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Bowery Valuation provides commercial real estate appraisal services using a proprietary tech platform that speeds up and improves property valuations. Its platform blends data analytics and a public records database with an in-house team of appraisers to produce accurate and consistent appraisal reports. The service works by analyzing real estate data, combining it with traditional appraisals conducted by its staff, and delivering faster turnaround and better pricing compared to traditional firms. Bowery Valuation differs from competitors by tightly integrating technology with human expertise to streamline the appraisal process rather than relying on manual, paper-based methods. Its goal is to offer reliable, fast, and cost-effective property valuations for lenders, owners, and operators in the commercial real estate market.
Industries
Data & Analytics
Consulting
Enterprise Software
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$78.1M
Headquarters
New York City, New York
Founded
2015
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Total Funding
$78.1M
Below
Industry Average
Funded Over
7 Rounds
Industry standards
Health Insurance
Dental Insurance
Life Insurance
Disability Insurance
Paid Vacation
Commuter Benefits
Company Social Events
Stock Options
Parental Leave
Professional Development Budget
Bowery Valuation, a New York-based technology-enabled commercial real estate appraisal firm, closed a $16.3M extension of its Series B funding.The round, which brought total funding to over $80m, was led by Goldman Sachs Asset Management, with participation from Curql Collective and existing investors Capital One Ventures, Stepstone Group, Builders VC, Fika Ventures, Navitas Capital, Camber Creek, and Nine Four Ventures. The company intends to use the funds to further national expansion, fulfilling plans to open offices in the Midwest, Southwest, and Southeast.Led by Founders and Co-CEOs John Meadows and Noah Isaacs, Bowery Valuation is a technology-enabled commercial real estate appraisal firm which leverages an in-house team of appraisers and tech-driven end-to-end software solutions. By leveraging public record integration, a mobile inspection app, natural language generation, and exhaustive databasing, the company’s proprietary report writing technology streamlines the appraisal process, enabling faster turnaround times, enhanced accuracy, and improved efficiency for its clients. Since Bowery Valuation raised its initial Series B, the company has expanded its presence from just two markets to nine markets across the country and added over 750 new clients. FinSMEs18/07/2023
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Industries
Data & Analytics
Consulting
Enterprise Software
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$78.1M
Headquarters
New York City, New York
Founded
2015
Find jobs on Simplify and start your career today