PropTech
RCA raises $115M
Published on
Real Capital Analytics (RCA) has raised $115 million from Susquehanna Growth Equity (SGE), the company announced in a press release. The investment included Series B equity as well as debt.
Backdrop: The real estate data company launched in 2000, and is now valued at close to $220 million.
Worth Noting: As part of the deal, Daily Mail Group Trust sold its 40 percent stake in RCA valued at $89 million to SGE. The remaining $26 million will be used for investments in data firms overseas, primarily in Europe and Asia.
