# Cherre

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cherre

- Industry: Software
- Headquarters: New York, US
- Website: www.cherre.com/
- Total disclosed funding: $78M
- Latest round: Series C (Sep 17, 2024)
- Investors on record: 14

## About

Cherre, Inc. is a US-based company that specializes in developing a sophisticated real estate data management platform, streamlining data complexities for enhanced accessibility and analytics.

Cherre, Inc. was founded in 2016 by L.D. Salmanson, Co-Founder and CEO, and Ben Hizak, Co-Founder and COO, and is headquartered in New York, US. The company focuses on real estate data management, having successfully closed 7 deals to date. In September 2024, Cherre raised USD 30 mn in Series C funding led by HighSage Ventures, with participation from notable investors including Intel Capital and Trustbridge Partners. The firm has reached a current valuation of USD 130.687 mn. In July 2026, RealPage, Inc., a portfolio company of Thoma Bravo, acquired Cherre, Inc.

Cherre provides a comprehensive real estate data management platform designed to simplify the complexities associated with data ingestion, normalization, and accessibility. Their core offerings focus on enabling organizations to connect and leverage substantial amounts of real estate data efficiently—specifically, over 100 petabytes of unique data, which includes over 3.5 billion unique connected data points. The platform's Universal Data Model empowers users to standardize, transform, and create enriched insights, essential for optimizing asset performance, automating reporting, and managing risks. Cherre serves a diverse client base including asset managers and investment managers, facilitating effective data-driven decision-making across various geographical markets, particularly in North America and Europe.Cherre generates revenue primarily through subscription-based models, where clients subscribe to access the platform's suite of data management tools and analytics capabilities. Clients engage in partnerships for data ingestion workflows that allow seamless integration of data from various sources, enhancing operational efficiencies. The firm's revenue transactions typically involve licensing agreements for their flagship products and services, which include advanced analytics and reporting features tailored for the real estate sector. Specific pricing plans are structured to cater to different organizational needs, reflecting the customized nature of the services offered, allowing clients to derive maximum value from their investment in Cherre’s solutions.In September 2024, Cherre, Inc. raised USD 30 mn in Series C funding led by HighSage Ventures, aimed at expanding its data intelligence capabilities. The funding will support the development of new tools that enhance data quality and process insights for clients. The company plans to introduce new product offerings in the upcoming year, while also targeting expansion into additional markets in North America and Europe by the end of 2025.

## Funding rounds

- Series C, Sep 17, 2024, $30M — Intel Capital, TA Realty, RXR, Trustbridge Partners, Glilot Capital Partners, Nuveen, Carthona Capital, HighSage Ventures
- Series B, Apr 15, 2021, $40M — Intel Capital, Navitas Capital, Silicon Valley Bank, Trustbridge Partners, Glilot Capital Partners, Carthona Capital
- Series A, Feb 5, 2020 — Intel Capital, Navitas Capital, DreamIt Ventures, Carthona Capital, Zigg
- Seed, Sep 17, 2018, $8.5M — Navitas Capital, DreamIt Ventures, Red Swan Ventures, Carthona Capital, iLOOKABOUT Inc.

## Investors

- Navitas Capital — Seed, Series A, Series B
- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed, Series A
- Red Swan Ventures (https://capitalatlas.ai/funds/red-swan-ventures) — Seed
- Carthona Capital (https://capitalatlas.ai/funds/carthona-capital) — Seed, Series A, Series B, Series C
- iLOOKABOUT Inc. — Seed
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B, Series C
- Zigg (https://capitalatlas.ai/funds/zigg) — Series A
- Silicon Valley Bank — Series B
- Trustbridge Partners (https://capitalatlas.ai/funds/trustbridge-partners) — Series B, Series C
- Glilot Capital Partners (https://capitalatlas.ai/funds/glilot-capital-partners) — Series B, Series C
- TA Realty — Series C
- RXR (https://capitalatlas.ai/funds/rxr) — Series C
- Nuveen (https://capitalatlas.ai/funds/nuveen) — Series C
- HighSage Ventures (https://capitalatlas.ai/funds/highsage-ventures) — Series C