It was back in 2016 that best friends Kyle Stoner and Carson Junginger were both struggling with figuring out the home-buying process.
Between finding a realtor, finding a property and securing a mortgage, the two tech entrepreneurs realized that buying a home was too cumbersome and fragmented. And when they couldn’t find a single platform where they could manage all these separate tasks, they teamed up to create one — Abode.
“People often describe buying a home as the largest, most overwhelming, and stressful event that they have to do in their lives … And that’s because it’s manual. It’s fragmented,” Stoner, the startup’s co-founder and CEO said. “Something had to be built to make it easier for people to buy a home.”
Officially launched in 2017, Abode gathers all the things that home buyers and sellers need, including realtors, properties, mortgage companies inspectors and attorneys. The company, which was a member of the latest TechStars Chicago class and now works out of the accelerator at 1871, has quietly been planning its multi-city expansion, rounding up funding from firms like SoFi, and developing a new product that will launch in March 2018.
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