Northspyre, a NYC-based cloud-based intelligence platform for real estate owners, developers and project management firms, raised $7.5m in Series A funding.
The round was led by David Sacks’ Craft Ventures, with participation from Tamarisc Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by William Sankey, CEO, Northspyre is a cloud-based intelligence platform that empowers real estate professionals to make proactive, data-driven decisions on development, capital and asset projects across real estate project types.
Created specifically to meet the needs of owners, developers, project management firms and internal real estate teams, Northspyre leverages automation, data analytics and proactive insights to achieve predictable outcomes and realize time and cost savings.
Since launching in 2017, the company has expanded into most major US markets, facilitated more than $13 billion worth of capital projects and served more than 35 customers.