Real EstateUS

Reali Layoffs

August 2022

Reali announced a layoff affecting 140 employees (100% of its workforce) in August 2022. The company operates in the Real Estate sector.

People Affected

140

Percentage

100%

Announced Date

Aug 24, 2022

About

Israeli-founded real estate and fintech platform Reali is shutting down operations as of September 9, 2022, resulting in layoffs for its entire workforce of approximately 140 employees. This represents 100% of its staff. The company, which had raised a total of $140 million in funding, including a $100 million Series B round just a year prior, is ceasing operations amid broader tech sector challenges. Founded in 2015, Reali offered a platform to streamline home buying and selling transactions.