Softbank invests $450 million in real estate tech company Compass

Real estate technology firm Compass announced on Thursday it’s getting an investment of $450 million from the SoftBank Vision Fund.

The infusion from the $93 billion venture vehicle — whose backers include the Japanese conglomerate SoftBank and Saudi Arabia’s sovereign wealth fund — brings Compass’ total capital raise to $775 million.

Other Compass investors include Goldman Sachs, outgoing American Express CEO Ken Chenault, Salesforce CEO Marc Benioff, and major property developer The LeFrak Organization, run by billionaire Richard LeFrak.

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