# TheSquareFoot

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

- Industry: Internet
- Headquarters: New York, US
- Website: www.squarefoot.com
- Total disclosed funding: $25M
- Latest round: Series B (Nov 6, 2019)
- Investors on record: 12

## About

TheSquareFoot, Inc. is a commercial real estate firm specializing in office space leasing and brokerage services, offering a seamless experience for businesses seeking suitable office environments across major metropolitan areas.Founded in 2011, TheSquareFoot, Inc. is based in New York, US, providing dedicated brokerage services in commercial real estate. The company's founders include Ben Wright and Jonathan Wasserstrum, who have experience in the industry. In November 2019, TheSquareFoot raised USD 16.000 mn in Series B funding led by DRW Venture Capital, with participation from Triangle Peak Partners, RRE Ventures, and Rosecliff Ventures, bringing the total amount raised to USD 16.000 mn.SquareFoot specializes in commercial real estate services, primarily focusing on office space leasing and brokerage. The company offers comprehensive listings of available office spaces and dedicated brokerage services to assist clients throughout the leasing process. Their brokers prioritize client representation, minimizing distractions from commission pursuits. SquareFoot employs innovative tools, such as a Space Calculator, to aid tenants in refining their space requirements. Catering to a diverse clientele, including startups and established corporations, SquareFoot operates in major cities like New York City, Houston, Los Angeles, San Francisco, and Chicago.SquareFoot generates revenue primarily through its brokerage services, facilitating lease agreements between landlords and tenants. Their model revolves around direct engagement, where brokers help clients identify office spaces and negotiate rental terms. Commissions are typically paid by landlords upon successful leases. While specific pricing plans are not disclosed, services are customized to client needs, fostering long-term relationships and establishing trust in the commercial real estate sector.In November 2019, TheSquareFoot raised USD 16.000 mn in Series B funding to support its growth initiatives. The company plans to expand its services to new markets, targeting additional metropolitan areas across the US. Details on new product offerings and timelines for launches are yet to be disclosed, but the recent funding will assist in scaling operations and enhancing service delivery.

## Funding rounds

- Series B, Nov 6, 2019, $16M — RRE Ventures, Rosecliff Ventures, Triangle Peak Partners, DRW Venture Capital
- Series A, Apr 18, 2018, $7M — RRE Ventures, Primary Venture Partners, Rosecliff Ventures, Triangle Peak Partners, Entrepreneurs Roundtable Accelerator, Armory Square Ventures, Elevate Innovation Partners, Sinai Ventures
- Seed, Apr 15, 2015, $2M — RRE Ventures, Primary Venture Partners, LaunchCapital, Entrepreneurs Roundtable Accelerator, RiverPark Advisors, Triangel Peak Partners
- Seed, Jan 7, 2013, $0M — Entrepreneurs Roundtable Accelerator

## Investors

- Entrepreneurs Roundtable Accelerator (https://capitalatlas.ai/funds/entrepreneurs-roundtable-accelerator) — Seed, Series A
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Seed, Series A, Series B
- Primary Venture Partners (https://capitalatlas.ai/funds/primary-venture-partners) — Seed, Series A
- LaunchCapital (https://capitalatlas.ai/funds/launchcapital) — Seed
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Seed
- Triangel Peak Partners — Seed
- Rosecliff Ventures (https://capitalatlas.ai/funds/rosecliff-ventures) — Series A, Series B
- Triangle Peak Partners (https://capitalatlas.ai/funds/triangle-peak-partners) — Series A, Series B
- Armory Square Ventures (https://capitalatlas.ai/funds/armory-square-ventures) — Series A
- Elevate Innovation Partners (https://capitalatlas.ai/funds/elevate-innovation-partners) — Series A
- Sinai Ventures (https://capitalatlas.ai/funds/sinai-ventures) — Series A
- DRW Venture Capital (https://capitalatlas.ai/funds/drw-venture-capital) — Series B