Serraview Secures Financing

Serraview, a Melbourne, Australia-based provider of software and business intelligence for the workspace, secured several million dollars in financing.

The round was led by US-based Tamarisc LLC, an impact oriented venture capital firm that focuses on real estate.

The financing supports the company’s 2015 plans for US market expansion.

Serraview provides organizations with a cloud-based SaaS (Software as a Service) platform to increase communication between business units about personnel placement and relocations through efficient utilization of existing and prospective real estate assets.
The company currently covers over 50 million square feet of office space, serving upwards of 350,000 workpoints, and is used by 10 of the top 20 largest companies in Australia, including each of the four largest banks, government departments, and industry leaders. Serraview has identified and saved over $100 million in recurring costs for customers in Australia.
In the next two quarters, Serraview will launch a full US expansion, working with market leaders in technology, finance, and industry to bring efficient space planning to Fortune 500 companies.

In connection with the expansion, Serraview has added Boston-based entrepreneur and lawyer Vilas S. Dhar to its Board of Directors.

FinSMEs

25/10/2014

Join the discussion