US-based real estate finance data provider CrediFi completed a $13m series B round yesterday led by investment holding group Liberty Interactive’s Liberty Israel Venture Fund.
The fund, one of two formed by Liberty Interactive and media conglomerate Liberty Media, was joined by 31 Ventures Global Innovation Fund, which invests on behalf of property developer Mitsui Fudosan.
The round was filled out by venture capital firms Battery Ventures and Carmel Ventures, crowdfunding platform OurCrowd and company builder Stax Development Corporation.
Founded in Israel in 2014, CrediFi has developed a platform that supplies loan and asset data to the commercial real estate industry. It covers a total of more than 2.3 million properties, giving information on ownership and financing together with risk and volatility scoring.
Motti Lichtenstein of Liberty Interactive’s Liberty Israel Venture Fund will join CrediFi’s board of directors in conjunction with the round, which boosted the company’s overall funding to $23m.
CrediFi had raised $2m in seed capital before Battery Ventures led an $8m series A round in mid-2015 that included Carmel Ventures and OurCrowd.