Revere Raises $5M in Funding

real estate

Revere, a New York-based capital markets network and deal marketplace for commercial real estate (“CRE”) brokers, developers, owners, lenders, and investors, raised $5M in funding.

The round was led by RET Ventures, with participation from Related Companies, Holland Partner Group, The Feil Organization, Driftwood Capital, Davis Development, Essence Development, Jamie Henderson, and Jeff Staubach.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Fred Krom, Revere provides access to thousands of dealmakers and allows equity, debt, and investment sales teams to manage their entire capital markets workflow, from sourcing to close, on one-simple and easy to navigate platform. There is no commission tied to any transaction facilitated on Revere. Members pay a flat monthly fee. Launched in May 2021, Revere is an invite-only, online marketplace for capital markets professionals looking to buy or sell a building, finance a project, and expand their network. The platform provides access to thousands of dealmakers and allows equity, debt, and investment sales teams to manage their entire capital markets workflow, from sourcing to close, on one-simple and easy to navigate platform. It has 500+ companies onboarded since launch and $1.0 billion of transactions slated for the first half of 2022.

FinSMEs

08/02/2022

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