Honest Buildings Secures $4M in Series A-1 Financing
Honest Buildings, a New York City-based online marketplace and business development engine for building professionals, secured $4m in Series A-1 financing.
The round was led by Thrive Capital, with participation from Westly Group and RockPort Capital. In conjunction with the funding, Jared Kushner, CEO of Kushner Companies, joined Honest Buildings’ board on behalf of Thrive.
The company intends to use the funds to further strengthen its service offerings.
Led by Riggs Kubiak (read my recent interview with him here), Honest Buildings operates HB Match, an online platform that connects building owners with qualified building professionals. It allows building professionals (including architects, engineers, contractors and brokerage firms) to create free, online portfolios of their work and building owners to compare, vet and select the best based on their specific requirements of projects.
Real estate companies whose project requirements have been serviced by Honest Buildings include Time Equities, Cushman & Wakefield, Vornado Realty Trust, Sitt Asset Management, Madison International Realty, among others.
The company also operates HB Platform, which provides interactive web platforms with a variety of building-related initiatives for governments, utilities and other organizations. To date, the states of New York and Connecticut, as well as Washington, D.C., and the Department of Energy, have leveraged the service.
24/06/2013: Honest Buildings Raises $5.5M in Series A Financing