Occupier raises $10.5 million to become the operating system for corporate real estate teams after experiencing 200 percent+ ARR growth
- ByStartupStory | February 10, 2022
Companies are dealing with a variety of real estate challenges as a result of the COVID-19 epidemic, which has compelled many employees to work from home, exposing empty space all across the world.
Although there is no scarcity of technologies available to landlords, commercial real estate renters and brokers have fewer alternatives.
Then there’s Occupier. Lease management software for commercial real estate renters and brokers has been created by the New York-based firm. Given how many companies are having to make difficult decisions about how to use their space while the epidemic continues, this is very important. The organization’s initial concentration was on offices as an asset class, but it has now extended to encompass any company with a real estate strategy, including healthcare clinics, shops, and warehouses. Occupier has secured $10.5 million in a Series A fundraising round, which was announced today.
The investment was co-led by OMERS Ventures and Stage 2 Capital, with participation from previous investors Alate Partners and Metaprop. Occupier has already raised a total of $15.5 million since its beginning in 2018.
Occupier also announced today that it has secured $10.5 million in a Series A fundraising round. The investment was co-led by OMERS Ventures and Stage 2 Capital, with participation from previous investors Alate Partners and Metaprop. Occupier has already raised a total of $15.5 million since its beginning in 2018.
Occupier was founded in 2018 by commercial real estate sector and proptech veterans Matt Giffune, Andrew Flint, and Erik Pearson with the goal of helping businesses “make wiser real estate decisions.” Its program automates the lease administration, accounting, and transaction management processes.
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