A home-co-buying-platform startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.
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Cher Incorporated
Cher is a Proptech application that makes co-buying a home easy.
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Cher has established an all-in-one platform that connects real estate professionals to prequalified homebuyers who are seeking to co-own houses in their respective cities.
They vet all their users and offer them valuable knowledge and tools, providing buyers access to exits, including assesment of their equity and selling their fractional ownership.
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What's Innovative About Their Solution?
Cher provides a soft credit pull and background check, verifies IDs, and integrates with social platforms like Facebook and Linkedin in order to bridge new relationships and access zero closing costs.
They are a licensed real estate brokerage, and mortgage brokerage with ties to N.A.R., Quicken Loans, UWM, along with others.
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📍 Location
California, USA
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⚙️ Product Stage
Beta—Public
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🏭 Industries
Smart Cities, Transportation & Logistics
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🤑 Fundraising Status
Considering raising
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💸 Total Funding
To Date
$500k-$1.5MM
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Big Wins
- $105,000 in revenue to date
- $30k M.R.R. and growing
- 55,000+ buyers
- Dreamit Urban Tech Fall Program 2019 Founders Institute Funding Lab 12 Mucker Labs – Accepted Terms
- Featured on CBS
- SVOD 2019 Finalist
- N.A.R. 2019 Finalist IOI Summit
- 300+ Enrolled Industry Professionals; 80 subscribed to Cher’s Clique
- 25 Transactions Closed; 75 committed
- Strategic partnerships with Barada Associates, Mucker Lab, Quicken Loans, United Wholesale Mortgage, Equifax, Vouched, American Credit System, and CRMLS
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Contact the Founder:
Eric Chebil
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2019 Startup Outlook Report
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