CompStak fetches $12 mln Series B [Reuters]
REALPAGE (RP)
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Source: Reuters
CompStak fetches $12 mln Series B CompStak IA Capital Canaan Partners, RealPage Inc 500 Startups. PRESS RELEASE , New York, NY?—CompStak, the leader in commercial real estate transaction data and analytics, recently raised $12 million in its Series B Financing round, which will help accelerate the company’s rapid growth. IA Capital led the investment round with participation from existing investors Canaan Partners, RealPage, Inc., and 500 Startups. The investment brings CompStak’s total funding since its launch in 2012 to $28 million, including a strategic investment from Moody’s in 2017. “IA Capital’s fund, backed major insurance companies, is a terrific strategic fit for CompStak as we continue to expand our relationships with financial firms and insurance companies,” said CEO and co-founder Michael Mandel. “They fully understood our market vision, and it was clear that IA Capital could help us achieve that vision.” The funding will be used to continue to accelerate growth into new
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