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 projec
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Realty Plus Published - Wednesday, 13 May, 2020
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.
The pandemic has altered the choices of home buyers in Bangalore and are now actively considering plotted developments, says Dr. Mahendra Reddy, Managing Partner, Reliaable Developers.