REDD Real Estate Digital Data

REDD (Real Estate Digital Data) is an early growth proptech company and a leading online platform & marketplace for commercial real estate. By using big data and cutting edge technologies, we create a new market category, with the ambition of becoming its new technology standard. The company's two primary products are: * REDD Platform = Pitchbook for commercial real estate * REDD Marketplace = Amazon for commercial real estate Our goal is to build a new category in the commercial real estate market. Immediacy, transparency and access to data will be the disruption of the traditional CRE industry. Just as Spotify became a category for the music industry, Booksy for the beauty industry, REDD's goal is to set a category in the commercial real estate market.

REDD is a technology company focused on enhancing the workflow of commercial real estate professionals. The company operates a platform tailored to meet client needs, leveraging Big Data and intelligent tools to serve clients and stakeholders efficiently. REDD's ecosystem comprises two main entities: the REDD platform, a data- and technology-driven tool for commercial real estate professionals, and the finne network of commercial property search portals. The finne search engine connects tenants directly with property owners, facilitating transactions in the European commercial property market.

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Digitizing the commercial real estate value chain

Commercial PropTech

REDD is a technology company focused on enhancing the workflow of commercial real estate professionals. The company operates a platform tailored to meet client needs, leveraging Big Data and intelligent tools to serve clients and stakeholders efficiently. REDD's ecosystem comprises two main entities: the REDD platform, a data- and technology-driven tool for commercial real estate professionals, and the finne network of commercial property search portals. The finne search engine connects tenants directly with property owners, facilitating transactions in the European commercial property market.
In September 2023, REDD Group expanded its finne search engine to four new Central and Eastern European (CEE) countries: Czech Republic, Slovakia, Romania, and Hungary, in addition to its existing operations. As of that time, the platform provided data on more than 3,600 warehouse buildings across five countries. The company planned to supplement its offerings with data on the office and coworking space markets, as well as introduce analytical tools for investors, owners, and advisors in all CEE countries.
REDD's technology utilizes artificial intelligence (AI) and machine learning algorithms to analyze vast amounts of data, aiming to assist in making informed investment decisions in the real estate sector. The company's services include predicting real estate prices, identifying properties for renovation, and optimizing investment portfolios. REDD also offers personalized property recommendations and tailored property searches to streamline the buying process for its clients.

Valcre is a comprehensive appraisal software platform designed for the commercial real estate industry. It streamlines the entire appraisal process, from job and client management to property research, inspections, analysis, and report writing. Valcre's cloud-based platform enables seamless collaboration and data synchronization, ensuring efficient workflow and accurate reporting.
The software integrates with various industry-leading data providers, offering access to over 150 million public property records. This allows appraisers to effortlessly capture and verify accurate comparables, enhancing their decision-making process. Valcre's customizable report templates, tailored to industry standards, cover a wide range of property types, including office, industrial, retail, multi-family, and specialty properties.
Through automation and intuitive tools, Valcre enables appraisers to generate professional reports with minimal effort. Its user-friendly interface and robust data management capabilities streamline the entire appraisal process, leading to increased productivity and time savings. As of November 2022, Valcre had facilitated over 300,000 property appraisals and collected 2.5 million comparables, saving appraisers over two hours per day on average.
In November 2022, Valcre secured USD 12.7 million in Series A funding led by Avenue Growth Partners and Second Century Ventures. This investment will support rapid team growth, product innovation, and further solidify Valcre's position as a market leader in appraisal software solutions.

Valcre

Otso is a financial technology company that specializes in automated financial due diligence for commercial real estate leasing. The company's AI-powered Underwriting as a Service (UaaS) platform combines artificial intelligence with human expertise to deliver comprehensive financial reports for tenant screening within 24 hours. Otso's technology aims to streamline the tenant evaluation process, enabling landlords to close leases an average of 21 days faster than traditional methods. The platform supports various property types, including office, retail, and industrial spaces.
Otso's solution offers an alternative to traditional security deposits and letters of credit in commercial leases. The company provides landlords with AA-rated coverage and up to USD 50,000 in lease performance guarantees for a monthly fee starting at USD 250. This approach allows tenants to retain their working capital typically locked in deposits or letters of credit while providing landlords with enhanced protection against tenant defaults. Otso's platform utilizes a business's complete credit and cash history for underwriting decisions, and every policy is backed by A-rated insurance through Accelerant specialty insurance company and administered by Assurely.
The company has completed its SOC2 Compliance Audit, demonstrating its commitment to high-level security for clients and prospects. Otso partners with industry leaders such as AWS, Plaid, and Experian to ensure data security, employing 256-bit encryption and complying with global data protection regulations. The platform is designed as a bolt-on solution that integrates seamlessly with existing systems, requiring minimal training for implementation.

