- Remine, headquartered in Vienna, Virginia, is a data and analytics platform for the real estate industry, recently acquired by Place for $1.5 million after struggling to maintain profitability and losing customers since its initial $53.5 million investment by four MLSs in 2021.
- In April 2025, Remine was sold at auction to Place, marking a significant shift after the company was put up for sale via an Assignment for the Benefit of Creditors due to financial distress, including $11.2 million owed to investors.
- Remine serves over half a million end users, including real estate agents, lenders, and MLSs, providing them with market insights and data intelligence to enhance their operations and client services.
- The ideal buyer for Remine's services includes real estate professionals seeking advanced data analytics and market intelligence solutions to improve decision-making and operational efficiency, especially in a competitive market landscape.
Remine's workforce is structured across six departments, with a significant concentration in Information Technology and Engineering, which together account for 11 of the 12 total employees. The Information Technology department leads with 6 employees, followed closely by Engineering with 5. This distribution indicates a strong emphasis on technical capabilities, complemented by smaller teams in Sales, Human Resources, Operations, and other functions, ensuring a balanced operational structure.
The company operates across three primary locations, with each site housing one employee. The geographic distribution includes Vienna, VA, San Diego, CA, and Denver, CO, reflecting a diverse operational footprint. Additionally, the 'Other' category encompasses 13 employees, indicating a significant remote workforce or distributed operations, which may enhance flexibility and access to talent across various regions.
