brandonlin
February 16, 2022
Northspyre, a project management platform for building owners and developers, raised $25 million in Series B funding.
Real estate owners manage hundreds of relationships with vendors, investors and others through the pre-construction and construction phases of projects, and typically have relied on spreadsheets to budget and deliver on schedule.
News Archives | Page 144 of 1011 | CREtech
Northspyre, a project management platform for building owners and developers, raised $25 million in Series B funding.
Real estate owners manage hundreds of relationships with vendors, investors and others through the pre-construction and construction phases of projects, and typically have relied on spreadsheets to budget and deliver on schedule.
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Northspyre, a financial tracking and project delivery automation platform for real estate developers, has reportedly acquired $25 million via a Series B round to further grow its business and expand its solution “to improve the development process within the multi-trillion dollar commercial real estate industry.”
Homebound started out to help people rebuild after their houses were destroyed by California wildfires in 2018.
But over time, the company realized that its digital general contracting and “personalized” homebuilding services could be applied to non-disaster use cases as well — especially in regions where there is a major shortage of inventory.
Fund managers APG and Ivanhoe Cambridge have become the latest global investors to commit capital to Taronga Ventures’ flagship property technology vehicle.
Netherlands-based APG, which manages investments on behalf of Dutch pension funds, made its first proptech investment in Asia Pacific with its contribution to RealTech Ventures I, Taronga announced this week. Quebec pension fund manager I...