RealFriend

AI-powered Real Estate Agents for Apartment Rentals

Fintech & Insurtech
Non Active, Aug 2024 ceased to operate
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Company Overview

Snapshot

Founded in June 2018 by Hadar Landao and Omri Klinger, RealFriend operates with 1–10 employees. The company has secured funding across one round from 5 investors, including F2 Venture Capital. In August 2024, RealFriend ceased operations.

Business overview

RealFriend develops Luke, an AI-powered real estate agent designed to streamline apartment rentals and acquisitions. The company's core technology leverages artificial intelligence to analyze prospective tenants' preferences, matching them with suitable properties found across various platforms like Facebook groups and designated advertising sites such as Yad2, integrating synchronized information from additional sources. RealFriend operates within the Fintech & Insurtech sector, specifically targeting consumers in the financial and real estate markets, including tenants and landlords.

Strategic signal

In August 2024, RealFriend ceased operations. This indicates a significant and negative shift in the company's trajectory, signaling to investors and innovation teams that the venture was ultimately unsustainable or faced insurmountable challenges, leading to its closure.

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Company Intelligence Q&A

What is RealFriend's operational status?
RealFriend is currently non-active, having ceased operations in August 2024.
When was RealFriend founded and by whom?
RealFriend was founded in June 2018 by Hadar Landao and Omri Klinger.
Which investors participated in RealFriend's funding round?
RealFriend received funding in March 2020 from investors including F2 Venture Capital and Gaia Real Estate.
What is Luke, RealFriend's primary product?
Luke is an AI-powered conversational bot developed by RealFriend that assists users in finding suitable properties for rent or sale by pulling listings from various databases, filtering out fake entries, and providing personalized recommendations.
What was the strategic partnership between RealFriend and Yad2?
In August 2020, Yad2, an Israeli online classifieds website, announced plans to invest up to 10 million shekels in Doron, RealFriend's chatbot search engine. This investment aimed to expand Doron's services beyond Tel Aviv to other areas of Israel.
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