Behind Our Series B: Creating Value Through Purpose-Built Tech for Owners

A few weeks ago we closed our Series B: a $30 million round of funding from an incredibly strategic group of partners. The investors included some of the real estate industry’s largest and most innovative commercial real estate owners alongside real estate focused venture capital funds. We raised this round to accelerate the creation of a new category of technology platform built specifically for owners who oversee the $10 trillion per year annual global construction spend. To do this we’ll continue to invest into expanding our world class team, and expand from facilitating $1 billion per month in project volume to tens of billions per month on the Honest Buildings platform.

We are incredibly excited and humbled to have Ric Clark, Chairman of Brookfield Properties, and Michael Turner, President of Oxford Properties, join our Board of Directors as part of this round. You can see the press release here, but I wanted to take this opportunity to talk about the broad change happening within the industry and how technology is unlocking hidden value for real estate owners.