TenantBase Closes $10.7 Million Funding Round

Technology-enabled commercial real estate brokerage firm TenantBase, Inc., raised an oversubscribed $10.7 million funding round to simplify the process of finding and leasing office space for small to mid-sized businesses. The round is led by Stonecutter TenantBase Investors LLC, an affiliate of New York-based Stonecutter Capital, and includes follow-on investments from existing investors.  

TenantBase is headquartered in Santa Monica, California, with additional brokerage offices in Atlanta, Dallas, Nashville, and Newport Beach. The company was founded in 2014 to provide the best tech-enabled brokerage experience for a traditionally underserved market in commercial real estate—small to mid-sized business owners looking for commercial space. Its platform is designed  to combine proprietary client-facing technology, internal broker tools, and hands-on local brokerage services.

According to the company, the funding will enable it to hire more engineering talent and continue building their team of market leading brokers.