Real-estate startup Sundae just raised $16 million in a Series A fundraising round backed by Founders Fund and QED Investors.
Sundae aims to help those selling a rundown home get a fair price and avoid predatory investors.
House "flipping", in which investors purchase properties and quickly sell them for a profit, rose to an eight-year high in 2019 – accounting for 6% of all home sales in the US.
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Sundae, a real-estate startup helping...
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