Side Gets a $150M Series D Boost

San Francisco-based tech firm, Side, recently got a boost from a $150 million Series D funding round led by Coatue Management, a technology-focused investment firm. This latest round of financing establishes Side as one of the only real estate companies to achieve unicorn status and reach the $1 billion valuation milestone in just four years.

Side’s combined funding now totals more than $200 million which includes support from venture capital firms including Matrix Partners, Trinity Ventures and Sapphire Ventures.

Side’s new funding round will support hiring to expand the platform and accelerate expansion efforts beyond its three operating markets of California, Texas and Florida. Agents and independent brokerages will now have the ability to partner with Side and gain full ownership of a boutique brand without having to operate as a brokerage.