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Jome, an AI-powered real estate platform, has secured $9.8 million in Series A funding to expand its reach and simplify access to new construction homes across the U.S. The platform aggregates data, provides personalized tools, and offers expert consultations to streamline the home-buying process. By addressing inefficiencies in housing inventory visibility, Jome supports buyers and builders while tackling challenges in the current housing market.
The Housing Crisis and the Role of New Construction
The United States is currently experiencing a significant housing shortage, with an estimated deficit ranging from 4 to 7 million homes. This gap has strained the market, leaving many prospective buyers unable to secure suitable housing. A key area of untapped potential lies in new construction homes, which often remain inaccessible due to fragmented listings and limited visibility. Jome, an AI-powered real estate platform, aims to bridge this gap by providing streamlined access to new construction properties.
A Breakthrough in Funding: What $9.8M Means for Jome
Jome recently secured $9.8 million in Series A funding round led by Geek Ventures with participation from U.Ventures, Toloka VC, and Forefront VP. This funding enables Jome to expand its operations across the United States, currently covering 16 major cities, including Austin, Denver, and Miami. The infusion of capital will further enhance Jome’s ability to connect buyers with 90% of the available new construction inventory nationwide.
AI-Powered Tools Changing the Home-Buying Game
Jome’s platform employs advanced AI technologies to simplify the process of finding and purchasing new construction homes. Buyers benefit from:
- Aggregated data on home availability, pricing, builder incentives, and neighborhood amenities.
- Advanced search filters tailored to individual preferences.
- Instant property booking and real-time consultation services.
- AI-driven contract review and summarization for a transparent buying experience.
These tools eliminate inefficiencies in the traditional real estate process, allowing buyers to make informed decisions with greater ease.
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Proven Success in a Challenging Market
Since its inception, Jome has demonstrated tangible success in a competitive market. The platform has served over 100,000 buyers, facilitating $250 million in sales for prominent homebuilders such as D.R. Horton, Lennar, and PulteGroup. Its revenue growth, exceeding 300% since its seed round in 2023, underscores its significant role in the industry.
Rebranding to Reflect the Joy of Home Ownership
Formerly known as NewHomesMate, Jome’s rebranding symbolizes its dedication to creating a joyful and simplified home-buying experience. The name reflects the company’s focus on delivering independence, ease, and satisfaction to buyers navigating the complexities of the real estate market.
Broader Implications for the Housing Market
Jome’s model highlights the growing influence of technology in reshaping the housing industry. By leveraging AI to centralize and streamline access to new construction homes, the company not only empowers individual buyers but also introduces greater efficiency to the home-building sector. With accessible data and tailored support, platforms like Jome could play a pivotal role in alleviating systemic housing issues.
Empowering Buyers Through Innovation
Jome exemplifies how technology-driven solutions can transform the home-buying journey, making it seamless and accessible for a broader audience. Its commitment to expanding its footprint and refining its tools reflects a deep understanding of the challenges buyers face. By bridging the gap between homebuilders and buyers, Jome offers a practical path toward mitigating the housing shortage while enhancing the experience of purchasing a new home.
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