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Biproxi Seeks to Become the Zillow of CRE
San Diego-based Biproxi raised $10 million in a seed funding round led by Greycroft. The transaction platform is seeking to become the Zillow of commercial real estate. Additional investors included NKF, RPM Ventures, and the National Association of Realtors.
The funding was announced alongside the launch of the company’s newest product, Biproxi Off Market, a first of its kind algorithmic-based data platform that provides instant property and valuation data on over 32 million off-market commercial properties. Designed for brokers, buyers, and tenants, the platform allows users to access detailed property data, historical sales data, assessed property values and financing history for middle-market commercial properties valued up to $25 million.
Biproxi’s Gordon Smith says, “Until now, accessing transaction history or the current market value of a commercial real estate property requires an expensive data subscription. Biproxi has simplified this process providing investors and agents tools to list, market, and transact faster with better information on one platform.”
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- ◦Sale/Acquisition
- ◦Sale/Acquisition




