Crexi

Crexi is a commercial real estate (CRE) technology platform revolutionizing the industry by streamlining transactions and providing extensive data analytics. Launched in 2015, Crexi offers a centralized marketplace for buyers, sellers, brokers, and tenants to market, analyze, and trade commercial properties. Its suite of digital tools includes property listings, sales and leasing management solutions, online auctions, and robust data intelligence.

As of December 2021, Crexi's platform empowered millions of CRE stakeholders each month to explore over USD 7 trillion in property value nationwide, facilitating upwards of USD 615 billion in closed transactions. The company's offerings encompass a free marketplace for unlimited listings, subscription-based data and analytics services, and premium broker plans with advanced marketing tools and prospecting data access.

In February 2020, Crexi raised USD 30 million in funding from investors, including Mitsubishi Estate Company, Industry Ventures, and Prudence Holdings, alongside existing investors Lerer Hippeau Ventures and Jackson Square Ventures. This investment fueled Crexi's growth, enabling the platform to expand its user base to over 6 million customers and add more than 300,000 properties for sale or lease across the US by early 2020.

Key customers and partnerships

In September 2019, Crexi integrated its commercial listings into the REALTORS Property Resource (RPR) platform, providing REALTORS access to over 84,000 for-sale properties, 180,000 spaces for lease, and 50,000 historical sales. This partnership aimed to streamline commercial transactions for NAR members and boost business growth.

Crexi has also established collaborations with multiple Multiple Listing Services (MLSs), including the Miami REALTORS MLS. Through these integrations, Crexi's property database becomes accessible to local real estate professionals, enhancing their market reach and efficiency.

Crexi partners with several leading brokerages, such as Commercial Teammates Inc. in Coral Gables, Florida. Brokers like Jennifer Forbes appreciate Crexi's ability to surface reliable listings and generate qualified leads, eliminating the need for expensive subscription services.