Engrain, a vendor of interactive mapping and data visualization, announced that it had closed a $12 million Series A round from RET Ventures. That makes a total of $16.7 million in funding to date with seed rounds in 2019 and 2020, according to startup data source Crunchbase.

The news comes on top of an additional announcement that Zillow had integrated the company's software to provide visual location information at its site on apartments and amenities on 3,600 multifamily properties.

"With this capital in hand, Engrain will invest in a wide range of platform improvements, including an innovative marketplace with automated processes around license management and sharing property maps with vendors," a press release stated. "Engrain will also add pathfinding capabilities for visitors to navigate the most efficient paths around the property and surrounding community — a valuable tool for prospective residents, delivery personnel, contractors and maintenance staff."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.