This summary is generated by an algorithm. If you find any mistakes, let us know.

Commercial Real Estate Home Services Property Management Real Estate SaaS Software Western Europe

Plentific Raises $100M in Series C Funding

– Plentific is a London, UK-based platform for smart property management.
– The company raised $100m in Series C funding.
– The round was led by new investors Highland Europe and Brookfield Technology Partners alongside Mubadala Investment Company (Mubadala) and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global.
– The new investment will be used to expand the company’s presence in the United States, and globally, and to accelerate its engineering and product development to increase digitalisation across the property and facilities management space.

Source
Business Intelligence Commercial Real Estate North America SaaS

Data analytics startup NavigatorCRE raises $17.2M for tech that aids commercial real estate industry

– Seattle-based NavigatorCRE, makers of a data analytics platform that serves the commercial real estate industry, has raised $17.2m in new funding.
– The company plans to use the funds to expand across North America and Western Europe and launch what it’s calling a Customer Advisory Council to help continue to shape the platform with insight from influential customers across commercial real estate asset classes.
– The Series A funding round was led by Atlanta-based Fulcrum Equity Partners and was joined by existing investors.
– Navigator has raised approximately $24m to date.

Source
Commercial Real Estate Finance Financial Services Marketplace North America Real Estate Real Estate Investment

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.

Source
Commercial Real Estate North America

Bowery Valuation Announces $35 Million Series B Funding, Fueling Rapid National Expansion

– Bowery Valuation announced $35m in Series B funding led by the Growth Equity business within Goldman Sachs with participation from Capital One Ventures and existing investors including Builders VC, Fika Ventures, Navitas Capital, Camber Creek, Nine Four Ventures, Greenspring Associates, and Alpaca VC.
– This investment brings Bowery’s total funding to $66m following the $20m in Series A venture funding it received in 2019.
– Since 2017, Bowery Valuation has been driven by a focus on disrupting every facet of the commercial appraisal process. As the first vertically integrated appraisal company, Bowery has reimagined the appraisal process by providing innovative, tech-driven, end-to-end software solutions for their team of on-staff appraisers.

Source
Commercial Real Estate FinTech North America Software

Blooma Raises $15 Million in Series A Funding Led by Canapi Ventures

– Blooma, the leading AI-powered digital underwriting platform for commercial real estate (CRE), announced the close of a $15 million Series A investment round.
Canapi Ventures led the round with participation from existing investor Nyca Partners.
– The Series A funding will be used to drive continued execution of Blooma’s product roadmap and support the hiring of key personnel to enable Blooma to better serve its quickly-growing base of commercial bank, private bank and broker customers in the CRE segment.
– Founded in 2018, Blooma brings together best-in-class technology and a seamless workflow to significantly improve loan origination and portfolio monitoring processes for operators in the CRE space.

Source
Commercial Insurance Commercial Real Estate North America Real Estate Real Estate Investment

Insurtech startup Obie raises $10.7M Series A led by Battery Ventures

– Obie, an insurtech platform for landlords, raised $10.7m in a Series A funding round led by Battery Ventures.
Thomvest Ventures, Funders Club, MetaProp and Second Century Ventures also participated in the financing.
– The company offers instant quotes (by instant, they mean in about three to five minutes).
– The company claims to save policyholders up to 25-30% compared to other insurance premiums.

Source
Blockchain Commercial Real Estate FinTech Marketplace North America Real Estate Real Estate Investment

AKRU gets Backing by SoCal Venture Fund Draper Gorn Holm

– AKRU announced the firm has been backed by Draper Goren Holm and added as its newest portfolio company.
– The SoCal Venture firm led by Tim Draper, Alon Goren, and Josef Holm, has invested an undisclosed amount in the real estate investing platform with goals to make the democratization of commercial real estate a nearby reality.
– “We’re so excited to welcome them into our family as Mohsin and his team have a proven track record of understanding the sector on an intimate level, making them well positioned to become the industry leader in real estate tokenization,” said Alon Goren, Founding Partner at Draper Goren Holm.

Source
Commercial Real Estate Enterprise Software Mobile Apps North America Real Estate

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.

Source
Architecture Commercial Real Estate Interior Design North America SaaS Software

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.

Source
Commercial Real Estate Finance North America Real Estate Real Estate Investment

Lev Raises $10M in Seed Funding

– Lev Raises $10M in Seed Funding
– The round was led by Pete Flint from NFX and included Caanan Partners, and JLL Spark, the strategic investment arm of commercial real estate services firm JLL.
– The new investment will be used to expand operations and business reach.

Source
Ad Network Business Intelligence Commercial Real Estate GPS Location Based Services Machine Learning North America Optical Communication Predictive Analytics SaaS Telecommunications

Connected2Fiber Raises $12M in Series B

– Connected2Fiber from Birmingham has secured $12m in Series B financing led by Harbert Growth Partners as well as current investors Ascent Venture Partners, Nauta Capital, and Osage Venture Partners.
– The company uses data science, artificial intelligence and predictive analytics in a cloud-based system that helps B2B telecom network suppliers identify their best customer prospects, and B2B network buyers identify their best suppliers.
– The platform enables users to visualize critical information internally, and to ensure network intelligence is exchanged securely to conform to the customers’ buying process.

Source
Commercial Real Estate Europe Hospitality Travel

Cosi raises €20M for its ‘full-stack’ approach to short-term rentals

– Berlin-based startup Cosi raised €20m funding.
– The round was led by Vienna-based Soravia, a leading real estate group in German-speaking countries.
– Existing investors Cherry Ventures, e.ventures, Kreos Capital and Bremke followed on, along with a number of individual investors.
– The company will use the fresh capital to accelerate international expansion in Europe, implement a new brand and launch a “new strategic business unit” soon.

Source
CleanTech Commercial Real Estate Electric Vehicle Energy Energy Storage Internet of Things North America Renewable Energy Software

Peak Power Inc. Closes Latest Funding Round with Investment from The Atmospheric Fund

– Toronto-based Peak Power (Peak) today announced that it has closed funding from The Atmospheric Fund (TAF), representing the fifth investor in Peak’s capital funding round.
– TAF will join Sensata Technologies, Export Development Canada (EDC), BDC Capital, and Hatch/Canadian Shield as a strategic investor in Peak.
– TAF brings to the round their focus on carbon emissions reduction, as they have a mandate to advance local solutions to climate change through high impact investments.
– Their contribution aligns with Peak’s commitment to decarbonize energy, the built environment, and mobility through enabling intelligent energy in smart cities.

Source
Architecture Commercial Real Estate Interior Design North America SaaS Software

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.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: