Side, a startup that offers brokerage services and software to real estate agents, raised nearly $150 million at a valuation of $1 billion after the investment, according to a regulatory filing and two people familiar with the matter. It is the latest in a string of high-priced financings ignited by the home-buying boom.
Coatue Management led the financing, one of the people said. The funding would strengthen Side as a competitor to Compass, a more richly capitalized real estate brokerage that filed to go public earlier this month.
