Luxury Presence Hits $75M ARR Backed by New Leadership and AI Team Growth
Luxury Presence, a leading AI marketing platform for real estate agents, has crossed $75 million in annual recurring revenue (ARR). This milestone comes as the company expands its AI product and engineering teams by 300% since January 2025 and welcomes several high-profile executives from Amazon, McKinsey, SERHANT., and NBC News.
Founded in 2016 and headquartered in Austin, Texas, Luxury Presence serves over 65,000 agents and 16,000 customer accounts, including 30% of the Wall Street Journal’s top-ranked agents and teams. The company continues to build on momentum following the launch of the industry’s first autonomous AI marketing platform.
Strategic Leadership Additions Fuel Next Growth Phase
Key hires are strengthening Luxury Presence’s capabilities in growth, product innovation, and brand development:
- Kyle Scott joins as Senior Vice President of Partnerships, Brand & Community. Formerly president of SERHANT. Ventures and an NBC News producer, Scott brings deep experience in scaling media and education platforms globally.
- Alex Green takes on the role of Chief of Staff. A McKinsey alum and Harvard MBA, Green has led marketing and sales transformations for Fortune 100 companies and managed customer experience with $85M in renewals.
- Will Kornegay becomes Director of Product. With a background launching digital products at Amazon, Kornegay will lead the team developing AI Marketing Specialists aimed at increasing agent lead generation and conversion.
- Eric Dates is appointed Director of Growth Marketing. Bringing over a decade of SaaS marketing leadership, Dates will focus on driving demand and revenue growth.
Kyle Scott notes, “Malte has built a category-defining AI company at the center of real estate’s next chapter. Our media-first marketing approach positions us well to extend our lead in shaping the industry.”
AI Marketing Platform Delivers Measurable Results
Luxury Presence’s Autonomous AI Marketing Team has already executed more than 11,000 optimizations, messages, and blog posts for clients since its launch. Powered by the proprietary PresenceAI engine, these AI Marketing Specialists manage ads, SEO, blogging, and lead nurturing. This reduces manual work for agents while improving conversion rates and lead generation.
Jesse Pedersen, CTO, explains, “PresenceAI is setting the standard for real estate marketing automation. With our growing product and engineering teams, we’re prepared to out-innovate competitors and deliver even more value to agents.”
About Luxury Presence
Luxury Presence powers residential real estate agents with an AI-driven marketing platform. The company counts investors like Bessemer Venture Partners, Switch Ventures, Zillow co-founder Spencer Rascoff, and notable figures from sports and real estate coaching.
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