Proptech Company Northspyre Raises Millions

Northspyre, a cloud-based intelligence platform for real estate owners, developers and project management firms, has raised $7.5 million in Series A funding led by David Sacks’ Craft Ventures, with participation from Tamarisc Ventures. Northspyre is upending traditional commercial real estate project delivery with modern technology, automation and data-driven proactive insights. As the commercial real estate industry grapples with the impact of COVID-19, Northspyre’s flexible, cloud-based technology has experienced its highest user engagement since its founding. Real estate professionals have turned to Northspyre to maintain continuity in project delivery and provide a critical, collaborative hub for teams now working remotely.