HomeUSACherre Raises $30M in Series C Funding

Cherre Raises $30M in Series C Funding

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Cherre

Cherre, a NYC-based provider of a real estate data management and intelligence platform, raised $30M in Series C funding.

The round was led by HighSage Ventures, with participation from Nuveen Real Estate, RXR (RADV), certain principals of TA Realty, and others, as well as current investors Trustbridge Partners, Glilot Capital Partners, Intel Capital, and Carthona Capital.

The company intends to use the funds to invest in expanding its data intelligence and insight capabilities and provide clients with tools to take control of their data, improve data quality, gain process intelligence, empowering them to build a composable target operating model for future competitive advantage.

Led by CEO L.D. Salmanson, Cherre is provider of a real estate data management and intelligence platform that gives clients direct control over moving and managing their data, while providing the visibility, observability, and validation tools needed to improve data quality, support governance strategies, and establish data lineage for the rapidly changing regulatory environment. With it, clients can automate workflows, optimize processes, maximize efficiencies, reduce risks, and identify opportunities to increase profitability by making smarter decisions with confidence.

Cherre partners with data providers, applications, and solution and service providers in the industry, creating a full ecosystem that supports clients across all their data needs.

FinSMEs

18/09/2024

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