Today, we’re excited to announce that we have raised $60M in Series D funding led by Georgian Partners, with participation from Wells Fargo Strategic Capital, Citi Ventures, and Untitled Investments. Existing investors, including Sapphire Ventures, Bain Capital, and Primary Venture Partners also continued their participation in this round.
The funding will reinforce Reonomy’s position as the leading source of property intelligence. It will enable us to further develop the most robust and comprehensive commercial real estate (CRE) data solutions available in the market, and ultimately connect the world of CRE by increasing transparency and access to property intelligence.
To date, Reonomy has raised $128 million in funding. We’ve come this far by changing how anyone can access, understand, and utilize property intelligence. We remain committed to making property intelligence accessible for everyone, from the individual investor, to the world’s largest enterprises. This means making it easier to discover new deals and make property-centric decisions.
Investments in our machine learning capabilities and platform-driven applications will accelerate our mission to connect the disparate data of commercial real estate, provide a common language to connect any dataset, and in turn, enhance decision making. Leveraging the Reonomy ID, standardized intelligence can be applied across industries to build applications, opening up the market understanding of properties, and the people and companies associated with those properties.
We’ve had a great year so far
2019 has been a big year beyond our fundraising. Check out some highlights:
Added Tenant data to our offerings
Enhanced ownership data and improved ownership portfolio machine learning algorithms that identify decision makers
Launched Reonomy for Teams as a new solution
Added Pre-foreclosure and Opportunity Zone search
Expanded from 50 employees to 101 employees!
With this round of funding, in addition to expanding our products and services, there’s a lot more to look forward to:
Expanding machine learning capabilities and platform-driven applications in an effort to continue developing the most robust and comprehensive CRE data solutions available
Continuing to build best-in-class solutions for banks and financial institutions
Enhancing proprietary applications with a focus on predictive analytics, portfolio analysis, and market insights
Improving our employee experience with a new office space and continued investment in learning and development for our team
And of course, we’ll be scaling the Reonomy team. If you’re excited by what we’re doing, please check out our open positions.
Thank you to our customers
Lastly, none of this success would be possible without our customers. It’s been amazing to see our diverse portfolio of clients grow alongside us and we appreciate your continued support and partnership.
Reonomy in the Press
Commercial Observer CRE Data Startup Reonomy Raises $60M Series D Round
The Real Deal Real estate data firm Reonomy hauls in $60M
Housing Wire Reonomy raises $60 million in Series D funding.
Mortgage Professional America Reonomy raises $60M towards CRE data dominance
Solar Power World Reonomy raises $60 million in funding