RealSage

Overview
News
Commercial PropTech?
Product stageSegments
Seed
?
Property data and analytics
?

RealSage is a leading provider of data intelligence and AI solutions tailored for the multi-family real estate industry. The company's platform leverages machine learning algorithms and predictive analytics to assist asset managers in making data-driven decisions and optimizing their portfolios. RealSage's solutions are designed to streamline operations by eliminating manual processes and fostering collaborative workflows.

The platform offers real-time dashboards that provide actionable insights and predictions, enabling asset managers to stay ahead of the competition. RealSage's technology has demonstrated substantial value for its clients, with portfolio managers adding USD 400K in annual economic value, experiencing up to 42% better returns, and saving over USD 100K through payroll reallocation as of April 2023.

RealSage's offerings encompass asset management, leasing, revenue management, marketing, and engagement solutions tailored for the multi-family real estate sector. The company's innovative approach has attracted prominent players in the industry, such as GreySpring Apartments, Drewlo Holdings, Oxford Properties, Harrington Housing, and Zahra Properties.

In March 2024, RealSage secured USD 5.5 million CAD in seed funding to accelerate its expansion in the US market and enhance product development efforts. As of March 2024, RealSage was managing over 100 buildings across North America through its platform.

Key customers and partnerships

RealSage has established partnerships with several notable players in the multi-family real estate industry. In March 2024, the company announced strategic collaborations with Harrington Housing and REACH (Second Century Ventures' accelerator program) to leverage RealSage's data intelligence and AI solutions.

RealSage's platform is actively utilized by prominent real estate firms such as Drewlo Holdings, Oxford Properties, and the company's co-founder's former employer, Zahra Properties. Additionally, the platform has been adopted by multi-family rental housing providers like GreySpring Apartments, demonstrating its widespread acceptance within the sector.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Toronto, Ontario, CA Toronto ON CAN
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 7.2 mn
Last Funding:
USD 4.0 mn (Seed; Mar 2024)
Last valuation:
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Key competitors
 
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