NEW YORK, NY – August 20, 2024 – Berkadia announced today that Market Stadium, a real estate analytics startup that is part of the BeEngaged network, has closed a $1 million Pre-A round to expand its property details, advanced data analytics, and AI integration services for real estate investors.
The all-in-one location analytics platform provides comprehensive data and analytics to real estate investors and developers. The round was led by three major venture capital firms: Laguna Investments, Seoul Techno Holdings (a VC investor affiliated with Seoul National University, the top university in Korea), and Lotte Ventures (the venture capital arm of LOTTE Group, a leading multinational corporation with over 90 subsidiaries in various industries, including retail, F&B, chemical, and construction).
“Securing this funding is perfectly timed to propel us toward our goals,” said Dennis Lee, CEO & Co-founder of Market Stadium. “Our mission is clear: to deliver unparalleled customer service through a state-of-the-art platform that empowers investors to maximize their returns efficiently, saving both time and resources.”
“The closing of this funding is a testament to what the BeEngaged network is all about,” said Nyberg. “As the industry continues to evolve, platforms like this will play a crucial role in shaping the future of CRE by providing valuable insights to both investors and developers.”
Market Stadium offers a wide range of data and analytics with high degrees of freedom, including:
- Market Metrics: Access to over 500 real estate-related metrics such as demographics, venture capital funding, university R&D funding, high-tech job employment and openings, property view scores, and more.
- Property Details: Information on owners/sellers, property specifics, and sales/assessment history.
- Urban Research: Insights into gentrification, climate risk index, commute patterns, employment hubs, and retail corridors.
- Advanced Data Analytics: Tools designed to help investors avoid competition and achieve higher returns.
Market Stadium focuses on saving time and budget for Single-Family Rentals (SFR), Build-to-Rent (BTR), and Multifamily investors and developers. Key benefits of using Market Stadium include:
- Custom Location Scores: Create personalized location scores to identify the next investable locations across the US.
- Deal Screening: Expedite the screening of deals.
- Investor Narratives: Develop compelling narratives for investors using over 500 real estate-related metrics.
- Unique Urban Research: Leverage in-depth urban research (gentrification, climate risk index, commute patterns) for higher returns.
- Innovative Analytics: Conduct innovative analytics with just one click to maximize returns.
Market Stadium’s latest funding will enable the company to further enhance its platform, providing even more value to real estate investors and developers.
About BeEngaged:
Launched in 2019, the BeEngaged program advises and accelerates startups that are redefining the commercial real estate industry by providing them with resources, strategic counsel, and a collaborative network to test and grow innovative concepts. Since then, the organization has accelerated more than a dozen CRE tech startups, including Esusu.
The BeEngaged program offers three phases of increasingly close collaboration and experimentation with startups across the commercial real estate industry: BeEngaged Network®, Verified Status, and the BeEngaged Lab®. The BeEngaged Network® develops an ecosystem of founders, industry professionals, and capital providers dedicated to redefining the commercial real estate space. Companies participating in the BeEngaged Network® that have proven potential for long-term growth and industry transformation can be invited to seek Verified Status (VP). This stage provides company founders with focused mentorship for validating strategic alignment to participants of the BeEngaged ecosystem through experiments and pilots. Successful VP companies are invited to join BeEngaged Lab®, which is a catalyst for founders and Berkadia to collaborate on long-term initiatives.
To learn more about BeEngaged, click here.