CrediFi Corp., a New York City- and Tel Aviv, Israel-based platform for data and analytics for commercial real estate finance, raised in $13m Series B funding.
The round was led by Liberty Interactive’s Liberty Israel Venture Fund, with participation from 31 Ventures Global Innovation Fund, a CVC fund managed by Global Brain for Mitsui Fudosan, and existing investors Battery Ventures, Carmel Ventures, OurCrowd and Stax. In conjunction with the funding, who led the investment for Liberty Interactive’s Liberty Israel Venture Fund, will join CrediFi’s board of directors.
The company, which has raised $23 million to date in 2014, intends to use the funds to accelerate growth, including the expansion of its sales and marketing organization as well as a major upcoming product launch.
Led by CEO Ely Razin, CrediFi provides cloud-based data services that enable visibility into both the opportunities and risks in Commercial Real Estate (CRE) finance markets, from multifamily to offices, and from distribution centers to senior housing.
Leveraging both technology and human expertise, the company’s platform collects and analyzes data (including loan origination, portfolio management, and competitive analysis) that educates key decision makers, to make informed decisions. To this end, CrediFi has also developed visualization technologies to map lending and property activity and launched services to provide vital ultimate ownership information.
Current clients include premier asset holders, hedge funds, large scale institutional banks, and others.
CrediFi currently has 75 employees.