Fresh from raising $16M in a funding round earlier this year, PropTech startup Reonomy has announced it has formed data partnerships with WeWork, Cushman & Wakefield and Avison Young.
The New York City company provides property data and proprietary analytics. It now has more than 20 data partners, including brokerages like Newmark Knight Frank, as well as occupiers, institutional investors and hedge funds, it said in a release.
“For years, sophisticated CRE firms have been trying to cleanse their data and stitch together property details across multiple data schema,” Reonomy co-founder and CEO Richard Sarkis said. “Our entity resolution API streamlines that process for them, and sets them up with an enterprise-wide solution to improve CRE data management.”
Reonomy was formed by Sarkis and Charlie Oshman in 2013 and has since raised $38.4M with funding from investors like SoftBank, WeWork's lead investor, and debt investor Silicon Valley Bank.