Honest Buildings, a NYC-based provider of a project management technology platform built for real estate owners and operators, raised $13m in Series B funding.
Backers included global real estate firm Brookfield Property Partners, Rudin Management, C-III Capital Partners, as well as venture capital firms Navitas Capital, Greensoil Building Innovation Fund, Bienville Capital Management and Riverpark Funds and previous investors The Westly Group, Rockport Capital, Circle Ventures and Thrive Capital.
The company will use the funds to continue to expand operations.
Riggs Kubiak, CEO and Co-founder, Honest Buildings provides a project management platform for owners and operators for capital and construction projects. Industry leaders like Brookfield, Beacon Capital Partners, Invesco, JBG Smith, SL Green, Parkway Properties and Rudin Management utilize the software to streamline project management processes, increase revenue through fast project delivery, reduce project costs and make data-driven decisions on projects portfolio-wide.
Real estate owners, operators and managers use Honest Buildings to manage billions of dollars in total project value through centralizing project data, increasing transparency, automating bid management, and standardizing reporting.