Leasecake, an Orlando, Fla.-based commercial real estate operating system for location management, raised $3m in seed funding.
The round was led by Las Olas Venture Capital with participation from strategic venture capital firms and investors in New York City, Chicago, Denver, and San Francisco.
The company intends to use the funds to accelerate product development and business development.
Led by Taj Adhav, CEO and co-founder, Leasecake provides a SaaS based commercial real estate operating system for parties on all sides of a lease transaction, with the primary focus on multi-unit tenants and their tenant-rep brokers. The software provides proactive notifications for all mission-critical, time-sensitive events, and simplifies collaboration across distributed teams.