About

Founded

2017

Headquarters

Brooklyn, New York

Industry

Construction

Company Description

Northspyre is a cloud-based intelligence platform that empowers real estate professionals to attain predictable outcomes on development, capital and asset projects across real estate project types. It leverages the power of automation, data analytics and proactive insights to help you make better and faster decisions - whether it's on one complex project or several different portfolios.

Quick Links

Website Jobs

Funding

Total Raised

$32.5 million

Valuation

Undisclosed

Significant Investors

CRV, Craft Ventures, Tamarisc Ventures

Company Traction

As of July 2023, Northspyre has facilitated over $7.5 billion in complex projects, up from $44 billion in February 2022.

As of July 2023, Northspyre claims customers are seeing an 80% increase in efficiency with administrative tasks and a 66% reduction in project overruns.

As of February 2022, Northspyre reported 6x growth since May 2020, 91% growth margins, 130% net revenue retention, and 130 customers.

Leadership Team

William Sankey: Co-Founder, CEO, and CPO at Northspyre. Former Senior Project Manager at Madison Realty Capital.

Matthew Phinney: CTO at Northspyre. Former Staff Software Engineer at Ripple.

Neil Griffin: VP at Northspyre. Former Real Estate Development and Construction Consultant at KOW Building Consultants.

Pete Barnett: Director of Product at Northspyre. Former Product Manager at Boeing.

Sara McCune: Head of People at Northspyre. Former VP of People at Elemy.

Press

TechCrunch (March 30, 2023): Pitch Deck Teardown: Northspyre’s $25 million Series B deck

Commercial Observer (October 11, 2022): Why Developers Who Use Northspyre Might Never Use Another Spreadsheet

Bloomberg (February 11, 2022): Northspyre Raises $25 Million in Series B Funding To Fuel Its AI-Powered Solution for Real Estate Developers

Northspyre