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Valcre, Commercial Real Estate’s Premier Appraisal Software, Raises $12.7 Million In Series A Funding Round

Nov 15, 2022about 3 years ago

Amount Raised

$12.7 Million

Round Type

series a

San DiegoReal EstateSaasSoftware

Investors

Second Century VenturesAvenue Growth Partners

Description

Valcre, the commercial real estate industry’s premier appraisal platform, today announced a $12.7 million Series A funding round led by Avenue Growth Partners with participation from Second Century Ventures. The investment will support rapid team growth and product innovation while deepening Valcre’s commitment to streamlining appraisal workflows throughout the U.S., Canada and Australia.

Company Information

Company

Valcre

Location

San Diego, California, United States

About

Valcre is the premier appraisal software for the commercial real estate industry. The platform provides an end-to-end solution for appraisal workflow, including job and client management, property research, inspections, analysis, and report writing. Valcre customers save time while delivering higher quality appraisals. With integrations into industry-leading data providers, customized report templates and a cloud-based collaboration suite, Valcre accelerates the appraisal process, giving firms of all sizes a durable and meaningful competitive advantage. Founded in 2016 by technologists and valuation professionals, Valcre has amassed a client base that includes Avison Young, Kidder Mathews, Kroll, Apprise by Walker & Dunlop, RSM, and CohnReznick. For the latest news from Valcre, visit www.valcre.com or follow us on Facebook, Instagram, LinkedIn and Twitter.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech