Luxury Presence Reaches $100 Million Annual Recurring Revenue as Top-Producing Agents Unify Their Businesses on One AI Growth Platform

Luxury Presence, the growth platform for real estate’s top performers, today announced it has surpassed $100 million in annual recurring revenue. The company now serves more than 100,000 real estate agents across nearly 20,000 brands and businesses. Agents on the Presence® Platform grow six times faster and close nearly three times more transaction volume than peers in their same markets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260527265173/en/

Luxury Presence's New York City team, along with founder and CEO Malte Kramer, gathers in Times Square to celebrate the company's $100 million ARR milestone.

Luxury Presence’s New York City team, along with founder and CEO Malte Kramer, gathers in Times Square to celebrate the company’s $100 million ARR milestone.

The milestone marks a period of accelerated growth for the company. In January 2026, Luxury Presence closed a $37 million funding round led for the third time by Bessemer Venture Partners. Earlier this month, the company launched the new Presence® Platform, the most significant product evolution in its decade-long history, bringing every part of a real estate agent’s client-facing business into one system.

“This milestone belongs to our clients,” said Malte Kramer, Founder and CEO of Luxury Presence. “They have pushed us, challenged us, and shaped every part of what we’ve built. We’ve had the privilege of helping tens of thousands of agents, teams, and brokerages grow their businesses because of the standard they’ve held us to, and the products they’ve asked us to create for them.”

Luxury Presence’s customer base and revenue growth have accelerated alongside the pace of its product innovation. The momentum has earned Luxury Presence continued conviction from its investors. Byron Deeter, Partner at Bessemer Venture Partners, has led three rounds of investment in Luxury Presence and serves on the company’s board.

“Crossing $100 million in ARR places Luxury Presence in a rare category of proven software companies,” said Deeter. “Fewer than two percent of venture-backed software companies ever reach this milestone. The pace at which top-performing agents and brokerages are joining the Presence® Platform excites us most about the company’s trajectory.”

The clients who have grown alongside Luxury Presence include some of the most recognized names in residential real estate. Thirty percent of the Wall Street Journal RealTrends top agents and teams run their businesses on the Presence® Platform. Among them is Noble Black, one of New York City’s top-ranked luxury brokers and the leader of Corcoran’s No. 2-ranked team nationwide. Black was among Luxury Presence’s first clients.

“Luxury Presence reaching this milestone says as much about the evolution of the real estate industry as it does about the company itself,” said Black. “The most successful agents today understand that brand, technology, and client relationships all have to work together seamlessly. Luxury Presence recognized that shift early and built a platform around it. That’s why so many top agents trust them with such a critical part of their business, including me.”

Since the start of 2025, the Company has expanded its AI product and engineering teams by more than 300 percent and now deploys new features to production five times faster than it did 12 months ago. Luxury Presence plans to invest more than $10 million in AI infrastructure and capabilities over the next year.

“We have rebuilt how this company builds software,” said Jesse Pederson, Chief Technology Officer of Luxury Presence. “The Presence® Platform is now continuously improving for each client, using their performance data to adapt to their market, their voice, and their unique business. No two clients are running the same version anymore.”

About Luxury Presence

Luxury Presence is the growth platform for real estate’s top performers. The company helps agents, teams, and brokerages attract more clients, turn their database into deals, and create relationships for life, all driven by Presence® AI. More than 100,000 agents and brands across nearly 20,000 real estate businesses rely on Luxury Presence to grow their sales, including 30 percent of the Wall Street Journal RealTrends top agents and teams. The Presence® Platform powers more than $450 billion in annual transaction volume. Founded in 2016 by CEO Malte Kramer, Luxury Presence has raised $89 million from notable investors including Bessemer Venture Partners, Switch Ventures, NextEquity, Toba Capital, Zillow co-founder Spencer Rascoff, real estate coach Tom Ferry, and others. The company has offices in Austin, Phoenix, Denver, Los Angeles, and New York City.

Media gallery