Seattle-based NavigatorCRE, a manufacturer of data analysis platforms that provide services for the commercial real estate industry, the startup announced on Tuesday that it has raised $17.2 million in new funding.
The company plans to use the funds to expand in North America and Western Europe and launch a so-called customer advisory committee to help continue to use insights from influential customers in the commercial real estate asset class to shape the platform.
“We see that for owners and operators, there is a huge gap in the CRE industry, and it is impossible to integrate investment portfolio, leasing, acquisition, underwriting, debt, finance, aging accounts receivable and market data sets into a harmonious In the data visualization experience,” co-founder and CEO Taylor odgard Said in the press release.
Odegard worked for CBRE, a commercial real estate services and investment company for five years, and founded NavigatorCRE with him in 2014 Lars Johnson, He worked at CB Richard Ellis for 21 years, Brett HazelHe has worked at CBRE for 36 years.
The A round of financing was led by Atlanta-based Fulcrum Equity Partners, with existing investors also participating. To date, Navigator has raised approximately $24 million.
Navigator has nearly 40 employees and offices in Seattle, Los Angeles and Dallas.