# Properly funding: rounds and investors > Properly has raised $52M across 3 rounds since 2018. Investors include FJ Labs, Lerer Hippeau and NextView Ventures. Every round with its source. Source: https://millionrounds.com/company/properly (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Properly* 3 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Internet Proptech Real Estate Funding summary Updated 26 Oct 2026 **$52M** raised across 3 rounds since 2018, from 3 sources **$1.5M** Seed **$22M** Series A **$28M** Series B - **Latest round:** Series B, $28M Aug 2022 - **Step-up i:** 1.3× - **Investors:** 12 (4 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2019 2020 2021 2022 **$1.5M** Seed **$22M** Series A **$28M** Series B - **First round:** Seed, $1.5M - **Biggest round:** $28M - **Usual gap between rounds:** 3 years ## The rounds - **Aug 2022** Series B **$28M** *6 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [AlleyCorp](https://millionrounds.com/fund/alleycorp) [1984 Ventures](https://millionrounds.com/fund/1984-ventures) [Max Ventures](https://millionrounds.com/fund/max-ventures-2) Source recorded - **Aug 2019** Series A **$22M** *4 new* [FJ Labs](https://millionrounds.com/fund/fj-labs) Lead [Prudence](https://millionrounds.com/fund/prudence) Lead [Golden Ventures](https://millionrounds.com/fund/golden-ventures) Kevin Ryan of AlleyCorp Reported by FinSMEs - **Oct 2018** Seed **$1.5M** *2 new* [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) Lead [NextView Ventures](https://millionrounds.com/fund/nextview-ventures) Lead Reported by Prweb ## Founders and team From Properly's own website: 3 on the team. - **Justin Herlick** Chief Executive Officer - **Brian Martin** Chief Financial Officer - **Jonathan Shih** Chief Technology Officer ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2018 **Series A** 2019 **Series B** 2022 [FJ Labs](https://millionrounds.com/fund/fj-labs) L [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) L [NextView Ventures](https://millionrounds.com/fund/nextview-ventures) L [Prudence](https://millionrounds.com/fund/prudence) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [AlleyCorp](https://millionrounds.com/fund/alleycorp) [Golden Ventures](https://millionrounds.com/fund/golden-ventures) [1984 Ventures](https://millionrounds.com/fund/1984-ventures) ## Everyone who backed them [FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **2** rounds, led 1 [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round, led 1 [NextView Ventures](https://millionrounds.com/fund/nextview-ventures) VC firm **1** round, led 1 [Prudence](https://millionrounds.com/fund/prudence) VC firm **1** round, led 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **1** round [Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **1** round [AlleyCorp](https://millionrounds.com/fund/alleycorp) Venture studio **1** round [Golden Ventures](https://millionrounds.com/fund/golden-ventures) VC firm **1** round [1984 Ventures](https://millionrounds.com/fund/1984-ventures) VC firm **1** round [Max Ventures](https://millionrounds.com/fund/max-ventures-2) VC firm **1** round Kevin Ryan of AlleyCorp no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=properly). ## Also claim to have backed them This firm lists Properly as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Parker89](https://millionrounds.com/fund/parker89) Corporate VC Per its own site ## Quick answers about Properly ### Who invested in Properly? Properly's investors include FJ Labs, Lerer Hippeau, NextView Ventures, Prudence and Y Combinator, and 7 more on record. ### How much has Properly raised? Properly has raised $52M across 3 rounds since 2018. ### When did Properly last raise? Properly's most recent round was a Series B of $28M in Aug 2022. ### What was Properly's biggest round? Its most recent round, $28M in Aug 2022, is also its largest on record. ### Who backed Properly first? Properly's first round on record, in Oct 2018, was backed by Lerer Hippeau and NextView Ventures. ### What stage is Properly at? Properly's latest named round is a Series B, in Aug 2022. ### Where is Properly based? Properly is based in the United States. ### Who led Properly's rounds? Lerer Hippeau led the Seed in 2018; FJ Labs led the Series A in 2019. ## Companies like Properly In the same sector, and raised in the last eighteen months. [**MARC** $5.0M · Oct 2026](https://millionrounds.com/company/marc)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app