CrediFi Corp., the leading source for data and analytics for commercial real estate finance, closed its Series B funding round of $13 million. The company received significant strategic investment, as the round was led by Liberty Interactive’s Liberty Israel Venture Fund, and joined by 31 VENTURES Global Innovation Fund, a CVC fund managed by Global Brain for Mitsui Fudosan, Japan’s leading real estate developer, along with substantial participation from existing investors Battery Ventures, Carmel Ventures, OurCrowd and Stax.
Commercial Real Estate finance markets will continue to experience substantial changes in 2017, requiring new solutions for both deal origination and risk oversight. CrediFi’s cloud-based data services enable visibility into both the opportunities and risks in CRE finance markets. Leveraging the best of both technology and human expertise, CrediFi collects and analyzes data that educates key decision makers, empowering them to make smarter and more profitable decisions.
“Step one to improving this vast, $15 trillion market is to create transparency in understanding borrowers, lenders and commercial properties on an ongoing basis,” CrediFi CEO Ely Razin said in a statement. “We’ve proven we can. The next step is to arm brokers, lenders, and borrowers with a next generation of tools to help them even further.”
The CrediFi data platform covers $13 trillion in CRE debt in the U.S., and uniquely combines both securitized and non-securitized loans. These relate to 2.3 million properties, in all 50 states, across the full spectrum of CRE asset classes, from multifamily to offices, and from distribution centers to senior housing. Loan origination, portfolio management, and competitive analysis, are available in one place, enabling market players to lend more intelligently and invest more strategically. Current clients include premier asset holders, hedge funds, large scale institutional banks, and others.
To read the full release, visit HERE.