TenantBase, Inc., a Santa Monica, CA-based technology-enabled commercial real estate brokerage company, raised a $10.7m funding round.
The round was led by Stonecutter TenantBase Investors LLC, an affiliate of New York-based Stonecutter Capital, and included follow-on investments from existing investors.
The company intends to use the funds to hire more engineering talent and continue building their team of market leading brokers.
Founded in 2014 by Bennett Washabaugh, CEO, TenantBase provides a tech-enabled brokerage platform to simplify the process of finding and leasing office space for small to mid-size businesses. The company built its platform to combine proprietary client-facing technology, internal broker tools, and hands-on local brokerage services.
TenantBase has additional brokerage offices in Atlanta, Dallas, Nashville, and Newport Beach, CA.