Fenwick represented Sundae, a residential real estate marketplace focused on helping sellers of dated or damaged property get the best price for their house, in its $80 Million Series C financing. The financing was co-led by Fifth Wall and General Global Capital, with additional participation from QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American Financial, Prudence Holdings, Crossover VC, Intersect Capital, Gaingels and Oberndorf Ventures.
Sundae will use the funds to continue expanding to new markets, investing in its online marketplace platform and digital tools for sellers and buyers and building brand awareness to reach more homeowners and property investors across the country. More information can be obtained from Sundae’s announcement.
The Fenwick transaction team was led by corporate partner Sam Angus as well as corporate associates Will Black, Tracy Kennberg, John Clancy and law clerk Jing Liu.