VTS (company)
VTS Inc (View The Space) is a commercial real estate leasing and asset management platform for landlords and brokerages based in New York City. The company was founded in 2012 by Nick Romito, Ryan Masiello, and Karl Baum. In 2016, the company raised $55 million in Series C funding and in 2019 $90 million in funding which put the company’s valuation at $1 billion.[1] [2] [3] [4] [5]
In 2017, VTS merged with its competitor, Hightower, and the company’s co-founders Brandon Weber, Niall Smart, and Donald Desantis joined ranks with Romito, Masiello, and Baum.[6] In October 2019, VTS acquired PropertyCapsule for $20 million to expand its business to retail customers and launched VTS Retail in January 2020.[7][8] In February 2020, VTS was names a CRE Tech Influencer of the Year by GlobeSt.[9]
VTS Inc is headquartered in New York City, with offices in four other cities and plans to expand into Toronto, Canada.[10][11]
References[edit]
- ↑ "VTS raises $55M for its commercial real estate management platform". TechCrunch. Retrieved 2020-02-04.
- ↑ Yaani, Yulia. "2020: Three Trends In Proptech That Can Propel CRE Forward". Forbes. Retrieved 2020-02-04.
- ↑ Senison, Heather. "VTS CEO Talks Putting Off IPO, Strategy For Spending $90 Million Funding Round". Forbes. Retrieved 2020-02-04.
- ↑ Grant, Peter (2019-05-07). "Real Estate Startup VTS Joins Unicorn Club After New Funding Round". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-02-04.
- ↑ "VTS launches VTS Retail and Retail Advisory Board". nyrej.com. Retrieved 2020-02-04.
- ↑ "Competitors VTS And Hightower Merge In $300M Deal". Bisnow. Retrieved 2020-02-04.
- ↑ "VTS Retail Relaunches Following PropertyCapsule Acquisition". The Real Deal New York. 2019-12-12. Retrieved 2020-02-04.
- ↑ "VTS launches VTS Retail". www.propertyfundsworld.com. 2020-01-17. Retrieved 2020-03-11.
- ↑ "VTS Named a GlobeSt CRE Tech Influencer of the Year". finance.yahoo.com. Retrieved 2020-03-11.
- ↑ "Contact Us". VTS. Retrieved 2020-03-11.
- ↑ Simran Jagdev (August 12, 2019). "Prop-Tech Unicorn VTS Expands into Toronto With Engineering Hub". www.bloomberg.com. Retrieved 2020-03-11.
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