Newly launched startup Further has emerged from stealth mode with a $4.1 million pre-seed funding round aimed at simplifying the homebuying process for first-time buyers. Founded in early 2024, Further seeks to help prospective homeowners navigate the financial intricacies involved in buying a property. The investment round saw participation from Link Ventures, Vesta Ventures, F4, FiDi Ventures, Flex Capital, Gaingels, and individual investors such as Andrew Paradise, Jeff Fagnan, and Ryan Moore.
Further’s entry into the market comes as housing affordability issues intensify, especially for younger buyers. Millennials and other first-time buyers face significant hurdles as home prices reach new heights, often delaying their ability to purchase a home until their mid-30s. Many buyers today are left to handle complex financial planning on their own, typically relying on makeshift tools like spreadsheets. Further aims to replace these with accessible, tailored tools that streamline financial planning.
“Buying a home is a significant milestone, but the process can be overwhelming and often feels out of reach for many,” said Kevin Bennett, co-founder and CEO of Further. “We are committed to providing buyers with the tools, confidence, and insights they need to pursue their homeownership goals.”
Further was co-founded by CEO Kevin Bennett and COO Chris Baker, both of whom bring extensive expertise from fintech and real estate. Bennett, the founding CEO of fintech company Caribou, has led high-growth businesses, while Baker’s experience spans leadership roles at startups such as EverQuote and major financial institutions like Bank of America and Santander. Further’s CTO, Nassir Samatar, has a background in scalable tech development, having previously worked with companies including Amazon, Coupang, and Rover.
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By Proptechbuzz
By Ravi Kumar
