Indy Tech Startup Lands Seed Funding

(photo courtesy of Shaker)

Indianapolis-based software company Shaker has closed on a $2 million seed round of funding. The company, which has developed a transaction management platform for real estate agents and teams, says it will use the funding to fuel sales and marketing growth and add to its engineering team.

Shaker launched out of Indy venture studio High Alpha nearly a year ago. The funding round included participation from High Alpha, Indy-based Elevate Ventures and other notable angel investors.

“Our vision is to build a platform that allows real estate teams and independent brokers to manage the transaction process via a collaborative platform, bringing teams, vendors, and clients into a single source of truth” Chris Lucas, chief executive officer of Shaker, said in a news release. “Our investors continue to believe in the platform and the opportunity ahead, but more importantly our customers continue to see immediate value via our sleek user interface and powerful transaction features.”

In addition to the funding round, Shaker says it plans to launch a new agent mobile app in the fourth quarter.

We’ll have more on the funding round from Lucas in this afternoon’s INside Edge e-newsletter.