8 SaaS Startups in the Commercial Real Estate Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the Commercial Real Estate industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 8 VC funded SaaS startups in the Commercial Real Estate industry.

Bowery Valuation

Bowery provides its appraisers with a mobile application and cloud-based commercial appraisal writing software that enables them to produce entire appraisal reports more than twice as quickly as its top rivals. Its robust backend database and natural language generation boost productivity, quality, and consistency throughout the whole company, enabling appraisers to write more consistent reports more quickly and inexpensively. Bowery, situated in New York City, was founded in 2015.

Company details:
Founders:
Cesar Devers, John Meadows, Noah Isaacs
Founded:
2015
Based in:
New York, New York, United States
Industries:
Commercial Real Estate, Real Estate, SaaS, Software
Latest funding:
$35,000,000
Series B
28 June 2021
Total funding:
$61,750,000
Investors
Cushman & Wakefield, The Lightstone Group, Builders VC, Goldman Sachs Asset Management, MetaProp

NavigatorCRE

In order to speed up data-driven decision making at the executive level, NavigatorCRE, a proprietary business intelligence platform, assists Commercial Real Estate customers in integrating and visualizing all forms of data, independent of format or source. Some of the biggest owners, operators, and occupiers of real estate in the world use the NavigatorCRE platform, which is asset- and persona-type independent.

Company details:
Founders:
Brett Hartzell, Russ Johnson, Russ Johnson, Taylor Odegard
Founded:
2015
Based in:
Seattle, Washington, United States
Website:
NavigatorCRE
Industries:
Business Intelligence, Commercial Real Estate, SaaS
Latest funding:
$17,200,000
Series A
3 August 2021
Total funding:
$18,700,000
Investors
Puget Sound Venture Club, Quiet Capital, Fulcrum Equity Partners, TMD Ventures

Pivotal Analytics

Pivotal is Business Intelligence for Healthcare Growth. Improving Healthcare Investment Decisions with Amplified Data, Powerful Analytics, and Actionable Insights.

Company details:
Founders:
Carl Davis, Fady Barmada
Founded:
2016
Based in:
Pittsburgh, Pennsylvania, United States
Industries:
Analytics, Commercial Real Estate, Health Care, Information Technology, SaaS, Software
Latest funding:
$10,200,000
Series A
7 October 2021
Total funding:
$13,900,000
Investors
Blue Jay Ventures, Peter Silvester, Ed Brownley

Saltmine

No matter what the future holds, Saltmine's enterprise workplace platform enables businesses to design places where staff members want to work. The workplace is more dynamic, responsive, and adapted to changing employee demands and corporate objectives thanks to our cutting-edge technology. A workplace planning, design, and optimization tool called Saltmine improves cross-team cooperation, fosters a positive employee experience, and lowers the costs of design and real estate projects. Saltmine, a San Francisco-based company founded in 2017 by Shagufta Anurag, supports corporate office activities for clients including PG&E, Nike, Snowflake, and Workday as it moves closer to being the next operating system for the workplace.

Company details:
Founders:
Shagufta Anurag
Founded:
2017
Based in:
San Francisco, California, United States
Website:
Saltmine
Industries:
Architecture, Commercial Real Estate, Interior Design, SaaS, Software
Latest funding:
$20,000,000
Series A
23 February 2021
Total funding:
$20,000,000
Investors
Jungle Ventures, JLL Spark, Xplorer Capital

Sharry

The smart access platform Sharry is designed for A-class office buildings. To give renters the best-in-class building experience, it blends smart access—including mobile entry, dynamic parking, and elevator control—with a visitor management system and tenant interaction features. For managers, Sharry makes administration simpler and aids in both retaining current renters and luring new ones. In the Post-COVID property design and hybrid work style, the touch-free solution, flexible operation tools, and building data insights acquire a new relevance. Sharry's goal is to transform any structure into a high-end service.

Company details:
Founders:
Jakub Řezníček, Josef Šachta, Michal Čeřovský, Vladimír Cibulka
Founded:
2015
Based in:
Prague, Hlavni mesto Praha, Czech Republic
Website:
Sharry
Industries:
Asset Management, Commercial Real Estate, Enterprise Applications, Enterprise Software, Mobile Apps, Property Management, Real Estate, SaaS, Smart Building, Software
Latest funding:
$3,397,050
Seed
24 January 2022
Total funding:
$3,397,051
Investors
Presto Ventures, J&T Ventures

Spaceflow

A tenant experience platform called Spaceflow enables building owners to offer a tech-enabled tenant satisfaction service and automate time-consuming, repetitive tasks. The all-in-one system links building occupants to amenities, services, and community life through smart building features. There are 18 markets where Spaceflow is active, including those in the US, UK, DACH, Benelux, and Scandinavia.

Company details:
Founders:
Lukas Balik
Founded:
2016
Based in:
New York, New York, United States
Website:
Spaceflow
Industries:
Apps, Commercial Real Estate, Digital Marketing, Information Services, Information Technology, Property Management, Real Estate, SaaS, Software
Latest funding:
$8,547,273
Series A
23 May 2022
Total funding:
$10,977,273
Investors
Day One Capital, Credo Ventures, UP 271, Hydda

Valcre

Valcre is a software company providing an innovative appraisal platform for the commercial real estate industry. The SaaS platform is integrated into custom reporting to give firms of all sizes industry leading software to provide job and client management, comparable data storage, and efficient commercial real estate appraisal templates. We built the best appraisal technology platform so appraisers can focus on they do best, analysis of commercial real estate.

Company details:
Founders:
Kris Owens, Lucas Rotter
Founded:
2016
Based in:
San Diego, California, United States
Website:
Valcre
Industries:
Commercial Real Estate, SaaS, Software
Latest funding:
$12,700,000
Series A
15 November 2022
Total funding:
$12,700,000
Investors
Second Century Ventures, Avenue Growth Partners

VU.CITY

Until now they have relied on physical models and CGIs to help visualise the future. Now VU.CITY has created the largest and most accurate truly interactive digital city model, continuously updated to provide a revolutionary tool for architects, developers, advisors and the public sector. VU.CITY saves time and money for anyone involved in planning or development and is directly leading to better decision making. It is already being used by local government, public bodies, architects, land owners, developers and property agents. Using game engine technology, users can import their own 3D model into VU.CITY to immediately place their proposals in context and test their visual impact, scale and massing.

Company details:
Founders:
Gordon Ingram, Jason Hawthorne
Founded:
2015
Based in:
London, England, United Kingdom
Website:
VU.CITY
Industries:
Commercial Real Estate, Property Development, Property Management, Real Estate, SaaS, Smart Cities
Latest funding:
$7,077,992
Series A
1 June 2021
Total funding:
$11,096,913
Investors
Grosvenor Hill Ventures, Ramboll

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