Overview

Buildout provides a platform specifically designed for commercial real estate (CRE) brokers to manage the entire lifecycle of a deal. This platform allows brokers to quickly analyze over 40 million commercial properties using predictive analytics, helping them identify the most profitable listings. It also includes tools for managing deals, ensuring that transactions are completed efficiently. Unlike many competitors, Buildout focuses solely on the needs of CRE brokers, offering a comprehensive solution that combines property analysis and deal management in one place. The goal of Buildout is to empower CRE brokers with advanced tools that enhance their competitiveness in the market.

Simplify's Take

What believers are saying

• Partnership with Sperry expands Buildout's transaction management across U.S. affiliates.
• Launch of AI-enabled mobile app enhances user engagement and deal closures.
• Acquisition of Oval Room Group boosts Buildout's CRE marketing capabilities.

What critics are saying

• Emerging PropTech startups offer similar solutions at lower costs, threatening market share.
• Rapid AI advancements may require significant investment to maintain competitive edge.
• Economic downturns could reduce brokers' spending on software solutions.

What makes Buildout unique

• Buildout offers a comprehensive platform for the entire CRE deal lifecycle.
• The platform uses predictive analytics to identify profitable listings quickly.
• Buildout's SaaS model ensures continuous updates and support for users.

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Funding

Total Funding

$8.3M

Below

Industry Average

Funded Over

2 Rounds

$8,000,000

Series A

Jun 2017

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Below Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8M

$8.2M

$15M

$30M

View all funding stages