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Luxury Presence Hits $100 Million ARR, And It's Reshaping How Top Real Estate Agents Do Business

TECHNOLOGY

5/28/20262 min read

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.

In a real estate technology landscape crowded with point solutions and disconnected tools, Luxury Presence has taken a different path, and the results are now hard to ignore. The Austin-based company has surpassed $100 million in annual recurring revenue, cementing its position as the platform of choice for some of the most productive agents and brokerages in the country.

What Is Luxury Presence?

Founded in 2016 by CEO Malte Kramer, Luxury Presence started as a premium website platform for real estate professionals and has evolved into something far more comprehensive. The company's flagship Presence® Platform brings every part of a real estate agent's client-facing business into a single, AI-powered system, from brand and marketing to database management and client relationships.

The numbers speak to its effectiveness. Agents on the Presence® Platform grow six times faster and close nearly three times more transaction volume than peers in their same markets. The platform now powers more than $450 billion in annual transaction volume across its user base.

A Milestone That Signals a Turning Point

Reaching $100 million in ARR is not a routine achievement. Fewer than two percent of venture-backed software companies ever hit this mark, making Luxury Presence's milestone a meaningful indicator of both product-market fit and sustained execution.

"This milestone belongs to our clients," said Malte Kramer, Founder and CEO. "They have pushed us, challenged us, and shaped every part of what we've built."

The momentum has attracted continued investor confidence. In January 2026, Luxury Presence closed a $37 million funding round led for the third time by Bessemer Venture Partners, an unusual show of repeated conviction from a top-tier venture firm. Board member Byron Deeter noted that the pace at which top-performing agents are joining the platform is what excites investors most about the company's trajectory.

Who's Using It

Thirty percent of the Wall Street Journal RealTrends top agents and teams run their businesses on the Presence® Platform, a telling statistic about where elite producers are placing their technology bets.

Among them is Noble Black, one of New York City's top-ranked luxury brokers and leader of Corcoran's No. 2-ranked team nationwide. "The most successful agents today understand that brand, technology, and client relationships all have to work together seamlessly," said Black. "Luxury Presence recognized that shift early and built a platform around it."

The AI Investment Behind the Growth

The company's recent product acceleration is no accident. Since the start of 2025, Luxury Presence 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 just twelve months ago. The company plans to invest more than $10 million in AI infrastructure over the next year.

Chief Technology Officer Jesse Pederson described the shift plainly: "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."

For real estate professionals looking to compete at the highest level, that kind of personalized, continuously evolving technology may be exactly what separates the top performers from everyone else.

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