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The Origin Story

origin story

Robert Reffkin founded Compass in 2012, drawing inspiration from his mother, Ruth, a longtime real estate agent. He saw the pride she took in helping her clients navigate one of the most important transactions of their lives, but also the struggle of growing her business because she didn’t have the right tools or support to realize her potential.

Robert vowed to create a company that would do better for agents like his mom. He founded Compass to better serve the nearly 2 million agents in the U.S. and provide agents with everything they need to serve their clients, grow their business, and realize their entrepreneurial potential, all in one place.

Ruth is now a proud Compass agent having some of the best years of her career while in her mid-70s.

Moments and Milestones

2012

  • Ori Allon and Robert Reffkin found Compass
  • Established first office in New York City; Closed $8M seed round of financing

2013

  • Launched consumer mobile app
  • Closed $25M Series A round of financing

2014

  • Closed $42M Series B round of financing
  • Launched 2nd market: Washington D.C

2015

  • Launched: Miami, Boston, The Hamptons, Los Angeles
  • Closed $60M Series C Round of Financing

2016

  • Launch of Compass Technology Platform
  • Launched: Southern California, San Francisco; Crossed $50B Sales Volume

2017

  • Launch of Marketing Center & Collections
  • First Agent REtreat

2018

  • 400M Round of Financing To Expand The Business
  • Launch of Compass Concierge

2021

  • #1 Brokerage in the US
  • Publicly Traded Company on NYSE

2023

  • Release of Compass AI
  • #1 Brokerage in the US For 3rd Year In A Row

2025

  • Launch of Compass One
  • Release of Three Phase Marketing
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Realize Your Goals With A Brokerage That Invests In Your Success.

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Achieve your goals with a brokerage invested in your success. Our tailored strategies and unwavering support empower you to realize your personal and professional dreams.

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