The Seed Round
AUG. 18, 2020
OfferBright is the first PropTech company set to disrupt the $1.6 trillion-dollar residential real estate market and innovate an industry stuck in a low tech rut through a patent-pending process.
OfferBright is the first PropTech company set to disrupt the $1.6 trillion-dollar residential real estate market and innovate an industry stuck in a low tech rut through a patent-pending process. The real estate industry, specifically the purchase and sale of residential property, has been fixated on a paper process filled with outdated workflows, long closing dates, and expensive commission. This is where OfferBright shines.
OfferBright is patent-pending for contactless real-time app guided residential property buying and selling. Property sellers, selling land or a house, can enter a few details, take a few photos, and then submit their property in-app. OfferBright uses artificial intelligence, machine learning, and a proprietary Property Match Algorithm to match their property to a verified cash buyer or real estate investor. Multiple investors can make offers on the same property in-app and sellers can filter those offers and choose the one with the best terms and offer price. Purchase contracts are e-signed and e-filed with their respective county, so the property sale is done completely in-app.
OfferBright is headed up by a unique team composing of Jay Cambron, president of OfferBright and a successful software engineer, Nathaniel Zulkanycz, vice president and a successful real estate investor, and Ashley Cambron, art director and a talented visual designer specializing in lifestyle branding.
OfferBright is entering its first round of funding, the seed round, and expects to launch its pioneering mobile app to all platforms in the coming months.