First.io raises $5M round for home sales prediction platform

First.io, a startup that uses artificial intelligence to predict when people are going to move, has raised $5 million in Series A funding. Launched in 2016, the Durham, North Carolina-based company develops software that predicts when people are likely to buy a home based on salaries, spending behaviors and major life events. "First helps agents identify the relationships they should be nurturing, and puts them in the right place at the right time to unlock the latent value of an agent's network," said First founder and CEO Mike Schneider in a statement. "This round of funding not only brings us partners with a wealth of expertise and additional, powerful distribution channels. It will also accelerate our development of new innovative products to help top agents leverage industry-leading intelligence to grow their businesses faster than ever."