What is Reonomy?
Founded in 2013 and based in New York City, Reonomy specializes in collecting, analyzing, and validating extensive property and market-level data. Its web-based interface delivers this information in an accessible format, serving a critical need for real estate professionals seeking comprehensive insights. The company's robust data infrastructure and continuous validation processes position it as a key player in the commercial real estate technology landscape, empowering informed decision-making for its clientele.
How much funding has Reonomy raised?
Reonomy has raised a total of $145.7M across 7 funding rounds:
Private Equity
$1M
Series A
$3.7M
Series B
$13M
Private Equity
$22M
Private Equity
$16M
Series C
$30M
Series D
$60M
Private Equity (2013): $1M, investors not publicly disclosed
Series A (2014): $3.7M led by Primary Venture Partners, FinTech Collective, Resolute Ventures, SoftBank Capital, and KEC Ventures
Series B (2014): $13M supported by Resolute Ventures, SoftBank Capital, KEC Ventures, Bain Capital, Primary Venture Partners, and FinTech Collective
Private Equity (2016): $22M featuring Softbank Capital and Bain Capital
Private Equity (2018): $16M backed by MMC Technology Ventures, Silicon Valley Bank, and Bain Capital
Series C (2018): $30M with participation from Bain Capital, Sapphire Ventures, and Softbank Capital
Series D (2019): $60M led by Wells Fargo, Georgian, Untitled Investments, and Citi Ventures
Key Investors in Reonomy
Wells Fargo
Wells Fargo is a leading U.S. financial services firm providing banking, lending, investment, and mortgage solutions. Known for its extensive branch network and diverse product offerings, the company maintains a significant market presence while navigating regulatory and reputational challenges in the evolving financial sector.
Georgian
Georgian Partners is a thesis-driven growth equity firm investing in business software companies leveraging applied artificial intelligence, trust and conversational AI. The company was founded in 2008 and is located in Toronto, Ontario.
Citi Ventures
Citiventures Group Inc is a company that operates in the Membership Organizations industry. It employs 5to9 people and has 1Mto5M of revenue. The company is headquartered in New Delhi, Nct, India.
What's next for Reonomy?
With substantial backing from strategic investors, Reonomy is poised for accelerated growth. The recent major strategic investment signals confidence in the company's business model and its capacity to innovate within the data solutions market. This capital will likely be deployed to enhance its data capabilities, expand its market reach, and potentially explore new verticals or service offerings. The company's trajectory suggests a focus on solidifying its leadership position and leveraging its data intelligence to drive value for its users in an increasingly data-dependent industry.
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