What is Occupier?
Founded in 2018 and based in New York City, Occupier offers a comprehensive suite of software solutions designed to streamline lease administration, lease accounting, and real estate transactions for tenants. The company operates within the burgeoning PropTech (Property Technology) market, aiming to enhance efficiency and transparency in commercial real estate management through its innovative platform.
How much funding has Occupier raised?
Occupier has raised a total of $16.9M across 3 funding rounds:
Other Financing Round
$1.4M
Angel/Seed
$5M
Series A
$10.5M
Other Financing Round (2019): $1.4M, investors not publicly disclosed
Angel/Seed (2021): $5M led by Thomson Reuters Ventures, Second Century Ventures, MetaProp, and Alate Partners
Series A (2022): $10.5M supported by Stage 2 Capital and OMERS Ventures
Key Investors in Occupier
MetaProp
MetaProp is a New York-based venture capital firm focused on the real estate technology ("PropTech") industry. Founded in 2015, MetaProp's investment team has invested in 130+ technology companies across the real estate value chain. The firm manages multiple funds for both financial and strategic real estate investors that represent a pilot- and test-ready sandbox of 15+ billion square feet across every real estate asset type and global market. The firm's investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events NYC Real Estate Tech Week and Propel by MIPIM NYC, and publications Global PropTech Confidence Index and PropTech 101.
Alate Partners
Alate Partners is an early-stage venture capital fund that empowers entrepreneurs rethinking real estate through investments in innovative technology. They focus on supporting courageous founders and transformational solutions that aim to improve the built environment. With a strong network of influential real estate partners and extensive domain expertise, Alate provides not only capital but also hands-on collaboration and strategic introductions to help their portfolio companies succeed. Their clients include startups like Uniti, Ownright, and myVentures, which are revolutionizing various aspects of the real estate industry.
Stage 2 Capital
Stage 2 Capital is a venture capital fund led by over 800 go-to-market experts, focusing on investing in B2B software companies across various sectors including Fintech, Artificial Intelligence, and Marketplaces. The firm employs a unique investment model that combines traditional VC experience with operational expertise from seasoned executives to support portfolio companies in scaling their revenue. Their community of limited partners actively engages with startups, often taking on roles as executives or advisors to help achieve product-market fit. Stage 2 Capital utilizes scientific methodologies to provide data-driven frameworks that assist founders in building sustainable revenue streams.
What's next for Occupier?
The substantial capital infusion, particularly the recent Series A financing, positions Occupier for accelerated growth and market expansion. This strategic backing will likely fuel further development of its software solutions, enhance its go-to-market strategies, and potentially facilitate acquisitions or partnerships to solidify its competitive advantage. The company's focus on critical aspects of tenant operations suggests a strategic move to capture a larger share of the enterprise real estate software market.
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