PortEngine
Software ecosystem for public sector real estate.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | N/A | Early VC | |
| Total Funding | 000k | ||
PortEngine, Inc. is a technology company founded by John Laine in 2017 and based in Washington, USA. The firm developed a software ecosystem tailored for the public sector economic development community. The platform's primary offerings include a real estate marketplace and an economic development activity map.
The marketplace facilitates direct principal-buyer-to-principal-seller collaboration for commercial real estate transactions, designed to significantly reduce transactional costs by bypassing traditional realtor intermediaries. The economic development tool is a simplified Geographic Information System (GIS) that integrates with regional permit processing software, allowing municipalities to visualize and analyze future development opportunities.
The company's business model targets municipalities and public sector agencies, offering tools to streamline real estate transactions and economic planning. By 2019, the company had secured $264,000 in funding and participated in startup accelerators, including PitchfestNW and the AcceliCITY program.
Keywords: public sector software, real estate technology, proptech, economic development, GIS mapping, commercial real estate, direct transaction platform, municipal software, land development, real estate marketplace, government technology, CRE tools, permit visualization, urban planning tech, John Laine