CRE Tech Sector Attracting VC Money

CRE Tech.JPG

It’s a very exciting time in the RE tech world! Commercial real estate tech sector picking up momentum and attracting financial backing from venture capitalist. Many of the companies are focused on offering more transparency to the CRE market data. From sharing comparables data to offering mobile tools to make it easier to find space for lease.  Video continues to break new ground as more start-ups emerge for creating property videos to 3D virtual space planning. 

Honest buildings received $5.5 million to expand their online network
42Floors raises over $12 million in Series B Financing
Compstak backers invested $4.45 million in Series A Financing
Storefront recently got $1.6 million to expand its ‘pop-up shop’ marketplace rentals
View the Space has raised over $650,000 in investments

 

Source: Sperry Van Ness|RealSite Commercial Group