New York based commercial real estate fintech company CrediFi has raised $13m in Series B funding led by Liberty Interactive's Liberty Israel Venture Fund. CrediFi’s mission is to bring information transparency to the Commercial Real Estate industry.
CrediFi stated its data platform covers $13 trillion in commercial real estate debt in the U.S. The company also noted its cloud-based data services enables visibility into both deal origination and risk oversight. CrediFi CEO, Ely Razin, stated: “Step one to improving this vast, $15 trillion market is to create transparency in understanding borrowers, lenders and commercial properties on an ongoing basis. We’ve proven we can. The next step is to arm brokers, lenders, and borrowers with a next generation of tools to help them even further. Our loans database includes recently added agency data sets from Freddie Mac, HUD, LIHTC, and SBA, among others, which for the first time are aggregated on a single platform alongside the worlds of balance sheet and securitized CRE loans.”