SignalFire Invests $3.5M in Proptech Startup Leaseable

By StartUp City | Tuesday, August 20, 2019

Leaseable, a data management start-up, recently secured a funding of $3.5M in Series Seed Funding. The firm is designed exclusively for CRE or commercial real estate owners to manage portfolio risk and reveal insightful business opportunities easily.

FREMONT, CA: A prop-tech start-up, Leaseable, has secured $3.5M in seed funding. The Seed financing was led by SignalFire, an early-stage venture capital company. With this, the total funding received by Leaseable until this day would be $5.1M.

Leading technology executives and Silicon Valley angel investors have backed Leaseable since its beginning. The funds raised would help develop the machine intelligence platform by Leaseable and further expand its data management services and commercial operations.

The past decade has not been very encouraging concerning innovative changes in data management in the CRE sector. This scenario is changing gradually. Leaseable will find themselves at the forefront of those changes. The past decade has not been very encouraging concerning innovative changes in data management in the CRE sector. This scenario is changing gradually.

The latest trends in technology, including machine learning, cloud computing, along with natural language processing, are causing changes in the way companies belonging to the CRE sector, leverage their data. Today’s data is moving from being siloed, static, and inaccessible to highly centralized dynamic and knowledge-driven forms.

The recent trends have been highly constructive for Leaseable, whose mission is to facilitate competence, mechanization, and real-time information towards lease and tenant management.

What made SignalFire choose Leaseable was the latter’s deep focus on technology, domain experience, and the ability to gain consumer traction easily. Leaseable has successfully gained strong early traction with thousands of tenants and millions of square feet being managed on its cloud-native platform within a span of six months.

SignalFire’s name features among the known data-driven early-stage investors plying in the Silicon Valley arena. Leaseable is confident that the knowledge and expertise extended by SignalFire would help them have a smooth journey towards being a category-leading enterprise. 

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