Bellevue-based real estate tech startup Nexme has been acquired by Finaya, another real estate tech startup.
The companies announced the deal Wednesday but didn't disclose financial terms. In an email to the Business Journal, Nexme co-founder Vanessa Alvarez said Nexme's six employees are all joining Palo Alto, California-based Finaya, which now has 10 employees.
“We’re excited to join Finaya and continue making our vision of a seamless homeownership experience a reality," Nexme co-founder and CEO Arian Abdulkader said in a news release.
Alvarez added that the Nexme brand is folding into Finaya. Its website currently says "Nexme powered by Finaya."
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Nexme, founded in 2019, allows homebuyers to schedule tours instantly and meet agents at the door. The company also connects buyers with mortgages, and it allows sellers to list their homes. Its services are available in Washington and Massachusetts, and it aims to launch in California soon.
Finaya, meanwhile, announced its launch Wednesday along with the acquisition. The company also allows homebuyers to instantly set up tours, and it allows buyers to make an offer through the app. Buyers can use the platform to find mortgages and insurance, and sellers can list their homes through Finaya. Finaya in the release called itself an "AI-based homeownership marketplace super-app."
Finaya is available as a test in Washington for now, but the company says it plans to launch nationwide by the middle of this year.
Alvarez has spent more than seven years at Microsoft in program and product management roles, according to her LinkedIn page. She spent more than three years at Amazon before that.
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