Funding Led by Fifth Wall Will Accelerate Ridley’s AI-Powered Buy-Side Experience and Expand Its Commission-Free Selling Tools

NEWARK, Del.–(BUSINESS WIRE)–Ridley, the AI-powered real estate platform empowering homeowners to sell their homes without costly commission fees, today announced a $6.4 million seed round. The round was led by Fifth Wall—the largest investment firm focused on technology for the built environment—with participation from 1984 Ventures, 1Sharpe Ventures, Moxxie Ventures, Aglae Ventures,Park Rangers Capital, and leading angel investors, including executives from Stripe and Google. With this capital, Ridley will accelerate its mission to rebuild the real estate industry around consumers – expanding its proprietary AI capabilities for home sellers and launching a new suite of buyer-focused tools.

This new capital supports the upcoming launch of Ridley’s buy-side experience, giving buyers access to private listings, for sale homes, and ‘soon to be listed’ properties identified by proprietary predictive analytics. The funding will also enable Ridley to fully develop its seller tools and expand the use of Ridley Preferred Agents, offering consumers access to commission-free expert help on demand. By combining these features with AI-driven guidance, aided by property-specific insights directly from homeowners and interactive chat, Ridley provides a personalized, data-informed approach that transforms how people buy and sell homes.

“The current real estate market was not built around consumers – and it’s costing families across the U.S. as much as $100 billion a year,” said Mike Chambers, CEO and Founder of Ridley. “This funding round will allow us to keep building a complete, lower-cost, consumer-led experience. By expanding into the buy-side and introducing new features, we’re creating a modern marketplace where both buyers and sellers benefit from real value, instead of losing out on profit from traditional fees.”

“Ridley is redefining what a modern real estate transaction should look like,” said Dan Wenhold, Partner at Fifth Wall. “By stripping out unnecessary fees and putting AI directly in the hands of consumers, they are unlocking a level of transparency and efficiency this industry has never been able to deliver. What Mike and his team are building isn’t just a better user experience, it’s a fundamental re-architecture of the housing marketplace. We’re excited to support Ridley as they scale a truly consumer-first model.”

Ridley’s early traction underscores just how eager consumers are to break free from the traditional commission-based model. Since launching on July 15 of this year, the platform has generated over $4.6 billion in lead volume and currently features more than $350 million in private listings. With 57 homes sold, averaging just 33 days on market and achieving a 98.3% list-to-sold ratio, these results underscore growing demand for Ridley’s AI-powered, commission-free approach and set the stage for its buyer-side expansion.

ABOUT RIDLEY:

Ridley is a smarter way to sell your home. Acting as a step-by-step guide, Ridley empowers sellers to create their listing, distribute it across all major home-buying platforms, and navigate the entire process with AI-powered tools, on-demand legal support, and concierge services. Whether you’re a first-time seller, experienced homeowner, or builder, Ridley helps you streamline the sale, stay in control, and keep more of your money. Visit www.getridley.com.

ABOUT FIFTH WALL:

Fifth Wall, founded by Brendan Wallace, is the largest investment firm focused on technology for the built environment. The firm is driving the growth of nearly 160 companies, backing category-defining PropTech leaders such as Opendoor, Procore, Blend, Hippo, and Bilt Rewards. It’s supported by more than 110 of the world’s largest real estate owner-operators from 20-plus countries such as CBRE, Hilton, Hines, Lowe’s, Marriott, Public Storage, Related, and Starwood, amongst others. This consortium represents one of the largest groups of potential partners in the global built world ecosystem, resulting in transformational investments and collaboration with portfolio companies to improve efficiency and maximize returns. Headquartered in Los Angeles and New York City, Fifth Wall’s other offices include London and San Francisco. For more about Fifth Wall, its LPs, and portfolio, visit www.fifthwall.com.

Contacts

MEDIA CONTACT:
Kristin Lunt
ridley@solcomms.co

(c)2025 Business Wire, Inc., All rights reserved.