ApideckTapeMonthly recap
← Embedded Finance Index 2026

Side

“Can a tech-enabled brokerage platform become the full operating infrastructure layer for independent real estate agents and boutique teams at scale?”

Founded2017
HQSan Francisco, CA, USA
Total raised$250M+
Latest roundSeries D+, June 2021
Valuation$2.5B post-money (2021)
IndustryVertical SaaS / Real Estate
The story

Side was founded in 2017 (formerly Wayfinding/Reside Network) to operate as a behind-the-scenes brokerage platform, allowing high-performing real estate agents and teams to form their own boutique brands while Side handles compliance, legal, marketing, and technology infrastructure. The company scaled rapidly through 2021, reaching a $2.5B valuation and announcing IPO preparation, positioning itself as the operating system for independent real estate professionals rather than a traditional brokerage. Modern Treasury is listed as a customer-vendor relationship, suggesting Side uses Modern Treasury for payment operations and ledger infrastructure tied to real estate transaction flows.

Last 12 months
—
Product timeline
2017
Side (formerly Wayfinding / Reside Network) founded in San Francisco as a real estate brokerage platform to help agents and teams launch boutique brands.· pivot
2019
Raised $35M Series C led by Sapphire Ventures, with Paul Levine (former Trulia president) joining the board.· banking
2021
Raised $150M Series D at $1B valuation, achieving unicorn status.· banking
2021
Raised $50M+ at $2.5B valuation led by Tiger Global, with IPO preparation announced.· ipo
The stack
2 layers disclosed in Side’s embedded-finance stack
Ledger
Modern Treasury
Treasury
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Side — frequently asked

What ledger does Side use?

Side runs its ledger on Modern Treasury.

What is Side's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Side's stack: Ledger (Modern Treasury); Treasury (Modern Treasury).

Where is Side headquartered?

Side is founded in 2017 and headquartered in San Francisco, CA, USA.

How much funding has Side raised?

Side has raised $250M+ in total (latest round: Series D+, June 2021; valuation: $2.5B post-money (2021)).

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Side and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Side and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.