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How Much Did Alasco Raise?
Funding & Key Investors

Alasco, a prominent player in the PropTech sector, has recently secured a major strategic investment, underscoring its significant growth trajectory. This latest capital infusion, amounting to $40M, follows a substantial prior funding round, contributing to a cumulative total of $48.5M raised by the company. The context of this enterprise-level funding suggests Alasco is poised for significant scaling and market expansion.

What is Alasco?

Alasco
SoftwareFinancial Software

Alasco is revolutionizing the real estate industry with its Real Estate Success Software, a cloud-based SaaS platform designed to integrate ESG and financial data. The software provides real-time insights, automating financial and sustainability decision-making for its clients. By connecting diverse data sources such as budgets, actual costs, revenues, and ESG criteria, Alasco empowers businesses with cutting-edge technology for informed strategic choices. The company has already garnered traction with industry leaders like Hines, SORAVIA, and Garbe, highlighting the platform's intuitive interface and its critical focus on sustainability within the real estate market.

How much funding has Alasco raised?

Alasco has raised a total of $48.5M across 2 funding rounds:

2020

Series A

$8.5M

2022

Series B

$40M

Series A (2020): $8.5M with participation from Global Founders Capital

Series B (2022): $40M led by Lightrock

Key Investors in Alasco

Lightrock

Lightrock is a global sustainable investment platform managing over $5.5 billion in assets, focusing on purpose-driven businesses that address significant global challenges. They invest in technology-driven growth-stage companies committed to impact and returns.

Global Founders Capital

Global Founders Capital is a global early-stage investor backing gifted entrepreneurs from pre-seed to IPO, with a focus on category-defining ventures and providing operational support.

What's next for Alasco?

With the recent major strategic investment, Alasco is well-positioned to accelerate its product development and expand its market reach. The substantial enterprise-level funding indicates a strong investor confidence in the company's innovative SaaS solution for ESG and financial data management in real estate. Future growth is likely to involve enhancing its technological capabilities, broadening its customer base among leading real estate firms, and further solidifying its position as a transformative force in driving sustainability and financial efficiency within the sector.

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Frequently Asked Questions Regarding Alasco Financial Insights

What are the most recent funding rounds that Alasco has completed, and what were the funding rounds?
Alasco has recently completed 2 funding rounds: Series B on Jan 11, 2022, Series A on Jul 10, 2020. What is the total amount of funding Alasco has raised to date?
Alasco has raised a total of $48.5M in funding to date. How many funding rounds has Alasco completed?
Alasco has completed 2 funding rounds. How much funding did Alasco raise in its most recent funding round?
Alasco raised $40M in its most recent funding round. Who are the lead investors in Alasco's latest funding round?
The lead investor in Alasco's latest funding round was Lightrock. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in Alasco's history?
The largest funding round in Alasco's history was $40M.
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