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Online real estate company Redfin files for a $100 million IPO

June 30, 2017
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Redfin, an online real estate brokerage, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Seattle, WA-based company was founded in 2005 and booked $285 million in revenue for the 12 months ended March 31, 2017. It plans to list on the Nasdaq under the symbol RDFN. Goldman Sachs, Allen & Co., BofA Merrill Lynch and RBC Capital Markets are the joint bookrunners. No pricing terms were disclosed.