For the landlords and brokers working in the CRE sector, fragmentation in respect to information is still a problem, like in most traditional industries that haven’t fully subscribed to technological advancement. VTS, a leader in leasing and asset management space provides a streamlined workflow, market intelligence, portfolio analytics, and real time tracking of deals. They just raised the largest round in the history of commercial real estate technology.
Today, we sit down with CEO and Founder Nick Romito to discuss this mega round, where the real estate tech market is going, and where VTS fits in.
Who were your investors and how much did you raise?
Our series C funding round was led by Insight Venture Partners with support from previous investors, OpenView and Trinity Ventures. We raised a total of $55 million, which is the largest venture funding round in the history of commercial real estate technology. To date, we’ve raised a total of $84 million.
Tell us about your product or service.
VTS is a commercial leasing and asset management platform built specifically for landlords and brokers.
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