Reonomy, a New York City-based startup and a provider of property intelligence, has secured $60 million in Series D funding to expand its machine learning capabilities and platform-driven applications. The round was led by Georgian Partners, with participation from Wells Fargo Strategic Capital, Citi Ventures, and Untitled Investments. They were join existing investors, Sapphire Ventures, Bain Capital, and Primary Venture Partners. To date, Reonomy has raised $128 million in its push to become the primary source of data and analytics for commercial real estate (CRE).
The new funding comes on the heels of $46 million raised in 2018, as well as new preferred data partnerships announced with leading data providers; CoreLogic, Black Knight and Dun & Bradstreet. The platform’s information consists of more than 50 million properties, 80 million companies, 300 million people, 38 million mortgages, and 68 million property sales.Read Complete Article