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Fundraising - JANUARY 28, 2020

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CREXi raises $30m Series B funding to enhance commercial real estate ecosystem

by Released

CREXi has raised $30 million in a Series B funding round led by Mitsubishi Estate Company (MEC), Industry Ventures and Prudence Holdings. Existing investors Lerer Hippeau Ventures and Jackson Square Ventures also joined this round.

“The CRE industry is evolving, and market players, especially younger, digitally native generations are seeking out platforms that provide free and open access to information,” said Gavin Myers, general partner at Prudence Holdings. “CREXi directly addresses this market need, providing fair access to a range of CRE information. As CREXi continues to build out its stable of services, features, and functionality, we’re thrilled to partner with them and support the company’s continued momentum.”

CREXi’s mission is to fully support all aspects of the CRE industry for the benefit of CRE professionals, investors, principals and tenants. The Series B funding will be used to support this mission, enabling CREXi to grow its core busines

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