Reonomy Lands $3.7M From SoftBank To Tame The Wild West Of Commercial Real Estate Data
Summary
New York’s commercial real estate industry is about as close as you can get to the Wild West these days. Data is taken from more than 100 sources and is formatted, standardized, structured and integrated to provide the greatest possible value to Reonomy clients, such as institutional and private investors, lenders, researchers, and valuation groups at brokerage firms. as well as more granular data like past regulatory violations, elevator conditions, boiler room situations, and the capital expenditure that’s been filed. In early March, Reonomy launched a beta to select institutional real estate investors, lenders and developers. With the new funding, the company plans to expand into new markets, develop for mobile, and build out the team.
Funding
Amount
$3.7M
Total raised
Date
March 18, 2014
Announcement date
Investors
Primary Venture Partners, Ozie Group LLC, SoftBank Capital, Resolute.vc, SoftBank Internet and Media, Inc., KEC Ventures
Lead investors
Company
http://www.reonomy.com
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
Commercial Real Estate Software
Data Analytics Software
SaaS
Linked Companies
Reonomy
$10M to $25M