Citi Ventures and Wells Fargo Strategic Capital have taken part in a $60m series D round for Reonomy, nearly doubling the proptech developer’s total equity to $128m.
US-based property technology developer Reonomy raised $60m in a series D round today featuring financial services firms Citi and Wells Fargo.
Georgian Partners led the round, which also included Untitled Investments, Sapphire Ventures, Bain Capital and Primary Venture Partners.
Citi and Wells Fargo invested through corporate venturing unit Citi Ventures and investment arm Wells Fargo Strategic Capital, respectively.
Founded in 2013, Reonomy has built a platform that exploits big data and machine learning technologies to analyse disparate information about commercial…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
