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- Cherre Raises $30M Series C to Expand Real Estate Data Intelligence Platform
Cherre Raises $30M Series C to Expand Real Estate Data Intelligence Platform
Slice of Real Estate Team
September 20, 2024
Key Highlights:
Cherre raises $30M Series C round led by HighSage Ventures.
New funding to enhance data intelligence capabilities for real estate clients.
Cherre’s platform enables better data quality and process intelligence.
Real estate investors like Nuveen Real Estate and RXR also participated.
CEO L.D. Salmanson sees funding as pivotal for scaling and innovation.
Source: Business Wire
Notable Quotes:
“Cherre is well on its way to becoming the foundational data platform for the real estate industry.”
“We help real estate organizations leverage data to flexibly grow and scale in ways they wouldn’t otherwise be able to do today.”
Our Take:
Cherre’s $30M Series C round signals the real estate industry’s growing emphasis on data intelligence and process optimization. With this latest funding, Cherre is strategically positioned to continue its innovative momentum, offering real estate firms the tools they need to navigate a rapidly evolving landscape. By enhancing data interoperability and providing cutting-edge data management solutions, Cherre is empowering clients to make smarter, data-driven decisions that offer a sustainable competitive edge. This move not only strengthens Cherre’s leadership in the market but also underscores the broader trend toward digital transformation within real estate.