Honest Buildings, a NYC-based project management platform built for and backed by real estate owners, raised additional $3.5M in Series B funding.
Backers included QuadReal, a Vancouver-based global real estate investment, development, and management company, and Altus Group Limited, a provider of independent advisory services, software and data solutions to the global commercial real estate industry.
They joined existing Series B industry investors Brookfield Property Partners, Oxford Properties Group, The Durst Organization, DivcoWest Real Estate Investments, Rudin Ventures and C-III Capital Partners, Thrive Capital, Navitas Capital, Greensoil Building Innovation Fund, Bienville Capital Management, Riverpark Funds, The Westly Group, Rockport Capital, and Circle Ventures.
This brings the total Series B raise to $25m and total investment to date to $43m.
The company intends to use the funds to further expand across North America and beyond, to further grow its product and business development teams, and to explore new partnerships and integrations.
Led by Riggs Kubiak, founder and CEO, Honest Buildings provides a project management platform built for and backed by real estate owners including Brookfield, Oxford Properties, Beacon Capital Partners, Invesco, SL Green, The Durst Organization, Silverstein Properties, JBG Smith, Harvest Properties, Parkway Properties, and Rudin Management.