Engrain, a Denver, CO-based supplier of interactive mapping expertise and information visualization software program for the constructed setting, raised $12m in Sequence A funding.
The spherical was led by RET Ventures.
The corporate intends to make use of the funds to put money into a variety of platform enhancements, together with an modern market with automated processes round license administration and sharing property maps with distributors, add pathfinding capabilities for guests to navigate essentially the most environment friendly paths across the property and surrounding group — a device for potential residents, supply personnel, contractors and upkeep employees.
Led by CEO Brent Steiner, Engrain has developed product traces that embrace TouchTour®, Asset Intelligence, and its flagship product, SightMap®, an interactive, content-rich property map that embeds seamlessly into property web sites to allow renters to pick out their particular condominium. All merchandise leverage its Unit Map® expertise, an open map API permitting any software program software to make use of property maps to show unit-level information.
Utilizing its Maps-as-a-Service SDK and API library, the corporate has established integrations with a formidable ecosystem of dozens of tech platforms, together with all main ILS, self touring and property administration platforms. By these integrations, Engrain’s maps improve the touring, wayfinding, leasing and enterprise intelligence / information visualization processes at 1000’s of properties nationwide.
Since inception in 2009, the corporate’s proptech software program and touchscreen touring options have been adopted by 8,000 multifamily and three,000 self storage properties, comprising over 5 million items.
FinSMEs
16/03/2023
