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Santa Monica, CA-based commercial real estate brokerage TenantBase, Inc., company, raised a $10.7m funding round.
Led by mainly Stonecutter TenantBase Investors LLC, and included follow-on investments from existing investors TenentBase successfully raised $10.7 million in funding.
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Founded in 2014 by the CEO Bennett Washabaugh. TenentBase provides technology-based brokerage platform to ease the finding and leasing office for small-medium businesses.
In Nashville, and Newport Beach, CA, Atlanta, Dallas. TenantBase has additional brokerage offices set up to ease the customer queries handling
The firm platform is built to combine internal broker tools, proprietary client-facing technology, and hands-on local brokerage services.
TenantBase's business model centers around automating steps in the look for space and automating the negotiation process. The organization utilizes more than 30 in-house agents over its five markets to help customers all through the process. The firm basically works as a do-it-yourself service where small business can where follow up on their own, including browsing space options among various categories, planning office visits and requesting proposals.
It provides free of service for tenants. Landlords pay brokerage charges.
TenantBase keeps on utilizing its own representatives since it trusts customers need a one-prevent shopping experience through and through while browsing business space.
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