Thursday, June 9, 2022

Revolution RE Snags $3M For Rental Property Data

Los Angeles-based real estate data and software provider Revolution RE has raised $3M in a funding round, according to the company, to go towards its software-as-a-service for data aggregation and analytics for the residential rental real estate market. The company said the funding came from 29th Street Ventures, a division of multifamily investor 29th Street Capital, Moderne Ventures, Techstars, PLG Ventures, Silicon Badia, Jason Calacanis' LAUNCH fund and The Syndicate, Ray Wirta (former CEO of CBRE), Marc Randolph (Netflix co-founder and first CEO), Sandy Sigal (CEO of Newmark Merrill), Carl Chang (CEO and founder at Kairos Investment Management) and Chris Fraley (CIO of RealtyMogul). Revolution RE was previously known as JoyHub, and is led by CEO Elizabeth Braman.