As posted on TechCruch.com March 9, 2017
RealConnex, a four-year-old, Miami and New York-based platform connecting real estate professionals to capital, investments and services, has raised $3.5 million in strategic funding led by Silver Portal Capital, a San Diego-based real estate investment and merchant banking firm.
The round is part of a much bigger trend of startups working to change how properties are built, bought and sold — and investors are funding their vision. In fact, according to the research firm CB Insights, real estate tech companies have raised almost $6.4 billion in funding across 817 deals since 2012.
Abrams describes RealConnex as “Match.com meets LinkedIn for the real estate professional,” connecting people who work on real estate projects before they’re listed and once they’re in full swing. For example, a real-time dashboard organizes members’ activities and reports on their interaction with other members; the platform also features rooms where all parties involved in a project can collaborate online.