Lowenstein represented Acrew Capital, a San Francisco-based venture fund, as leader in a $20 million Series A extension round in Nomad Homes, a software-enabled marketplace for residential real estate in Europe and the Middle East. The round also saw participation from players such as 01 Advisors, HighSage Ventures, Abstract Ventures, Partech, Precursor Ventures, Potluck Ventures, and Knollwood, and several undisclosed hedge funds.
The startup plans to utilize the funding for growth, development of its AI-driven co-pilot for buyers, and the launch of Nomad Homes Private Client.
Founded in 2019, Nomad Homes is a software-enabled marketplace for residential real estate in Europe and the Middle East (EMEA). It offers a bespoke service for clients buying properties or portfolios worth over $2.72 million, similar to high-end private banking solutions. The service strives to provide expert guidance, custom negotiation strategies, and absolute privacy. Its buying agent acts as a single point of contact, providing expert advice separate from the selling agent.
The Lowenstein deal team included Anthony W. Raymundo, Sara Uz, and Ike Omoruna.
