SquareFoot is an online commercial real estate platform led by CEO and co-founder Jonathan Wasserstrum that helps companies find office space and offers brokerage services and flexible lease solutions. The company provides access to inventory and a flexible space offering, and reports having helped execute over 1,200 leases to date. Earlier in the year SquareFoot acquired PivotDesk, an office-sharing marketplace, and in June introduced FLEX, a solution for companies seeking flexibility on lease terms. The business intends to use new funding to continue to expand operations and broaden its business reach. Financially, the company announced a $16M Series B that brought total funding to more than $29M. SquareFoot is based in New York City. SquareFoot combines proprietary technology with an experienced brokerage team to modernize the commercial leasing process. Its web and mobile platform lets prospective tenants view availabilities, receive smart selections, narrow options, schedule tours, share documents, and communicate with in-house brokers in real time. Founded in 2012 and based in New York City, the company has supported hundreds of established institutions and startups, including Yale University, Casper, Roivant, City Block, and Dr Smood. In April 2018 SquareFoot raised $7M in a Series A financing. The company will use the capital to accelerate expansion within New York City, launch additional U.S. markets, and expand offerings to property owners.

Total raised

$25M

Funding rounds

3

Latest round

Series B

Latest activity

Nov 2019