What is VTS?
Founded by seasoned real estate professionals, VTS offers an intuitive platform designed to streamline operations for landlords and brokers in the commercial real estate market. The company's mission is to serve as the modern operating system for commercial real estate, transforming data into actionable insights and facilitating deal closures. VTS is committed to enhancing the daily workflows of its users through continuous technological advancement and a user-centric approach.
How much funding has VTS raised?
VTS has raised a total of $524.6M across 11 funding rounds:
Other Financing Round
$1M
Angel/Seed
$2.1M
Series A
$6.5M
Private Equity
$3.3M
Series B
$21M
Series C
$55M
Series D
$90M
Private Equity
$70M
Debt
$150M
Series E
$125M
Other Financing Round (2013): $1M led by 500.com
Angel/Seed (2013): $2.1M supported by RRE Ventures, Joe Lonsdale, Aaron Levie, Thrive Capital, Brad Silverberg, Bessemer Venture Partners, BoxGroup, Jason Tan, Red Swan Ventures, Brandon Shorenstein, and Gary Vaynerchuk
Series A (2014): $6.5M featuring Red Swan Ventures, Bessemer Venture Partners, Lee Linden, RRE Ventures, Brandon Shorenstein, Thrive Capital, and David Tisch
Private Equity (2015): $3.3M backed by Blackstone
Series B (2015): $21M with participation from OpenView Venture Partners and Trinity Partners
Series C (2016): $55M led by Trinity Ventures, Insight Venture Partners, and OpenView
Series D (2019): $90M supported by Fifth Wall and Brookfield Properties Retail
Private Equity (2021): $70M featuring LLR
Debt (2022): $150M backed by CIBC Innovation Banking
Series E (2022): $125M with participation from CBRE, Bessemer Trust, Insight Partners, and Brookfield Waukesha Ventures
Key Investors in VTS
CBRE
CBRE is a global leader in commercial real estate services and investment, providing strategic advice and execution for property transactions, leasing, and management. Their investment in VTS highlights a focus on the integration of technology within the real estate sector.
Bessemer Trust
Bessemer Trust is a prominent wealth management firm specializing in investment advice, with a history dating back to 1907. Their participation suggests confidence in VTS's long-term value proposition and market strategy.
Insight Partners
Insight Partners is a global venture capital and private equity firm focused on scaling software companies. Their involvement indicates a strategic interest in VTS's technology platform and its potential for rapid growth within the enterprise software market.
What's next for VTS?
The recent major strategic investment signals a new phase of growth for VTS, likely enabling the company to accelerate its product development, expand its market reach, and potentially pursue strategic acquisitions. With a strong foundation built on addressing the core challenges of the commercial real estate industry, VTS is well-positioned to further solidify its leadership in the proptech space. Future initiatives may focus on enhancing data analytics capabilities, integrating AI-driven solutions, and expanding its global footprint.
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