Stubbs Alderton & Markiles' client HouseCanary, a real estate technology company offering the most accurate home valuations, has acquired Dropmodel, a technology startup with analytic and financial modeling solutions for the single-family real estate asset class. Additionally, Dropmodel Co-Founder Tom Blake has joined the HouseCanary team as Vice President of Investor Platform. This is the first acquisition for HouseCanary which recently closed a $65M Series C growth funding round.

To read the full press release visit here. 

Stubbs Alderton attorneys representing in this transaction were Caroline Cherkassky, Jared Brenner, and Greg Akselrud.

About HouseCanary:

Founded in 2013, valuation-focused real estate brokerage HouseCanary provides software and services to reshape the real estate marketplace. Financial institutions, investors, lenders, mortgage investors, appraisal management companies, and consumers turn to HouseCanary for industry-leading valuations, forecasts, and transaction-support tools. These clients trust HouseCanary to fuel acquisition, underwriting, portfolio management, and more. Learn more at www.housecanary.com.

For more information about our Venture Capital & Emerging Growth practice or our Mergers & Acquisitions practice, contact Scott  Alderton at  or Greg Akselrud at .

Stubbs Alderton & Markiles' client  HouseCanary, a real estate technology company offering the most accurate home valuations, has announced that it has raised $65 million in a Series C funding round with help from a group founded by billionaire and former U.S. Secretary of Commerce Penny Pritzker. Including this Series C round, HouseCanary has raised a total of $130 million in funding.

To read the full article visit Law 360. 

Stubbs Alderton attorneys representing in this transaction were Greg Akselrud and Caroline Cherkassky.

About HouseCanary
Founded in 2014, their mission is to help people make better real estate decisions. Built on a foundation of great data, powerful models and predictive analytics, the HouseCanary platform aggregates millions of data elements, including more than four decades of property data and a rapidly expanding arsenal of proprietary data calculations and analytics, to accurately define and forecast values and market influences. The company is headquartered in San Francisco. www.housecanary.com

For more information about our Internet, Digital Media & Entertainment practice, contact Greg Akselrud at