VTS offers a multi-product commercial real estate platform (VTS Lease, VTS Rise, VTS Data, VTS Market) that delivers real-time market information and executional capabilities for landlords, brokers, and tenants. The platform captures the industry’s largest first-party data set and is used by 19 of the 20 largest global asset managers. VTS’s metrics include management of over 300,000 tenant companies, more than 87,000 properties across 40+ countries, a user base of over 45,000 CRE professionals, and execution of over $31 billion of leases in 2021 with over 2 billion square feet added. The company reports coverage of more than 60% of Class A U.S. office space and 12 billion square feet of office, retail, and industrial space managed through the platform globally. VTS plans to accelerate product innovation, pursue strategic acquisitions, and expand its team in the U.S., U.K., and Canada using the newly raised capital. VTS offers a centralized leasing, marketing, asset management, and tenant experience platform for commercial real estate professionals. Its software lets landlords and brokers track leases, assets, and tenants and delivers real-time insights and reporting through products such as VTS Data, Market/Marketplace, and VTS Rise. The platform is used by over 45,000 brokers and asset managers and manages roughly 12 billion square feet of office, retail, and industrial real estate globally, covering more than 60% of U.S. Class A office space. VTS says the capital will accelerate investments in its strategic product roadmap, support M&A activity, and fund global market expansion. The company has positioned the platform as the industry’s largest first-party data source to fuel faster, more informed decision making. VTS provides a leasing and asset management platform for commercial real estate landlords, brokers, and tenants that centralizes leasing workflows and real-time portfolio insights. The platform manages more than 10 billion square feet of office, retail, and industrial assets and has a user base exceeding 35,000, with clients including Blackstone, Brookfield, GLP, LaSalle, Hines, Boston Properties, Oxford, JLL, and CBRE. VTS says customers convert leads to leases 41% faster using its tools and in 2018 launched VTS MarketView, a real-time benchmarking and market analytics product. Proceeds from the latest round will be used to deepen investment in the platform domestically and internationally and to accelerate the launch of truva, an end-to-end commercial real estate leasing marketplace expected later this year. The company positions itself as the category leader for leasing and asset management technology in commercial real estate. VTS operates a commercial leasing and asset management platform that lets landlords, brokers, and tenant representatives track leasing trends, manage negotiations, monitor marketing performance, and run leasing pipelines. The company reports its platform manages about 2.7 billion square feet of real estate and includes roughly 80% of the top 10 global investment managers as customers. VTS is growing 100% year-over-year. It raised a $55M Series C led by Insight Venture Partners, bringing total funding to $84M. VTS plans to use the funding to fuel global expansion—targeting EMEA and APAC markets beginning with Germany, the Netherlands, and Sydney—and to continue product development. The company aims to become the industry-standard platform for commercial real estate, combining software and the data it generates to improve client performance. VTS provides a platform where brokers, owners, and investors can collaborate in real time and from any device, centralizing information about available spaces and prospective clients. The platform includes an analytics dashboard that aggregates data on specific buildings, tenants, and market trends to inform leasing and portfolio decisions. VTS reports around 1.5 billion square feet being managed on its platform and is used by large landlords and brokerage firms including Blackstone and JLL. The company was previously known as View The Space and was founded by former commercial brokers Ryan Masiello and Nick Romito. VTS plans to use new funding to boost growth in the U.S. and expand internationally, with offices in Sydney and London slated to open before the end of the year. Management says the company is growing at a pace far faster than anticipated.

Total raised

$451M

Funding rounds

7

Latest round

Series E

Latest activity

Sep 2022