Mapping Your Future Home

Urban Compass aims to help New Yorkers find the perfect place to live

A new company is hoping to redefine the ways that people find homes in New York City. On Tuesday, May 7, Mayor Bloomberg visited the offices of Urban Compass to announce the company's beta launch.

"We think there's a huge opportunity in the local discovery space. But it's a complex problem that technology can't solve by itself. In order to truly connect with the world around us, we need to make sense of both the online and offline components of local discovery," said company founder and executive chairman Ori Allon.

"Urban Cmpass aims to make it easier for people to find the right place to live in New York City, and they've landed in one of the hottest high-tech communities anywhere," said Bloomberg.

Urban Compass will work by combining transparent online search with a team of local experts.

"There are plenty of companies that build offline experiences and plenty of companies that build online products. We're rewiring old-school businesses with technology to deliver great customer experiences," said founder and CEO Robert Reffkin.

Urban Compass has raised an $8 million seed round of financing from investors such as Goldman Sachs, Founders Fund, Thrive Capital and a consortium of CEO's from companies including American Express and ZocDoc.