JLL, Khosla lead Jones’ $12.5M Series A for real estate vendor compliance

20 Jul, 2021

JLL, Khosla lead Jones’ $12.5M Series A for real estate vendor compliance
Photo by Ryan Young on Unsplash

– 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.

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