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Reonomy raises $60 million Series D

Founder Richard Sarkis (Credit: Forbes)

Reonomy has raised $60 million in a Series D round led by Georgian Partners. This brings the total money raised to $128 million to date. Wells Fargo Strategic Capital, Citi Ventures, Untitled Investments, and previous investors Sapphire Ventures, Bain Capital and Primary Venture Partners also joined the round.

  • How it works: The data company gives users access to information about commercial properties. Data includes building info, lot dimensions, mortgages, and other pertinent information. Reonomy now boasts a database covering some 50 million properties, accounting for some 99% of the commercial inventory in the country.
  • Worth Noting: Reonomy’s unique identifier, the Reonomy ID, lets real estate companies map their data to a single source. With the ID as key, companies can resolve internal data inconsistency and connect their internal systems to any external data, no matter the structure. By cleansing the data, resolving inconsistencies and connecting external data, brokers and landlords are empowered to make decisions predicated on accurate information. 
  • Clients include… Newmark Knight Frank, CBRE, WeWork, Red Apple Group, Knotel, B6, Avison Young and Meridian. 
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