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Avenue 8 Raises $14M in Series A Funding

Avenue 8, a San Francisco, CA-based mobile-first residential real estate brokerage, raised $14m in Series A funding. The round was co-led by Threshold Ventures and Craft Ventures with participation from Zigg Capital, and Good Friends. In conjunction with the funding, Craft Ventures general partner Jeff Fluhr will join Avenue 8’s Board of Directors. The company intends to use the funds to accelerate growth, expand into major markets like New York City and Miami later this year, and enhance product development. Co-founded by Justin Fichelson and Michael Martin, Avenue 8 is a digital and mobile-first residential real estate brokerage for modern agents, working through a mix of automation and human expertise.

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