SquareFoot, a tech startup that helps companies looking for their next office, has raised $16 million Series B funding round to modernize commercial real estate. The round was led by DRW VC. Existing investors, including Triangle Peak Partners, RRE, Rosecliff, and senior real estate executives, also joined the round. The investment brings the SquareFoot’s total funding to more than $29 million.
Founded in 2011 by Aron Susman, Jonathan Wasserstrum, and Justin Lee, SquareFoot solves some of the problems plaguing companies that are looking for their next (and next) office. Growing companies require flexible lease options, a stress-free process, and transparency throughout the leasing journey. SquareFoot provides a seamless experience supported by easy-to-use technology and a highly responsive team of real estate professionals working to match specific client needs with a strong knowledge of what the market has to offer at any given moment.Read Complete Article