Flueid fetches $20 million in Series B funding round

Real estate tech company Flueid has announced raising $20 million in Series B funding, led by Aquiline Technology Growth, with participation from Commerce Ventures.

According to its release, $5 million of the funding is part of a relationship extension with Silicon Valley Bank (SVB). Flueid plans to use the proceeds of the financing to advance its technology suite and scale its products.

“Flueid is focused on bringing data forward that expedites decision-making and unlocks processes, no matter where a client sits within the ecosystem,” said Peter Bowman, co-founder and CEO of Flueid. “Over the last 18 months, we’ve evolved our technology to power multiple transaction types and arm our partners with a modern, tech-forward solution that helps them capitalize on any market shift. This funding reinforces shared confidence in our go-to-market strategy and our vision to power the real estate transaction from end-to-end with Flueid’s data, decisions and insights at the core.”