Mogul Closes Oversubscribed $15.5 Million Series A to Scale AI-Driven Real Estate Platform
Mogul, an AI-powered real estate investing platform, has closed a $15.5 million Series A funding round led by Draper Associates and supported by the founders of BlueChew. The raise exceeded its original target by more than half and values Mogul at $126 million. The company plans to use the capital to scale AI infrastructure, expand operations, grow its property portfolio, and create new revenue streams. Mogul has already achieved significant traction since launching in 2022, facilitating over $110 million in real estate investments across more than 150 properties. The platform leverages AI for supply-side processes such as targeting, performance analysis, and asset monitoring, reducing manual effort by 89% and cutting time per property from 18 to two hours. The company reported impressive growth metrics: a 14.5x revenue increase between 2024-2025, 5.6x year-over-year revenue growth in the latest period, and 4x customer growth. Mogul is on track for $9 million annualized revenue by year-end and aims to scale to $60 million within 18 months.
Topics: AI technology real estate scaling operations venture capital