Juniper CEO Alex Robinson has a vision for the future, where managers can "focus exclusively on managing real estate while building relationship with possible investors, with software and services taking care of the routine operational tasks associated with raising and managing outside capital.”
Proptech startup Juniper Square announced recently that it has raised $25 million to fuel its software platform for commercial real estate investment firms.
Over the last four years, the San Francisco-based startup has added more than 150 market-leading investment firms as customers, including Gaw Capital, PCCP, LLC, Rockpoint Group, Rockwood Capital, Stockbridge Capital and Tishman Speyer, the company said. Juniper Square is used to manage nearly 10,000 real estate investments, and more than $50 billion of capital is being raised across nearly 500 active offerings on Juniper Square.
To date, Juniper has raised $33 million in venture capital. The most recent funding round was led by Ribbit Capital and included participation from Felicis Ventures.
The funding will further accelerate the company’s growth, said Juniper CEO Alex Robinson.
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