SoloPro, Inc. is a venture backed startup company based out of Durham, North Carolina. Incorporated in 2015, SoloPro is a real estate market network, aimed at helping consumers and agents alike. SoloPro works on a no-commission model, using technology to unbundle real estate transactions and allowing consumers to purchase the services they want on-demand and for a fixed price.
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CNN named SoloPro as one of 5 startups "changing the real estate game" in 2015.
SoloPro has over 1,400 agents in 46 states.
History
SoloPro was created by Tommy Sowers, Shayne Sowers and Narayan Krishnan. The SoloPro founding team acts as the key managerial staff for the company: Shayne Sowers, President and Co-Founder; Narayan Krishnan, Chief Technical Officer and Co-Founder; and Tommy Sowers, Chief Executive Officer and Co-Founder.
The company is headquartered in downtown Durham, North Carolina in the American Underground building.
Investors
In June 2015, SoloPro closed its first, oversubscribed seed round of $1M led by Oxpoint Investments and Buchanan Ventures, and included investments from Blue {Seed} Capital, Arnold Capital and a number of angel investors.
SoloPro received a strategic investment from Lowe's Home Improvement's venture arm in 2015.