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Vts Announces Over $125M In Series E Funding Round Led By Cbre

Sep 06, 2022•almost 3 years ago

Amount Raised

$125 Million

Round Type

series e

Commack

Description

VTS, the commercial real estate industry’s leading technology platform that transforms how strategic decisions are made and executed across the asset lifecycle, today announced a Series E funding round totaling over $125 million. The funding round is led by existing VTS customer and investor CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, which is providing $100 million of capital and will join VTS’ Board of Directors. Other investors include BentallGreenOak, AmTrust, Brookfield Ventures, and Insight Venture Partners, among others.

Company Information

Company

VTS

Location

Vts

Commack, New York, United States

About

VTS will operate as an independent platform company, pursuing growth organically as well as through potential acquisitions. Founded by current CEO and President John Cunningham and his wife Karen in 2002, VTS is a pioneer in telematics and fleet management and has continually differentiated itself through a client-first approach. VTS is an innovative technology company helping fleet-driven organizations transform the way they make business decisions.

FundzWatch™ Score

75
Medium Activity

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