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New York & Tri-State  + Downtown New York  + Finance  | 

Bowery Valuation Completes $35M Series B Round

Bowery Valuation, a Lower Manhattan-based, technology-enabled commercial real estate appraisal firm, has completed $35 million in Series B funding led by the Growth Equity business within Goldman Sachs Asset Management. 

Capital One Ventures and existing investors including Builders VC, Fika Ventures, Navitas Capital, Camber Creek, Nine Four Ventures, Greenspring Associates, and Alpaca VC also participated. The investment brings Bowery’s total funding to $66 million following the $20 million in Series A venture funding it received in 2019.

“The positive response we’ve received about our service and reports produced on our proprietary appraisal platform from banks and other lenders, commercial real estate owners, and investment funds has been overwhelming,” said co-CEO John Meadows. “The funding we are announcing today will enable Bowery to meet the increasing demand for fast, accurate, quality appraisals as the commercial real estate industry emerges from the COVID pandemic.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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