The Real Brokerage Inc. has secured a USD 20 million equity investment by Insight Partners
Categories: Corporate and M&A, Hi-Tech
The Real Brokerage Inc. (Real) has secured a USD 20 million equity investment by Insight Partners.
The transaction was carried out through the purchase of preferred equity units issued by a newly formed U.S. subsidiary of Real, REAL, PIPE LLC, which Preferred Units may be exchanged for common shares of Real.
DLA Piper LLP (US) served as U.S. counsel to Real and REAL PIPE, LLC and the team consisted of head of the Israel Group, partner Jeremy Lustman, partner Jon Venick and associate Arielle L. Katzman.
REAL, the parent company of the issuer and guarantor for the deal, is the parent company of Real Technology Broker Inc. (Israel).
