REscour, an Atlanta, GA-based commercial real estate data visualization and intelligence platform, closed a $1.3m seed funding round.
The round was led by Jason Calacanis’ Launch Fund and AngelList syndicate, and TechSquare Labs, with participation from Mosley Ventures, Tom Cousins’ Nonami Investments, President of ARA Blake Okland, and former CEO of AutoTrader.com Chip Perry. In conjunction with the funding, Allen Nance, partner at Tech Square Labs, will join the board of directors.
The company intends to use the capital to expand its engineering team, accelerate enterprise sales and increase awareness of the platform.
Led by Jake Edens, founder and CEO, and Chris Lexmond, CTO, REscour provides commercial real estate professionals like brokers, lenders, developers, investors and analysts with a platform to make better decisions about buying and selling properties via a system that brings dozens of siloed data sources into one unified environment and provides market insights through data mining and predictive analytics.