Data and analytics platform CrediFi bags $6m in funding round

CrediFi, a data and analytics platform for commercial real estate, has secured $6m in funding to support its go-to-market efforts.

This new investment round was led by Liberty Technology Venture Capital II, with participation also coming from Maverick Ventures Israel and unnamed Japanese real estate investor.

Existing backers of CrediFi including Battery Ventures, Viola Ventures and OurCrowd, also contributed to the funding.

CrediFi is a data-driven platform which provides transparency to the real estate space. The company offers a complete picture of the nationwide CRE financing, lender portfolios, property data and owner details.

Capital from the round will be used to support the company go-to-market plans, but also for the recruitment of new key staff members for its New York and Israel teams.

Alongside the funding, the company revealed it has named Jeff Hendren as president, and Amichai Levy as vice president, research & development. Hendren was formerly the CCO at data science platform Quovo, while Levy was the vice president of research and development at payments company Payoneer.

CrediFi CEO Ely Razin said, “CRE investors are very excited about CrediFi, as we are the most advanced FinTech platform for the industry. We work with a range of leading financial institutions, who use our data and technology to make more strategic, data-driven investment decisions.”

The company previously raised $13m in its Series B in 2017, which was led by Liberty Interactive Liberty Israel Venture Fund. Other participants to the round included 31 VENTURES, and Global Innovation Fund.

In total, CrediFi has raised a total of $29m in equity funding.

Copyright ? 2018 FinTech Global

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