Wednesday 22 January 2020

Virtual brokerage Fathom Holdings files for IPO

Cloud-based brokerage Fathom Holdings, which charges agents a flat fee per deal, wants to raise $14 million through a planned public offering. The 10-year-old company, which has more than 3,600 agents nationwide, filed a registration statement recently with the Securities and Exchange Commission. Fathom’s S-1 filing shows it has experienced revenue growth since 2017, but has also seen a streak of net losses. And while its agent base has grown substantially, the firm acknowledged its



source https://therealdeal.com/2020/01/22/virtual-brokerage-fathom-holdings-files-for-ipo/

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