San Francisco-based PropTech firm Waypoint is expanding to New York City, establishing a new office in that city to handle its East Coast operations.
The move comes on the heels of strong growth for the company, which offers a financial performance analytics and management platform for commercial real estate. In 2018, Waypoint brought thousands of new buildings onto the platform, growing total recurring revenue by 350%, CEO Diane Vrkic said. The company analyzes more than $300B in assets under management on the platform.