This Rise Buildings, Inc.

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This Rise Buildings, Inc. - overview

Established

2016

Location

Chicago, IL, US

Primary Industry

Software

About

Based in the US, This Rise Buildings, Inc. is a property management technology firm that specializes in enhancing tenant experiences and optimizing asset management for commercial real estate owners through its innovative platform. This Rise Buildings, Inc. was founded in 2016 in Chicago, US, focusing on providing advanced solutions for the commercial real estate sector.


The company was acquired by View the Space, Inc. in March 2021 for approximately USD 100 million. Prasan Kale is both the founder and CEO of the company, leading its strategic initiatives. This Rise Buildings, Inc.


offers a comprehensive tenant and resident experience platform, primarily through its flagship product. This solution integrates leasing and asset management functionalities, enabling commercial real estate owners to enhance decision-making capabilities and optimize their portfolios. The platform supports a wide range of clients in the commercial real estate sector, including multi-family units, office buildings, and retail spaces. This Rise Buildings, Inc.


operates on a subscription-based revenue model, allowing clients to access its suite of products through structured agreements. The revenue structure is tied to licensing fees associated with its technology, providing clients with essential tools for managing tenant relationships and operational insights. Following the acquisition in March 2021, This Rise Buildings, Inc. aims to leverage its resources for future growth.


The company plans to develop new products and expand into additional markets, with specific regions targeted for growth. Recent funding will be utilized to support these initiatives, enhancing the company's capability to deliver innovative solutions to its clients.


Current Investors

View the Space, Inc., GLP Pte. Ltd.

Primary Industry

Software

Sub Industries

Web Applications, Analytics & Performance Software, Application Integration Software

Website

www.risebuildings.com

Verticals

Mobile Apps, Real Estate Tech

Company Stage

Add-on

Total Amount Raised

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