Leading Real Estate Technology Company, Compass, Continues Talent Acquisition Drive for its India Development Centre

The company aims to double headcount in India within the next several months with a focus on technologies such as Artificial Intelligence, Cloud Computing and Mobility

Hyderabad/New Delhi, 1^st July 2021 - Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced that it intends to double its headcount in India at the Compass India Development Centre (IDC) over the next few months.

Headquartered in the U.S., Compass provides an end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients. The Compass platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service and other critical functionality, all custom-built for the real estate industry and enabling the company’s core brokerage services.

The Compass IDC, located in Hyderabad’s Financial District, is the only technology hub Compass operates outside of the U.S. and complements the company’s tech hubs in New York City, Seattle and Washington, D.C. Compass’ global technology talent pool of 850+ product and engineering professionals has made a significant contribution towards the substantial business growth of the company.

The Compass IDC has 200+ employees, with agile, highly-skilled software engineers and product teams who have developed multiple cloud based services since launching the centre in Q1- 2020. Talent acquisition for the IDC continues to be focused around engineering and development of next-gen technologies like Artificial Intelligence (AI), Machine Learning (ML), Cloud Computing, Data Analytics, Robotic Process Automation (RPA) and iOS and Android development.

"India is home to some of the finest technology talent powered by entrepreneurial thinking and innovation critical for transforming industries. Their ability to adapt to a fast-paced and changing work environment accompanied by strong technical skills makes them perfect candidates for an organization like ours," said Joseph Sirosh, Compass Chief Technology Officer.

The major focus of Compass IDC has been on expediting software engineering and development across the fields of Mobile Apps, Cloud Computing, Artificial Intelligence, Machine Learning, RPA and Data analytics. The team has played an integral role in the launch of new features in the Compass platform for CRM, marketing, client service, 3D virtual tours, and more.

“The Compass IDC has an exceptional track record for hiring and retaining world-class talent and this has continued throughout the pandemic. We believe in providing technology innovators with the freedom to work independently and by embracing the power of entrepreneurial thinking we’ve been able to build an extremely competent team despite these challenging times,” continued Sirosh. “We’re looking for people who move fast, dream big, and want to shape the direction of their own careers while shaping the future of real estate through cutting edge innovation.”

The Compass IDC is currently hiring for a variety of positions. More information can be found at: Link - https://www.compass.com/careers/jobs.

About The Compass India Development Centre
The Compass’s India Development Centre located at Hyderabad's Financial District represents the only overseas development centre of Urban Compass Inc., a US headquartered technology platform empowering home buyers and agents in the US market. The Compass India Development Centre is tasked with making advancements across the company's technology stack, working across different technology verticals which include Mobile Applications, Cloud Computing, Artificial Intelligence & Data Analytics for Compass' growing client base. Since its inception, the India Development Centre has proved to be a highly valuable asset for the organization in terms of innovation & support.

About Compass
Founded in 2012, Compass, Inc. is a leading real estate technology company, providing an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services, and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.Compass.com.

Cautionary Note Regarding Forward-Looking Statements

Statements contained in this press release that refer to future events or other non-historical facts are forward-looking statements that reflect Compass’s current perspective on existing trends and information as of the date of this release. Statements containing words such as “could,” “believe,” “expect,” “intend,” “will,” or similar expressions constitute forward-looking statements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from our current expectations depending upon a number of factors affecting our business, including, but not limited to, expansion into new markets, prevailing market conditions, the impact of general economic, industry or political conditions in the United States or internationally, and risks related to the impact of the COVID-19 pandemic. The foregoing list of risks and uncertainties is illustrative, but is not exhaustive. For information about other potential factors that could affect our business and financial results, please review the “Risk Factors” described in our Form 10-Q for the quarter ended March 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on May 13, 2021, and our other filings with the SEC. Except as may be required by law, we undertake no obligation, and do not intend, to update these forward-looking statements after the date of this release.