Shakeup: Data firm Credifi lays off almost a quarter of its employees, president departs

Commercial real estate data firm Credifi has laid off almost a quarter of its staff, and its president left last month, according to multiple sources.

The shakeup comes just months after the Tel Aviv-based analytics startup completed a $6 million funding round at the start of the year. Sources said it had failed to attract clients from the financial industry, precipitating the departures.