Company Overview 2018 - Real Estate Standards ...

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Company Overview 2018 - Real Estate Standards ...
Company Overview
2018
Company Overview 2018 - Real Estate Standards ...
COMPASS COMPANY OVERVIEW |   2
2018
Company Overview 2018 - Real Estate Standards ...
COMPASS COMPANY OVERVIEW |   3
2018
Company Overview 2018 - Real Estate Standards ...
COMPASS COMPANY OVERVIEW |    4
                                                                                   2018

The Opportunity
Today, most real estate decisions are made       Real estate is the largest asset class in the world. The U.S.
                                             •
via gut instinct and outdated information.
                                                 transacts $1.5 trillion in residential real estate annually.
We think that people deserve better.
                                             •   There are 2 million licensed real estate agents in the U.S.
                                                 alone, generating $75 billion in brokerage commissions.

                                             •   The industry is highly fragmented with over 64,000
                                                 boutique brokerages and over 800 MLSs.

                                             •   There are more than 250 niche third-party software tools
                                                 for agents that don’t work together. The average agent
                                                 uses 11 different tools.
Company Overview 2018 - Real Estate Standards ...
COMPASS COMPANY OVERVIEW |   5
                                              2018

Our Mission
At Compass, our mission is to help
everyone find their place in the world

The decision to buy, sell or rent a home is
too important to get wrong. At Compass, we
want to help you find a place — a house, a
neighborhood, a community — where you
feel like you belong. This matters.
Company Overview 2018 - Real Estate Standards ...
COMPASS COMPANY OVERVIEW |         6
                                                                                                  2018

                                          Client Collaboration   Marketing & Sales          Market Intelligence      Deal Closing

Our Technology
                                                 Collections        Marketing Center             Insights              Deal Closer
We are building the infrastructure,
data and technology on which the
future of the real estate industry will
operate.

Compass’ platform integrates listings,
client and transaction data all in one
place, giving agents personalized                Toursheets        Listing Presentation          Valuation

recommendations and insights on how to
better serve their clients.

                                                                                Data Platform
COMPASS COMPANY OVERVIEW |   7
                                                           2018

Our
Nationwide
Network
By the end of 2018, Compass will operate
in every major U.S. city.

It has publicly shared its goal to achieve
20% market share in the top 20 U.S.
cities by 2020.

                                             4500+       90+
                                             agents in   offices
COMPASS COMPANY OVERVIEW |               8
                                                                                              2018

Momentum
2012              2013           2014                2015               2016                2017                2018
 Ori Allon and     Releases       Closes $42M         Releases           Releases Open       Releases new          Releases the
 Robert Reffkin    mobile app     Series B            Property           House App and       Agent Mobile          ‘reimagined real
 found Compass                                        Valuation tool     Collections         App, Marketing        estate sign’
                   Closes $25M    Opens new HQ        and Markets App                        Center, Insights
 Closes $8M        Series A       at 90 Fifth                            Closes $90M         tool                  Launches in
                                                      Closes $60M                                                  Dallas, San
 seed round                       Avenue and                             Series D, valued
                                                      Series C                                                     Diego, Seattle,
                                  launches in                            at $1 billion       Closes $550M
 Opens first                      Washington, D.C.                                           Series E              Philadelphia,
                                                      Launches in
 office space                                                            Launches in                               Atlanta
                                                      Los Angeles,
 New York City                                        Miami, Boston,     San Francisco,      Maëlle Gavet
                                                      The Hamptons       Santa Barbara,      joins as COO          Khurrum Malik
                                                                         Montecito, Aspen                          joins as Chief
                                                                                             Launches in           Marketing Officer
                                                                                             Chicago and
                                                                                             Orange County
COMPASS COMPANY OVERVIEW |   9
                                                    2018

Our Investors

Compass has raised $1.2 billion in financing from
the same investors who have backed world-class
technology companies such as Facebook, Instagram,
Twitter, Airbnb, Uber and Lyft.
COMPASS COMPANY OVERVIEW |                               10
                                                                                                                       2018

