DURHAM – Despite signs that U.S. housing markets may be slowing and real estate technology companies announcing layoffs, the Durham-based startup HomeCloud has raised additional capital, according to an SEC filing.
The company has raised $100,000 in new funding from a single investor under a simple agreement for future equity (SAFE).
HomeCloud brought $250,000 in the door in April.
The software company provides a certified digital record of a home and originally raised $500,000 in capital from friends and family to launch.
Founder and CEO George Kirkland grew up in Durham. HomeCloud is his second startup. In April, Kirkland told WRAL TechWire the company was entering a phase of accelerating momentum, and noted that he didn’t believe he would go out and raise additional capital in the following three months.
Startup Spotlight: HomeCloud raises $250K to expand its digital home certification software
