Archer RE Inc

Based in California, US, and founded in the year 2019 by co-founder and CEO Thomas Foley, Archer RE Inc. , a. k. a.

Archer operates as a real estate technology company that focuses on providing predictive acquisition software that helps real estate investors, brokers, and lenders match specific investment strategies with actionable properties. In June 2024, Archer RE Inc. raised venture funding led by a Portland Seed Fund, with participation from Rogue Venture Partners and MMC Technology. The company provides AIM, a predictive acquisitions software for real estate investors, lenders, and brokers to select optimal markets through a data-driven approach, using a location recommendation engine to compare and rank sub-markets.

The software’s deal sourcing tools access on- and off-market deals and utilize seller propensity scores and match scores to identify opportunities. The software also allows users to underwrite deals, with built-in cash flow forecasting and an Excel add-in for custom models. The company generates revenue from the subscriptions to its software packages, which are Starter for up to USD 100 million in transactions, Pro for USD 100 million to USD 1 billion in transactions, and Enterprise for over USD 1 billion for more than USD 1 billion in annual volume transactions. The company plans to use its proceeds from June 2024 funding to enhance its data-driven investment decisions and continuous innovation in real estate analysis.