Reonomy, a real estate technology startup has ended its latest funding round with $16 million from a group of investors led by current backer Bain Capital Ventures.
The Series C round takes Reonomy’s total capital raised to more than $38 million since the company’s founding in 2013. In addition to receiving additional investment from previous backers Bain Capital and Silicon Valley Bank, the firm also secured funding from the likes of Marcus & Millichap subsidiary MMC Technology Ventures, billionaire businessman John Catsimatidis’ Red Apple Group and Jaws Estates Capital, the family office of Starwood Capital Group head Barry Sternlicht.
Reonomy develops and runs an online platform offering a wide array of property data—including building history, owner information, sales and financing history, and zoning and tax data—to the real estate investors, brokers, lenders and appraisers that make up its clientele. While the Flatiron District-based company launched with a focus on its home New York City market, Reonomy expanded its platform nationally last year and now claims information on more than 45 million properties in 3,000 counties across the country.
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