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§ Private Profile · San Francisco, CA, USA
Raise Commercial Real Estate is a technology company.
Raise Commercial Real Estate operates as a modern real estate technology and brokerage firm. It develops innovative products and delivers comprehensive workplace solutions, empowering real estate experts with proprietary technology. This integration aims to optimize real estate decisions and workplace strategies for clients reimagining their office environments.
Raise was founded in San Francisco in 2016 by Justin Bedecarre. His founding insight stemmed from the need for a fully digital real estate management platform to modernize traditional commercial real estate. Bedecarre’s vision was to leverage technology for more efficient, data-driven solutions in a historically analog industry, transforming approaches to physical spaces.
The firm serves global clients seeking sophisticated workplace solutions and strategic real estate guidance. Its product users are typically businesses optimizing their real estate portfolios and creating effective work environments. The company's long-term vision focuses on evolving the future of the workplace, providing innovative tools that empower businesses to adapt and thrive.
Raise Commercial Real Estate has raised $33.5M across 3 funding rounds.
Raise Commercial Real Estate has raised $33.5M in total across 3 funding rounds.
Raise Commercial Real Estate has raised $33.5M across 3 funding rounds. Most recently, it raised $20.0M Series A in June 2020.
Raise Commercial Real Estate has raised $33.5M in total across 3 funding rounds.
Raise Commercial Real Estate's investors include Sri Chandrasekar, 11.2 Capital, AME Cloud Ventures, Atlas Venture, Autotech Ventures, Bessemer Venture Partners, Better Tomorrow Ventures, Cota Capital, Crosslink Capital, General Catalyst, Greylock, Hardware Club.
# High-Level Overview
Raise Commercial Real Estate is a technology-powered real estate brokerage firm that helps enterprises find, build, and manage workplace spaces through an integrated digital platform.[1][2] Founded in 2016 and based in San Francisco, Raise combines traditional brokerage expertise with modern software to streamline the commercial real estate leasing lifecycle.[1] The company serves global clients ranging from startups in rapid growth mode to established enterprises, offering end-to-end solutions that include space search, lease negotiation, project management, and workplace strategy development.[2][3]
The company's core value proposition centers on democratizing access to sophisticated real estate tools and expert guidance. Rather than forcing clients to navigate fragmented systems and outdated processes, Raise provides what it calls WorkplaceOS—a unified operating system that integrates real-time market data, lease portfolio management, floor planning, and vendor communication into a single platform.[3] This approach addresses a fundamental pain point in commercial real estate: the disconnect between technology innovation and the brokerage industry's traditional, manual workflows.
Raise operates at the intersection of two significant trends: the digital transformation of commercial real estate and the evolution of workplace strategy in a post-pandemic era. The commercial real estate industry has historically lagged behind other sectors in technology adoption, relying on email, spreadsheets, and fragmented tools.[3] Raise's emergence reflects growing recognition that workplace decisions directly impact talent attraction and retention—a critical concern for companies competing for skilled workers.[2]
The company's acquisition by JLL in October 2024 underscores the strategic importance of this market.[1] JLL, a 200-year-old global real estate giant, recognized that Raise's technology platform and engineering talent could accelerate its own digital transformation and strengthen its competitive position in the U.S. leasing market.[1] This acquisition signals that even established industry leaders view technology-driven innovation as essential to future competitiveness.
Raise's trajectory reflects a broader reshaping of commercial real estate from a relationship-driven, analog business into a data-informed, software-enabled industry. The company's integration into JLL positions it to scale its platform across a much larger client base while maintaining the innovation velocity that defined its early years. As enterprises increasingly view workplace strategy as a lever for organizational culture and talent management, platforms that combine real estate expertise with sophisticated analytics will likely become indispensable.
The key question ahead is whether Raise can maintain its entrepreneurial edge and product innovation within a large, established organization—a common challenge for acquired tech companies. Success will depend on JLL's commitment to preserving Raise's engineering culture and allowing continued product development autonomy.[1]