Real Estate Data Platform Cherre Raises $9 Million in Seed Funding to Accelerate Expansion

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Cherre, a real estate data platform, today announced that it has closed a $9 million seed funding round led by Navitas Capital. Cherre provides large enterprises, insurance companies, banks and investors with a platform to collect, augment, and resolve property data in real-time from thousands of public, private, and internal sources, allowing them to evaluate investment and underwriting opportunities more accurately and efficiently than ever before. "In less than a year since formally launching its platform, Cherre has already revolutionized the way financial institutions, insurance companies, real estate brokerages and other large businesses process and analyze massive stores of data every day," said Navitas Capital Managing Partner Jim Pettit. "With the backing of Navitas and other investors, the platform will be in pole position to bring its streamlined real estate data services to an exponentially growing roster of clients." In addition to Navitas Capital, the funding round was also joined by Carthona Capital, iLOOKABOUT, Dreamit Ventures, and Red Swan Ventures.