What does VTS do?
VTS, is a commercial real estate management platform which gives asset managers and leasing teams a single platform for tracking deals, managing space and collaborating seamlessly. It was formerly called as the “View The Space”, it is a rapidly growing real estate tech company. This platform is a commercial real estate tool developed for streamlining and expediting the leasing process via high definition video tours, reported analytics and distributing said tours. It enables the brokers in operating in a very efficient way, by pre-qualifying the leads. This will result in increasing the productivity for all the parties who are involved in the process of leasing, enabling landlords in making more informed decisions with respect to their properties.
How much VTS was funded?
VTS raised $21M in Series B funding on July 15, 2015 from OpenView Venture Partners (Lead) and Trinity Ventures
Previous fundin
$700k in Seed round on June 28, 2012
$7M in Series A funding on December 2, 2013 from Trinity Ventures(Lead), Alex Krug, 500 Startups, Greg Waldorf, Benjamin Ling and Thomas Byrne
$3.3M in Venture round on January 14, 2015 from Blackstone Group and Nick Romito
What is next for VTS?
VTS plans to use the funding to boost its growth in the U.S. and to expand internationally, with offices in London and Sydney to be opened before the end of 2015. The company wants to be at the place where all commercial real estate happens.
More about VTS
VTS was founded in 2011 by Ryan Masiello and Nick Romito. It has its headquarters in New York, NY. It is already operating in 14 major markets across USA and it is working to become the industry standard in Commercial Real Estate Technology. It is the new standard in commercial leasing. The company is delivering asset managers and their leasing teams a single platform for dealing flow, managing space and collaborating seamlessly.