Truss, a CRE tech platform, raised $7.7 million in Series A funding to enhance market reach and streamline leasing processes for small tenants.
Target Information
Truss is a technology platform designed to address significant challenges faced in the commercial real estate (CRE) sector, particularly for companies seeking office space under 10,000 square feet. The platform streamlines the leasing process by providing a user-friendly web and mobile interface, allowing businesses to efficiently navigate the search and leasing of office spaces. With the recent close of a $7.7 million Series A funding round, Truss has now raised over $9 million in total capital, which will be utilized to enhance its offerings and market presence.
Founded in response to a crucial need in the market, Truss focuses on simplifying the office search for smaller tenants and landlords. By leveraging innovative technologies, including Matterport’s 3D touring capabilities, the company aims to improve customer experiences while expanding its operational footprint across various cities.
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Industry Overview
The commercial real estate industry in the United States is undergoing a significant transformation, driven by high demand for flexible workspaces and innovative leasing solutions. As businesses increasingly recognize the importance of adaptab
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Navitas Capital
invested in
Truss
in 2023
in a Series A deal
Disclosed details
Transaction Size: $8M