Leaseup
Brokers streamline their workflows and deliver a modern, polished client experience.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
N/A | Seed | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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LeaseUp operates a deal platform tailored for the commercial real estate (CRE) sector, specifically addressing the workflow needs of tenant representation brokers. Founded in 2019 by Kurt Chisholm, the company is headquartered in Boston, Massachusetts. Chisholm, now the CEO, transitioned into the technology space after a career in commercial real estate, including a role as Vice President at Thompson Hennessey & Partners. This direct industry experience informed the company's focus on solving the persistent inefficiencies in the CRE transaction process.
The company's primary business is providing a subscription-based software-as-a-service (SaaS) platform. This model generates revenue through licenses sold to brokerage firms. LeaseUp targets the more than 40,000 CRE brokers in the national market, aiming to digitize a workflow traditionally bogged down by manual data entry and fragmented communication across multiple documents and emails. The platform is designed to manage the entire deal lifecycle, from initial site selection and market surveys to property tours and document signatures. It centralizes project information, allowing brokers to create, organize, and share deal-related assets like surveys and tour books with their clients through a single, collaborative, mobile-friendly portal.
Key features of the LeaseUp platform include flexible data management, which allows brokers to import market data from various sources, including CSV files, and customize how that information is presented to clients. The platform incorporates AI-enabled workflows to streamline manual tasks and features for creating polished, branded marketing materials. For end-clients, such as tenants, the benefits include a more seamless collaboration process with their brokers, with access to organized data and messaging features. In July 2024, LeaseUp announced a seed funding round led by 11 Tribes Ventures, with plans to use the capital to enhance its platform, invest in AI and machine learning, and expand its team.
Keywords: commercial real estate technology, CRE broker software, tenant representation platform, CRE deal management, PropTech, real estate transaction software, broker enablement tool, site selection software, digital property tours, real estate data management, lease analysis software, Kurt Chisholm, CRE workflow automation, real estate SaaS, brokerage software, client collaboration portal, market survey generation, tour book creation, commercial leasing, real estate analytics