Occupier, a lease management software solution for commercial real estate tenants and brokers, has raised USD11 million in its Series A fundraising round.
The round, which was co-led by OMERS Ventures and Stage 2 Capital with participation by seed stage investors Alate Partners and Metaprop, brings the total raised by Occupier to date to USD16 million.
The company has created an intelligent tech stack for real estate management from the tenant’s perspective, automating the complicated process of lease administration, lease accounting and transaction management.
Occupier plans to double its team, hiring engineering, product, sales, customer success and marketing professionals. Funds will also be used to add new features like payment processing, third-party integrations, and data customisation.
