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§ Private Profile · New York City, NY, USA
Reonomy is a technology company.
Reonomy makes it easy to source new deals and find off-market opportunities with its leading CRE property and ownership intelligence. Powered by AI and machine learning, Reonomy is where CRE opportunities are discovered and data-driven decisions are made.
Reonomy has raised $140.0M across 7 funding rounds.
Reonomy has raised $140.0M in total across 7 funding rounds.
Reonomy is a commercial real estate (CRE) technology company that builds an AI-powered property intelligence platform, aggregating data from over 100 public and proprietary sources to deliver comprehensive insights on 54M+ commercial properties, 68M+ transactions, 5.2M+ companies, and 30M+ owners across the US.[1][5][6] It serves CRE professionals including brokers, investors, lenders, appraisers, developers, insurers, and service providers, solving the problem of fragmented, siloed data by using machine learning to create a unified knowledge graph via the proprietary Reonomy ID, enabling off-market deal sourcing, predictive analytics like "likelihood to sell," and faster decision-making.[1][5][6] As a subsidiary of Altus Group since around 2021, Reonomy powers web apps, APIs, and bulk data feeds, with strong growth in PropTech evidenced by accelerated ML model deployment (from 6 months to 2 months using Databricks) and expanded product capabilities.[2][4][7]
Founded in 2013 in New York as a private company with 51-200 employees, Reonomy emerged to tackle the opaque, disconnected CRE data landscape by ingesting disparate feeds and applying machine learning for unification.[4] Key early traction came from building a "universal language" via the Reonomy ID, which links property, sales, mortgage, person, and company records, trained on billions of data points.[5] Pivotal moments include partnerships with exclusive data providers (title, assessor, geospatial, demographic) and tech integrations like Databricks, enabling cross-functional teams to rapidly prototype ML models and pivot to new products—boosting deployment speed 3x and uncovering novel customer solutions.[7] Acquired by Altus Group, it evolved into a leading PropTech provider, now headquartered in NYC under a parent with broader real estate tech ambitions.[2][4]
Reonomy rides the PropTech wave, digitizing the $16T+ US CRE market amid trends like AI-driven analytics and off-market dealmaking, where fragmented data has long hindered efficiency.[8][9] Timing aligns with post-pandemic shifts to data-centric CRE (e.g., remote work reshaping portfolios), amplified by geospatial tech and big data partnerships.[4] Market forces favoring it include rising demand for predictive insights amid high interest rates and investor caution, plus Altus Group's scale for global expansion.[2][6] It influences the ecosystem by empowering 4,000+ users to close deals faster, fostering PropTech innovation through ML unification that others emulate, and bridging traditional CRE with modern tech stacks.[2][7][8]
Reonomy's trajectory points to deeper AI enhancements, like expanded predictive models and international data coverage, fueled by Altus integration and tools accelerating product pivots.[7] Trends shaping it include generative AI for personalized CRE insights, regulatory pushes for transparent property data, and CRE's tech adoption surge (projected 20%+ CAGR in PropTech). Its influence could evolve from US-centric aggregator to global standard-setter, unlocking more off-market value as data networks grow—reinforcing its role as the go-to for CRE intelligence in a deal-starved market.[5][6]
Reonomy has raised $140.0M in total across 7 funding rounds.
Reonomy's investors include Emily Walsh, Activate Venture Partners, Aleph VC, Citi Ventures, Entrée Capital Ventures, F2 Capital, Gaingels, Insight Partners, MissionOG, Primary Venture Partners, Sandbox Industries, Sapphire Ventures.
Reonomy has raised $140.0M across 7 funding rounds. Most recently, it raised $60.0M Series D in November 2019.