AnthemIQ Raises $10 Million to Expand its Real Estate Platform
Kenny Tomlin, Founder and Executive Chairman of AnthemIQ; and Chris Skyles, Founder and Chief Broker Officer
AnthemIQ announced Monday that it had completed a $ 10 million venture capital round.
The Austin-based real estate transaction platform reported that the Series A round was led by Staubach Capital with the participation of other investors. According to Kenny Tomlin, co-founder and executive chairman, the company plans to use the funds for rapid growth and expansion.
Launched in February, AnthemIQ created a digital platform to manage commercial real estate transactions from search to signed lease. It has attracted more than 1,000 users since its inception.
“Customers are using digital platforms to run their own businesses, book trips, interact with their banks and buy homes,” Tomlin said in a press release. “They expect commercial brokers to offer similar solutions with speed, convenience and transparency in order to find and secure their commercial space. Realtors realize this and finally have an end-to-end solution in AnthemIQ. “
According to the company, the new AnthemIQ platform reduces on-site customer visits by 75 percent. It also enables a broker to win more business by increasing the volume of transactions. The marketplace also includes active searches and allows better collaboration between the tenant representative and the leasing agent to identify options and present them to the customer.
“I worked as a tenant agency broker for clients from small family offices to dozens of Fortune 500 companies for nearly twenty years,” said Jeff Staubach. “I’ve never seen a product that can change the way business is done for both the agent and a real estate team. Staubach Capital is pleased to lead this investment round and to participate strategically in the further growth of the company. “
“We are excited to partner with Staubach Capital to bring AnthemIQ to commercial real estate professionals around the world,” said Chris Skyles, AnthemIQ co-founder and chief growth officer, in a press release. Everyone associated with this business, including our stellar investors, believe that AnthemIQ will play a critical role in the digital transformation of the CRE industry. “