Haystacks.AI, a New York-based data aggregation and intelligence platform for real estate investors, announced a $5 million seed round led by Streamlined Ventures and Colle Capital.
Also participating in the funding round were Adit Ventures (Genesis Fund) and leading real estate executives (listed alphabetically), Brad Chambers, Jeff DiModica, Jeff Dishner, Brian Finerty, Jim Ketai, Ron Kravit, and Andrew Yoon.
The new funding will immediately accelerate the Company’s product development and expansion efforts for its REMaaS (real estate management as a service) offering as the flow of institutional capital continues to follow technology-enabled and data-backed investment capabilities.
Company: Haystacks.AI
Raised: $5.0M
Round: Seed Round
Funding Month: December 2021
Lead Investors: Streamlined Ventures and Colle Capital
Additional Investors: Adit Ventures, Brad Chambers, Jeff DiModica, Jeff Dishner, Brian Finerty, Jim Ketai, Ron Kravit, and Andrew Yoon
Company Website: https://haystacks.ai/
Software Category: real estate intelligence platform
About the Company: Founded in January 2021, Haystacks.AI is a leading real estate intelligence platform that facilitates the entire real estate investing lifecycle. Haystacks.AI is a platform that utilizes AI and ML to collect and analyze massive amounts of data to provide enhanced insights for fund managersHaystacks.AI layers in numerous sources of unstructured ancillary/alternative data, including sentiment data, on top of primary structured real estate data, to augment investment decisions at scale and identify new opportunities for asset classes such as single-family rentals, where data remains opaque.
Source: https://www.businesswire.com/news/home/20211216005226/en/Haystacks.AI-Secures-5-Million-In-Seed-Funding-Led-by-Streamlined-Ventures-and-Colle-Capital