Growth Funds for Multifamily Property Data Firm Radix

In the US, Radix, an industry data provider and visualization platform for the multifamily residential property sector, has raised $11m in a Series A round of funding, for use in scaling its technology.

Founded in 2015 and headquartered in Scottsdale, AZ, Radix has developed a platform for competitive and performance benchmarking and market research across the multifamily housing sector. Its proprietary SurveySwap solution allows users to see competitor trend data - rents, concessions, traffic, leases and occupancy - without needing to manually gather details or compile a spreadsheet.

The firm's new funding comes from Level Equity. Blerim Zeqiri (pictured), CEO and founder of Radix, comments: 'Of the many VCs we talked to during our fundraising, Level Equity stood apart for its talented and dedicated team and previous experience in helping guide and grow companies to full scale, especially data and SaaS companies'.

Web site: www.radix.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.