London-based property technology firm REalyse has secured a seven-figure investment from independent asset manager BOOST&Co, which is set to fund major growth and create several new jobs.
REalyse will use the investment to grow its sales division following the successful delivery of a number of significant projects for blue-chip clients such as British Land, Lloyds Banking Group and JLL. The business is set to create three additional sales roles, adding to its current headcount of 26, with potential for further expansion in the coming months.
Founded in 2016, REalyse is the UK’s most powerful residential data and analytics platform, combining all residential data sets, such as land information, market data and achieved rents, enabling real estate agents and developers to make more informed, data-driven decisions.
BOOST&Co has chosen to work with REalyse due to its rapid growth as a software-as-a-service (SaaS) business with market-leading unit economics, as measured by lifetime customer value, annual contract value and low customer acquisition costs. REalyse’s impressive blue-chip customer roster and high retention rates were also recognised by the lender.
Gavriel Merkado, founder and CEO at REalyse, says: “Our powerful systems are revolutionising the residential real estate market, using cutting-edge data to provide much-needed clarity for sector professionals informing “where, when and what to build” considerations. We are thrilled to have secured this latest investment, which will be used to expand our team and, through that, our reach, enabling us to support more and more residential real estate professionals stay ahead in an increasingly-competitive market.”
Adam Brinn, Head of London and East at BOOST&Co, says: “It has been a pleasure to work with Gavriel and the team at REalyse on this recent financing round, which will support the organisation’s ambitious growth plans in the coming years. Our funding will be used to invest in the creation of new jobs in sales and marketing, as well as to support the ongoing development of REalyse’s platform.”