Compass Files Confidentially for IPO

Robert Reffkin (Getty, iStock)

Robert Reffkin (Getty, iStock)

Compass has filed confidentially to go public.

The residential brokerage, which has raised $1.5 billion from investors including SoftBank, said it submitted a draft registration statement with the U.S. Securities and Exchange Commission on Monday.

Compass did not disclose the size of the offering. The firm’s