CompStak Lands $4,450,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b1635d4a-d2a7-4301-a74b-5ba17a370500&Preview=1
Date
4/11/2013
Company Name
CompStak
Mailing Address
36 Cooper Square, 4th FL, New York, NY 10003
Company Description
CompStak uses a crowd-sourced model to gather real estate information that is hard to come by, difficult to compile, or otherwise unavailable. CompStak’s wedge into the market is a platform for the exchange of commercial lease comps. Brokers, landlords, appraisers and researchers use their site, and submit comps on completed commercial lease transactions. Users receive points for submitting comps, and may use those points to buy other comps.
Website
http://www.compstak.com
Transaction Type
Venture Equity
Transaction Amount
$4,450,000
Transaction Round
Series A
Proceeds Purposes
Mandel said the funds would be used to expand Compstak beyond the initial markets of New York City and the San Francisco Bay Area.
M&A Terms
Venture Investor
Canaan Partners
Venture Investor
500 Startups
Venture Investor
Founder Collective
Venture Investor
Expansion Venture Capital