MoxiWorks Enhances Innovation Timeline with New Leadership and Funding
Funding from private equity and brokerage partners, along with new leadership, is set to transform MoxiWorks, a leading provider of sales and marketing software in the real estate sector. With substantial capital secured from its ownership group, which includes Vector Capital, Howard Hanna Real Estate Services, and Windermere Real Estate, MoxiWorks is geared to fuel its innovation and service delivery to a growing client base that includes over 800 brokerages and approximately 400,000 agents.
Investment to Drive Innovation
The additional funds are being channeled into enhancing MoxiWorks' product offerings, ensuring they meet the needs of agents navigating the ever-changing real estate landscape. CEO Eric Elfman highlighted the pressing need for real estate businesses to adapt and evolve amidst significant market shifts. He remarked, 'When I joined MoxiWorks six months ago, it was clear that the residential real estate industry was undergoing significant change. Situations like this create huge uncertainty, but also a huge opportunity for evolution to support the modern agent.'
Building for the Future
MoxiWorks is focusing on a robust product strategy that comprises four essential areas: AI and automation, capabilities for agent teams, propensity scoring, and mobile functionality. These advancements are designed to empower agents with smarter tools aimed at enhancing their workflow. The integration of AI will streamline processes while providing essential insights that lead to improved business outcomes.
Introducing New Chief Revenue Officer
In alignment with their strategic direction, MoxiWorks is pleased to welcome Craig Raeburn Jr. as Chief Revenue Officer. With an extensive career spread over 30 years, Raeburn brings a wealth of experience in identifying market opportunities and implementing effective sales strategies. His previous role at SimpleLegal saw him successfully grow the company substantially, an accomplishment that reflects his capability to drive sales in a competitive landscape.
Vision for Customer-Centric Solutions
Raeburn's appointment underscores MoxiWorks' commitment to a customer-first approach. CEO Elfman acknowledged the value of Raeburn's experience and leadership, stating, 'Craig brings a wealth of experience and a customer-first mindset to MoxiWorks.' The leadership change is expected to enhance the company's efforts in providing innovative technology solutions that enable agents to advance their business operations.
About MoxiWorks
At its core, MoxiWorks is devoted to helping real estate agents succeed by streamlining their processes and maximizing their efficiency. The company's vision to become 'The AI Real Estate Platform' continues to drive its strategy, enhancing the productivity of agents and brokerages they support. With over a decade of experience in the industry, MoxiWorks remains a leader in delivering solutions that simplify the rigors of real estate marketing and management.
Frequently Asked Questions
What is the primary focus of MoxiWorks' recent funding?
The funding aims to accelerate innovation in sales and marketing solutions tailored for the real estate sector.
Who has been appointed as the Chief Revenue Officer of MoxiWorks?
Craig Raeburn Jr. has been appointed to lead MoxiWorks' sales strategies globally.
How many brokerages and agents does MoxiWorks currently support?
MoxiWorks supports over 800 brokerages and approximately 400,000 agents in the real estate market.
What are the four cornerstones of MoxiWorks' product strategy?
The four cornerstones include AI and automation, agent team capabilities, propensity scoring, and mobile functionality.
What is MoxiWorks’ mission?
MoxiWorks aims to become The AI Real Estate Platform, enhancing the day-to-day operations for agents and brokerages alike.
