The funds will be used to expand the company's team and launch MoveAbility, a new program that lets homeowners cash out of and rent back their house for 1.5 years while they search for a new one
The NYC-based iBuyer aims to streamline the selling and buying process for 'dual trackers'
The funds will go toward expanding the company's reach and product options
IBuyer has plans to more than double its markets in 2018
Site seen as becoming 'definitive social network' for neighborhoods
Company claims adoption by close to half of Los Angeles millennials seeking rentals