Northspyre

Northspyre

Cloud-based platform for real estate project management

About Northspyre

Simplify's Rating
Why Northspyre is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Real Estate

Company Size

51-200

Company Stage

Series B

Total Funding

$32.5M

Headquarters

New York City, New York

Founded

2017

Overview

Northspyre provides a cloud-based intelligence platform that helps real estate professionals manage development, capital, and asset projects more effectively. The platform uses automation and data analytics to offer insights that support quicker and more informed decision-making. It caters to a variety of clients in the real estate industry, such as developers and asset managers, by offering subscription-based access to its project management tools. What sets Northspyre apart from its competitors is its focus on streamlining project workflows and reducing risks through proactive insights. The company's goal is to enable real estate professionals to achieve predictable outcomes in their projects.

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Simplify's Take

What believers are saying

  • Northspyre 2.0 enhances project delivery, increasing customer retention and acquisition.
  • Winning the 2025 Stevie Awards boosts Northspyre's reputation and credibility.
  • Integration with Yardi attracts clients seeking streamlined processes.

What critics are saying

  • Competition from Procore and PlanGrid threatens Northspyre's market position.
  • Economic uncertainty may reduce investment in real estate projects, impacting revenue.
  • Rapid tech advancements could outpace Northspyre's feature integration capabilities.

What makes Northspyre unique

  • Northspyre integrates Yardi software, reducing administrative work and improving efficiency.
  • The platform offers GenAI tools for optimizing construction bidding, reducing costs.
  • Northspyre's Capital Management solutions help developers navigate complex financial landscapes.

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Funding

Total Funding

$32.5M

Below

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Comprehensive Medical, Dental, and Vision

401k Match

Unlimited Vacation, Paid Sick Leave, and major US Holidays

$45 monthly stipend towards ClassPass (fitness/spa)

Awesome company swag!

Free access to Health Advocate

Remote-first work environment

Annual team gatherings

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

0%
Joplin Globe
Mar 10th, 2025
Northspyre Receives the 2025 Stevie Awards for Excellence in Sales and Customer Service

Northspyre receives the 2025 stevie awards for excellence in sales and customer service.

Business Wire
Mar 10th, 2025
Northspyre Receives the 2025 Stevie Awards for Excellence in Sales and Customer Service

Northspyre receives the 2025 Stevie Awards for excellence in sales and customer service.

Chronicle-Tribune
Jun 12th, 2024
Northspyre's New Capital Management & Portfolio Analytics Solutions Aid Developers Navigating Today's Complex Financial Landscape

Northspyre, the leading real estate development platform for project delivery and capital management, today announced the launch of two new products - Complex Capital Management and Portfolio Analytics Plus.

GlobeSt
Mar 5th, 2024
Northspyre Launches GenAI Tool to Optimize Construction Bidding

Northspyre launches genai tool to optimize construction bidding.

Yahoo Finance
Oct 24th, 2023
Introducing Northspyre 2.0., An Intuitive Real Estate Development Platform for Navigating This Challenging Market Cycle

NEW YORK, October 24, 2023 --( BUSINESS WIRE )--Today Northspyre, a real estate development platform designed for real estate project teams to deliver asset management, capital, and development projects on time and on budget, announced the launch of Northspyre 2.0 - an enhanced and more sophisticated project delivery platform tailored to meet the needs of new and existing customers.

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