Otso Corp

REScan is a spatial data company that specializes in rapidly digitizing and efficiently annotating large indoor spaces from a human perspective. Their technology involves an end-to-end solution comprising a scanner helmet, a 3D reconstruction and streaming pipeline, and a mobile viewer application. The company has developed a proprietary system, protected by 18 issued and one pending patent, that enables remote viewing, analysis, editing, and spatial computing applications for scanned spaces.
REScan's solution allows for the creation of 3D digital copies or "Digital Twins" of indoor and outdoor areas. These digital replicas provide remote access to distant locations and enhance professional workflows by facilitating machine understanding of the physical world. The company's technology enables the rapid onboarding of these Digital Twins, streamlining the process of digitizing large spaces.
One notable demonstration of REScan's capabilities is their ability to capture a 350,000 square foot 3D scan of indoor and outdoor areas in Redwood City within a span of under two hours. This scanned data can be viewed on both Android and iPhone devices through their mobile viewer application, showcasing the efficiency and accessibility of their solution.

REScan

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 Matterport, founded in 2011, is a spatial data company that specializes in creating 3D digital twins of physical spaces. The company's proprietary technology enables the capture of dimensionally accurate, photorealistic virtual tours of properties using various camera technologies, including smartphones and its flagship LiDAR-based Pro3 camera. At the core of Matterport's offering is Cortex, an AI-powered software engine that automatically generates 3D digital twins and virtual tours while providing detailed property insights.
 
 
 
 
 As of 2024, Matterport has digitized over 12 million spaces across 177 countries, representing more than 38 billion square feet of digital property. The company's technology finds applications in multiple sectors, including residential and commercial real estate, hospitality, retail, and industrial spaces. Matterport's product lineup includes 3D cameras, the Matterport Capture mobile app, and a web-based platform for managing and sharing 3D models. In 2023, Matterport reported revenue of USD 158 million, representing a 16% year-over-year growth.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Matterport's technology has been adopted by various industries, with real estate being a primary focus. CoStar Group, a major player in online real estate marketplaces, features nearly 300,000 Matterport digital twins across its platforms, including Apartments.com, LoopNet, and Homes.com. In March 2024, Apartments.com recorded over 7.4 million views of Matterport 3D Tours, with users spending 20% more time on listings featuring these tours.
 
 
 
 
 Matterport has also established partnerships with companies in other sectors. In June 2024, the company announced a collaboration with FBS, a provider of Multiple Listing Service (MLS) technology, to integrate Matterport's 3D tours and property data into the Flexmls platform. This partnership aims to streamline the listing process for real estate professionals and enhance the home search experience for buyers.
 
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Matterport

Fundrise is a real estate investment platform that allows individuals to invest in a diversified portfolio of private real estate assets, including residential and commercial properties, with a low minimum investment. Fundrise uses technology to streamline the investment process, offering investors access to institutional-quality real estate opportunities that were previously only available to wealthy individuals and institutions.
The company was founded in 2012 with the mission of democratizing real estate investing. Fundrise offers a variety of investment plans tailored to different investment goals, such as supplemental income, long-term growth, or a balanced approach. The platform leverages advanced data analytics and proprietary algorithms to identify and acquire properties with strong potential for appreciation and rental income growth, with a focus on the Sunbelt region of the US.
Fundrise's primary product offerings are its private real estate investment trusts (eREITs), which invest in a diversified portfolio of properties across different markets and property types. As of 2024, Fundrise manages over USD 3.3 billion in assets under management and has over 500,000 active investors on its platform.

Fundrise

Companies that use technology and software to automate and digitize workflows and repetitive tasks during a rental/lease cycle of a commercial property

Platforms that provide online marketplaces that connect buyers and sellers as well as real estate brokers

Companies that offer tools that allow renters or buyers to view homes without visiting the sites

Platforms that provide performance data and analytics relating to commercial real estate to facilitate activities such as property valuations, financing deals, and marketing initiatives

Platforms that connect commercial real estate owners with real estate lenders to raise funds

Companies that offer platforms to allow retail investors access to commercial real estate investments

Allows commercial real estate agents to create 3D virtual tours for properties

Uses AI/ML to support various property-related tasks such as rental payments and spatial data capturing

REDD Real Estate Digital Data

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