Our Leadership
      Ori Allon, PhD                        Robert Reffkin                         Maelle Gavet                                           Leonard Steinberg
      Founder & Executive Chairman          Founder & CEO                          Chief Operating Officer                                Chief Evangelist
      —                                     —                                      —                                                      —
      Former Director of Engineering at     Former Chief of Staff to the COO       Former COO of $72B global travel                       Sold more than $3B in
      Twitter. Founder and CEO of           of Goldman Sachs. Former White         tech company, The Priceline                            transactions. Leads one of the
      Julpan, a social search engine        House Fellow and special               Group. CEO of Russia’s largest e-                      country’s top 10 brokerage teams.
      sold to Twitter. Developer of Orion   assistant to the Secretary of the      commerce company. Named to                             Editor of “Luxury Letter,” cited by
      search engine, bought by Google.      Treasury. Prior positions at Lazard    Fortune’s “40 under 40” and Fast                       The New York Times, The Wall
                                            and McKinsey & Company.                Company’s “Most Creative People                        Street Journal, and CNN.
                                                                                   in Business”.

      Rob Lehman                            Eytan Seidman                          Khurrum Malik                                          David Carp
      Chief Growth Officer                  Head of Product                        Chief Marketing Officer                                Deputy COO & General Counsel
      —                                     —                                      —                                                      —
      Prior positions at McKinsey &         Began his career as a Product          Most recently Global Director of                       Prior positions as General
      Company, focused on devising          Manager at Microsoft where he          Product Marketing at Spotify.                          Counsel and Co-CEO of the Würth
      growth strategies in legacy           helped build their first-ever CRM,.    Previously spent three years in                        Group. Served as the Chief
      industries through technology and     He sold his company to                 senior marketing roles at                              Operating Officer of Würth’s U.S.
      data innovations.                     Oyster.com to TripAdvisor in 2013,     Facebook and served as the Chief                       real estate corporation.
                                            then served as VP and GM at            Marketing Officer at eXelate (a
                                            TripAdvisor, leading a 50-person       Nielsen company).
                                            team.

      Matt Spangler                         Madan Nagaldinne                       Matt Rosenberg
      Chief Creative Officer                Chief People Officer                   Chief Revenue Officer
      —                                     —                                      —
      Built the creative group at Tribeca   Most recently the CPO at Outcome       Previously the Chief Revenue
      Enterprises, overseeing the           Health, one of the fastest growing     Officer at Eventbrite where he
      creation of responsive sites, new     healthcare tech firms. Spent 6 years
                                                                                   helped scale Eventbrite into the
      ticketing platforms, documentary      at Facebook in various roles
                                                                                   world's leading event technology
      films, a TV series, YouTube           including head of HR for the Asia-
                                            Pacific region and and head of HR
                                                                                   platform.
      channels, Film Festival campaigns
                                            for Facebook NY. Also led Amazon’s
      and digital product development.
                                            expansion into Asia, leading a 100+
                                            person HR team.
COMPASS COMPANY OVERVIEW |   11
                                                                            2018

MLS Partners
      RealTracs (TN)                             Bonita Springs Estero Realtors
      Cape Cod & Islands MLS                     Palm Beach Board of Realtors
      Austin Board of Realtors                   Regional MLS (OR)
      Houston Association of Realtors            Real Estate Informational Network MLS
      Laredo Association of Realtors             Central Virginia Regional MLS
      Lubbock Association of Realtors            REColorado
      San Antonio Board of Realtors              Pikes Peak MLS
      Beaches MLS                                IRES MLS
      Corpus Christi Association of Realtors     Summit County MLS
      Greater El Paso Association of Realtors    Colorado Real Estate Network MLS
      Northeast Florida MLS                      Flagler County Association of Realtors
      Royal Palm Coast Association of Realtors   St Augustine & St Johns County Board of Realtors
      Golden Empire MLS                          Punta Gorda Association of Realtors
      Fresno MLS                                 Tahoe Sierra MLS
      MetroList MLS                              South Tahoe Associaton of Realtors
      Contra Costa Association of Realtors       Buffalo Niagra Association of Realtors
      Rim O' the World Association of Realtors   West Penn Multi List
      Martin County MLS                          Greater Lehigh Valley Realtors
      South Broward Board of Realtors            Marco Island Multi List
      Central Texas MLS (Four Rivers)            Telluride MLS
Questions?
press@compass.com

compass.com
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