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VTS Garners $125M-Plus in CBRE-Led Funding Round
VTS on Tuesday announced a Series E funding round totaling more than $125 million. The funding round is led by existing VTS customer and investor CBRE Group, which is providing $100 million of capital and will join VTS’ Board of Directors. Other investors include BentallGreenOak, AmTrust, Brookfield Ventures, and Insight Venture Partners.
In addition to its capital investment, CBRE will partner with VTS to roll out the VTS Platform as its technology platform of choice for its agency leasing and property management teams starting in the U.S.
“Over the past two years, VTS has undergone a transformative evolution, shifting from a single-product company to a multi-product platform that serves every player in the ecosystem—from landlord to broker to tenant,” said CEO Nick Romito. “This infusion of capital lets us double down there, allowing our customers to offer a completely tailored property experience to their tenants across their entire portfolios.”
- ◦Financing