Unicorn Nest news
Lev Raises $30M in Series A Funding
– Lev is a NYC-based online commercial real estate financing transaction platform.
– The company raised 30m in Series A funding.
– The round was led by Greenspring, with participation from First American Title and existing investors, including NFX, Canaan Partners, JLL Spark, Animo Ventures and Ludlow Ventures.
– The new investment will be used to expand the team, in their New York City HQ, Miami R&D center and Los Angeles outpost, as well as through remote positions, invest in product development and extend its services.
Unicorn Nest news
JLL, Khosla lead Jones’ $12.5M Series A for real estate vendor compliance
– Jones, a commercial real estate startup, raised $12.5m in Series A funding.
– The round was led by JLL Spark and Khosla Ventures that also included strategic investors Camber Creek, Rudin Management, DivcoWest and Sage Realty.
– The company also manages certifications and approvals, moving the whole process online.
– Its technology can process an insurance certificate in less than an hour and reduce the overall vendor approval time to 2.5 days — from 12 days — with 99.9% accuracy.
Unicorn Nest news
Turntide Technologies Nabs $225M
Unicorn Nest news
OpenSpace Announces Series C Funding to Expand Automated Construction Progress Tracking and Accelerate International Expansion
– OpenSpace, the global leader in 360° construction photo documentation and analysis, recently announced a $55M Series C funding round, led by Alkeon Capital Management.
– The funding comes at an exciting time for the company, which also announced recently that it’s expanding access to the ClearSight Progress Tracking platform to its full customer base.
– Additional participants in the round include PSP Partners, GreenPoint Partners and New World Development, as well as returning investors Lux Capital, Menlo Ventures, JLL Spark, Navitas Capital and Zigg Capital.
– Over the past year, accelerated global adoption of digitization and remote work has fueled growth for OpenSpace, which has seen revenue triple, customer count increase by more than 150%, and customer site captures increase by more than 300% during that time.
Unicorn Nest news
HqO Raises $60M in Series C Funding
– HqO, a Boston, MA-based tenant experience operating system for commercial office buildings, raised $60M in Series C funding.
– Backers included previous investors Accomplice, Insight Partners, JLL Spark, Navitas Capital, DivcoWest, Allegion Ventures, and The Pagliuca Family Office and new investors PruVen Capital, Cushman & Wakefield, and Suffolk Capital.
– The company will use the funds to continue to scale, expand its existing presence in Boston, New York City, London, and Paris, as well as open new offices in Toronto and the Midwest and West Coast regions of the United States.
Unicorn Nest news
Saltmine Raises $20 Million in Series A Funding to Transform Enterprise Workplace Management
– Saltmine raises $20m in Series A funding.
– The round was led by JLL Spark and includes participation from the company’s executive leadership, Jungle Ventures and Xplorer Capital.
– JLL has entered into an agreement to sell Saltmine’s software directly to its customers, creating a powerful distribution channel for Saltmine’s innovative platform.
– Saltmine is the leading end-to-end digital workplace platform helping the world’s largest corporations seamlessly optimize their office space.
– The COVID-19 pandemic has caused office closures worldwide, and permanently changed the employee-workplace relationship. This has resulted in entirely new and unprecedented levels of complexity and created an urgency for companies to optimize their tailored portfolios for this new normal.
– Saltmine’s corporate clients include PG&E, Snowflake and Workday, among other leading firms.
Unicorn Nest news
Lev Raises $10M in Seed Funding
Unicorn Nest news
Saltmine raises $20 million to automate office space design
– Commercial office space planning startup Saltmine today announced that it raised $20 million and formed a strategic partnership with real estate firm JLL.
– Saltmine, whose customers include Snowflake, Fidelity, and Workday, says it plans to put the funding toward advancing its platform and expanding its global workforce.
– The shift to working from home and financial headwinds have companies reevaluating the need for physical office space.
– Even before the pandemic, U.S. Commercial Real Estate Services estimated unused commercial property in the U.S. is worth about $1 trillion.
– In August, Capital Markets reported that direct commercial sales of real estate fell 29% globally to $321 billion in the first six months of 2020 year-over-year.