Engrain Raises $12 Million in Series A Funding led by RET Ventures to Drive Platform Improvements for Property Mapping Tech

Following 300% SightMap license growth in the past 2 years, real estate mapping software company will introduce pathfinding capabilities, leverage automation to reduce onboarding timelines and drive scaleDENVER, March 16, 2023 /PRNewswire/ -- , the market leader in interactive mapping technology and data visualization software for the built environment, today announced that it has raised $12 million in Series A funding to drive platform enhancements across the companys suite of technology offerings. "Following several years of growth, were looking forward to delivering a series of automated upgrades that improve our softwares operation and efficiency to elevate the user experience. At the core of Engrains ethos is an emphasis on creating convenient and accessible experiences to everyone who walks onto a property, and were eager to continue modernizing and refining our platform to achieve this goal. In the coming months, it will be rolling out a more streamlined way to transfer licenses, facilitating a smoother transition when a property is bought or sold, and launching a reseller program leveraging its network of over 200 website development partners. In these asset classes, the group includes some of the largest REITs and private real estate owners, operators and developers, who together control approximately 2.5 million rental units.Through its deep expertise and network, RET has created a unique real estate innovation ecosystem that delivers significant value to the companies it backs, providing them with access to thought leaders, development partners and ongoing strategic guidance.