CompStak, a commercial real estate transaction data and analytics provider, accrued $12 million in its Series B financing round. IA Capital led the round with participation from existing investors Canaan Partners, RealPage, Inc., and 500 Startups. The investment brings CompStak’s total funding since its launch in 2012 to $28 million, including a strategic investment from Moody’s in 2017.
According to the company, this funding is the culmination of a tremendous year for CompStak, which began with its partnership with Moody’s Analytics, and included the rollout of CompStak’s Sales Comp platform, the launch of CompStak Analytics, and recent partnerships with DealPath and TransitScreen.
The company plans to use the funding to continue to accelerate growth into new product segments, expand the Exchange platform member base, acquire top talent, and propel revenue and customer growth.