Reonomy raises $60 million in Series D funding

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're building a platform that connects the world of property information and empowers a new era of applications to unlock insights and opportunities for everyone. This investment will further strengthen our ability to drive innovation around property intelligence.

Richard Sarkis

Founder & Executive Chairman

We’ve had a great year so far

2019 has been a big year beyond our fundraising. Check out some highlights:

• Established partnerships with CBRE and data providers CoreLogic, Black Knight, and Dun & Bradstreet

• 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!

Looking ahead

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.