Brookfield Ventures leads VTS' $90 mln Series D financing

VTS, a New York-based leasing and asset management platform for the global commercial real estate industry, has raised US$90 million in a Series D financing. The round was led by Brookfield Ventures, the technology investment arm of Canadian alternative asset manager Brookfield Asset Management. Brookfield is a VTS customer. Other investors included Fifth Wall, GLP and Tishman Speyer. VTS' software platform oversees more than 10 billion square feet of commercial real estate and has a user base of over 35,000. It will use the round's proceeds to enhance its technology and launch truva, an end-to-end leasing marketplace.

7 May 2019•4 mins read
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