Company:View the Space
| Type | Private |
|---|---|
| Industry | Software |
| Founded | 2012 in New York, United States[1] |
| Founder |
|
| Headquarters | New York City , United States |
Number of employees | 500[2] |
| Website | www |
View the Space, or VTS, is a software company that provides customer relationship management (CRM), marketing and analytics software specifically for the commercial real estate industry.
History
VTS was founded in 2012 by Nick Romito and Ryan Masiello in New York City. VTS’s first product was an automated video feed to show potential tenants listings via an email and website.[3]
In 2015 Blackstone Group LP’s real estate group invested $3.3 million to buy a stake in VTS, valuing the firm at close to $35 million.[4]
In 2016 VTS merged with another commercial real estate software company, Hightower Inc., in an all-stock transaction.[5]
In 2018 VTS released it's data product, which amalgamated various data feeds across its platform to offer commercial real estate professionals views into macro trends across the industry.[6]
In 2021 VTS acquired Lane and Rise Buildings, two software companies building tools for workplace and tenant experience, respectively.[7]
In 2022 CBRE invested over $100M in their Series E round, valuing the company at close to $1.6B post-money.[8]
References
- ↑ "CBRE leads 125 million VTS funding round". Wall Street Journal. Published September 6 2022. Retrieved February 11, 2024
- ↑ "LinkedIn Company Page". Retrieved February 11, 2024
- ↑ "Contrary Research: Memo VTS". Contrary Research. Published June 8, 2023. Retrieved February 11, 2024
- ↑ "Blackstone Real Esatte Unit Investing In Tech Startup". Wall Street Journal. Published January 14, 2015. Retrieved February 11, 2024
- ↑ "Real Estate Tech Companies VTS and Hightower to Merge". Wall Street Journal. Published November 29, 2016. Retrieved February 11, 2024
- ↑ "VTS Plans Tool to Help Commercial Real Estate Clients Track Market Trends". Wall Street Journal. Published June 18, 2018. Retrieved February 11, 2024
- ↑ "VTS’s $200M Acquisition Of Lane Sparks A Race To Deliver The Most Comprehensive Tenant Experience Platform". Verdantix. Published October 28, 2021. Retrieved February 11, 2024
- ↑ "CBRE’s Vikram Kohli On Big Real Estate’s Big Proptech Moves". Commercial Observer. Published November 29, 2022. Retrieved February 11, 2024
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