CrediFi, a source for data and analytics for commercial real estate finance, raised an additional $6m in funding.
The round was led by Liberty Technology Venture Capital II, joined by investors Mitsui Fudosan and Maverick Ventures Israel and existing investors Battery Ventures, Viola Ventures and crowdfunding site OurCrowd.
The company, which has raised $29m overall, intends to use the funds to expand its go-to-market efforts, as well as to recruit executive and team talent in New York and Israel.
Founded in 2014 and led by CEO Ely Razin, CrediFi is a SaaS (software as a service) big data platform serving the Commercial Real Estate Finance market. The company provides data and analytics driven by a database of over seven million commercial properties, including multi-family, office, retail, hotel and industrial assets. It tracks $13 trillion in both balance-sheet and securitized loans, focused on transparency in understanding borrowers, lenders and transactions, enabling real estate investment decisions.
Customers include American financial institutions and banks, property companies, hedge fund managers and US government agencies.
CrediFi currently has 65 employees and is dual headquartered in New York City and Tel Aviv.
It has just announced two new executives:
– Jeff Hendren as President, based in New York, and
– Amichai Levy as Vice President, Research & Development, based in Tel Aviv.