New York & Tri-State + Finance | April 27, 2021

Cherre Raises $50M in Growth Funding

Cherre, a Midtown Manhattan-based real estate data management and analytics platform, has raised $50 million in growth funding led by Trustbridge Partners. Additional participants include new investors Glilot Capital Partners and former Goldman Sachs Vice Chairman Mark Schwartz, along with current investors Intel Capital, Navitas Capital, Carthona Capital, and an expanded growth relationship with Silicon Valley Bank.

This new round will enable Cherre to continue expanding platform offerings, introduce and integrate additional partner data sets and applications, launch its customer advisory board and grow the team to support its rapid customer growth.
 
Lior Litwak, managing partner at Glilot and Head of Glilot+, the firm’s early growth fund, said, “CRE is a massive sector that continues to grow quickly across the globe, yet it lacks the digital data infrastructure of other financial sectors. We believe that Cherre has built the right solution for addressing the data needs of all CRE players.” 

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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 13-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 15-20 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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