Cherre, a New York-based real estate data management and intelligence platform, has secured $30 million in Series C funding.
Investors
The round was led by HighSage Ventures, with participation from Nuveen Real Estate, RXR (RADV), certain principals of TA Realty, and others, as well as current investors Trustbridge Partners, Glilot Capital Partners, Intel Capital, and Carthona Capital.
HighSage is a Boston, MA-based investment firm funded by permanent capital. The firm invests in public and private companies across industries and security types, with the goal of creating value to be used for philanthropic endeavors.
Cherre Use of Funds
The new capital will enable Cherre to expand its data intelligence capabilities, helping clients improve data quality and streamline operations. The company plans to accelerate the development of advanced tools to support real estate investors and service providers.
About Cherre
Cherre provides a real estate data management and intelligence platform that helps organizations integrate, manage, and analyze data from multiple sources. It empowers investors, lenders, and service providers to make better decisions with data-driven insights, improving data quality and governance. Cherre partners with the largest data providers, applications, and solution service providers in the industry, creating a full ecosystem that supports clients across all their data needs. Cherre was launched in 2016 and is headquartered in New York City.
Funding Details
Company: Cherre, Inc.
Raised: $30.0M
Round: Series C
Funding Date: September 2024
Lead Investor: HighSage Ventures
Additional Investors: Nuveen Real Estate, RXR (RADV), TA Realty, Trustbridge Partners, Glilot Capital Partners, Intel Capital, Carthona Capital
Company Website: https://cherre.com/
Software Category: Real Estate Data Management and Intelligence
Source: https://www.businesswire.com/news/home/20240918819229/en/