US-based real estate data and analytics company Reonomy has secured $22m in a series C round featuring Softbank Capital, the corporate venturing division of telecoms firm Softbank, Forbes has reported.
Private equity firm Bain Capital also contributed funding. Additional investors in the round have not been named.
Founded in 2013, Reonomy’s platform enables lenders, brokers and investors to conduct market-level research of commercial real estate property, providing access to information such as ownership, sales history and available air rights.
The company is currently focused on strengthening its market position in New York City but plans on expanding across the US towards the end of this year, and then into Canada and the UK.
Softbank Capital took part in a $13m series B round for Reonomy in January 2015 that was led by Bain Capital Ventures, the VC arm of Bain Capital. Resolute Ventures, High Peaks Venture Partners, KEC Ventures, Fintech Collective and Solon Mack Capital also took part in that round.
Softbank Capital also led a $3.8m series A round in 2014 backed by Fintech Collective, Resolute, KEC and High Peaks. Reonomy raised $1.15m in seed funding the year before.
Primary Venture Partners is also listed as an investor on Reonomy’s website. The firm participated in Reonomy’s seed, series A and B rounds, according to AngelList, though none of those commitments were confirmed by press releases.