Automation, data analytics and artificial intelligence long existed in the finance and tech industries. One industry that has fallen behind leveraging data and technology is Commercial Real Estate.
Northspyre is a real estate project management software that helps developers and internal real estate teams use data, automation, and artificial intelligence to make more informed decisions on projects.
The company has shown its real value during COVID-19. The commercial real estate industry got hit hard in 2020, yet Northspyre had a strong year. With the pandemic influencing budgets and timelines, real estate project teams have depended on leveraging data and technology more than ever.
Northspyre's success continued into 2022 when it raised $25 million in Series B funding. It also released Northspyre AI in 2024, an industry first that uses AI to drive down costs by identifying gaps in the bidding process and discovering new saving opportunities. As real estate weathers financial storms, intelligent platforms like Northspyre's will continue to grow.
Steph
Company Specialist at Welcome to the Jungle