Columbia

Maryland-based business enables collaborative processes for home buyers and sellers

COLUMBIA, Md., (September 5, 2024)TEDCO, Maryland’s economic engine for technology companies, announced a recent $25,000 Pre-Seed Rural Business Innovation Initiative (RBII) Fund investment in Goby Homes. TEDCO’s RBII was designed to enhance technology commercialization by providing technical and business assistance to small and early-stage companies based in rural Maryland. Through this initiative, select eligible companies receive investments of up to $25,000 to support their continued development and research.

“After noticing a gap in the real estate industry's current processes, we set out to create a solution that not only supports brokerages and REALTORS® but also enhances the entire experience for home buyers and sellers,” said Terrence Nickelson, founder and CEO of Goby Homes. “Thanks to TEDCO’s investment, we can continue working towards creating a platform that allows for collaboration and support as buyers go through the home-buying process.”

Goby Homes, located in Waldorf, Md., seeks to simplify property selection processes through its innovative platform, which emphasizes collaboration. By utilizing collaboration to empower communication, Goby Homes supports brokers allowing for streamlined transactions and brokerage management.

“Goby Homes is creating an innovative platform to connect all parties in the home-buying process, allowing for better collaboration and smoother processes,” said Justin Ferguson, TEDCO’s program manager of Venture Development. “This company is one of many in rural Maryland that are developing technology-based innovations. We are proud to have a program like RBII to enable these companies and support Maryland’s ecosystem growth.”

For more information about mentoring and investment opportunities from the RBII program, please visit https://www.tedcomd.com/resources/rural-business-innovation-initiative.

 

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, tthomas@tedcomd.com