Compass Real Estate is an American technology company that is changing the real estate industry. Unlike WeWork, Compass has no debt and is valued at a revenue multiple comparable to publicly traded real estate technology companies, according Chief Financial Officer Kristen Ankerbrandt. Compass, the real estate tech platform that is now worth $4.4 billion, has made an acquisition to give its agents a boost when it comes to looking for good leads on properties to sell. The company provides software to real estate agents. Ori Allon, Robet Reffkin, and Ugo Di Girolamo founded Urban Compass on October 4, 2012 that became Compass … New to tech and real estate? Compass Group plc is a British multinational contract foodservice company headquartered in Chertsey, England. Compass, a company that aims to use technology to simplify home buying and selling, is opening offices in the Seattle area. In addition, it provides better services for the consumers who select agencies that use their software. Compass is said to be the first company to have built a proprietary mobile app for real estate agents. But is Compass a tech company or a traditional brokerage? It is the largest contract foodservice company in the world. It claims that it is a tech company (with tech company valuations), and it’s building the “first modern real estate platform” that provides “real estate agents tools that increase efficiency.” The data has yet to prove out this thesis. One of the key questions I explored in my deep dive analysis of Compass is whether it is being valued as a technology company or a brokerage.At the time, it was clearly being valued as a technology company, with a revenue multiple of 4.9x -- well above traditional brokerages and much closer aligned to Zillow. Compass operates as a real estate brokerage company. It offers innovative solutions to make the jobs of agents easier. If you're looking for a tech company that can communicate effectively without confusing you and throwing out all this technical jargon that you don't understand then Compass is for you. However, Compass’ tech team represents a significant portion of its salaried, full-time employees. Compass is a real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. Compass Group has operations in 45 countries and employs over 600,000 people. The Compass investment thesis centers around technology. We deliver an incomparable experience to both agents and their clients all in service of the Compass mission: to help everyone find their place in the world.