Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

INSUBCONTINENT EXCLUSIVE:
Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract
investor attention.The latest of these is Luxury Presence, which pitches digital marketing services to real estate agents and has raked in
$5.4 million in financing to support the buildout of its services and sales teams to manage clients.Previous investors Switch Ventures led
the round, which included participation from new investors Bessemer Venture Partners and Toba Capital, alongside previous investors Gerald
billion, active in the real estate industry in Los Angeles
These companies range from co-working startups like Knotel or WeWork to companies focused on servicing the real estate industry (like Luxury
Presence).In all, the sector is growing quickly as venture investors look to find markets that were reluctant to embrace technology