Real Estate Data Platform Closes $9M

Cherre , a real estate data platform, has recently announced it has closed a $9m seed round led by Navitas Capital. Founded in 2016, the company provides large enterprises, insurance companies, banks and investors with a platform to collect, augment, and resolve property data in real-time from thousands of public, private, and internal sources, allowing them to evaluate investment and underwriting opportunities more accurately and efficiently than ever before.

Through access to Cherre, companies are instantly provided with clean, accurate and up-to-date information such as property history, demographics and market comparisons to be used in advanced analytics and power better decision-making, while saving millions of dollars in manual data collection and analysis costs.

“Many of the world’s biggest industries are increasingly looking to harness the power of real-time data and to reevaluate their use of data in their core business functions . Cherre has seen an incredible adoption rate from financial institutions, insurance companies, real estate investment groups and brokerages, and dozens of other large corporations. With a new group of investors now on board, we are poised to take our platform and data insights to even more companies looking to take their business to the next level.” – Cherre CEO L.D. Salmanson.