What is Square Foot?
Founded in 2011 and headquartered in New York, New York, Square Foot operates as a commercial real estate technology firm. It offers a dual service model, providing both an online platform for real estate search and comprehensive concierge services. This blend of technology and personalized support aims to streamline the often complex process of finding commercial property, positioning Square Foot as a key player in PropTech.
How much funding has Square Foot raised?
Square Foot has raised a total of $23M across 2 funding rounds:
Series A
$7M
Series B
$16M
Series A (2018): $7M with participation from Rosecliff Capital Advisors
Series B (2019): $16M led by DRW VC, Triangle Peak Partners, Rosecliff, and RRE
Key Investors in Square Foot
Triangle Peak Partners
Triangle Peak Partners is a multi-strategy asset management firm specializing in growth stage investments in technology, clean tech, and energy sectors. The firm manages a diverse portfolio that includes companies in financial search engines, crowdsourced bug bounty platforms, and residential solar power, among others. Their intended clients are investors seeking opportunities in innovative and sustainable technologies. With a team of experienced professionals, Triangle Peak Partners aims to drive growth and value in its investments.
RRE
RRE Digital Agency is a company that operates in the Multimedia & Graphic Design industry. It employs 20to49 people and has 5Mto10M of revenue. The company is headquartered in Singapore, Central Singapore, Singapore.
Rosecliff Capital Advisors
Rosecliff Capital offers financial guidance and investment services aimed at helping clients achieve their financial goals. The company focuses on providing tailored investment strategies to meet the unique needs of its clients. With a commitment to personalized service, Rosecliff Capital seeks to empower individuals and businesses in their financial decision-making. Their target clients include both individual investors and businesses looking for expert financial advice.
What's next for Square Foot?
The recent major strategic investment signals a new phase of expansion for Square Foot. This capital infusion is likely to fuel further development of its technology platform, enhance its service offerings, and potentially broaden its market reach. As a company that has already achieved significant enterprise-level funding, Square Foot is poised to leverage this latest backing to solidify its competitive advantage and drive innovation within the commercial real estate technology landscape.
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