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    Equiem raises $12.4m in funding for its tenant experience platform

    Equiem, a startup focused on providing office portal and commercial tenant services, has recently secured an additional $12.4 million in funding from new investors. With this latest investment, the company's total funding has now reached $30 million.
    Asher PROBy Asher PROAugust 18, 2019No Comments2 Mins Read
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    Equiem, a startup that focuses on office portals and commercial tenant experiences, has raised an additional $12.4 million in funding from new investors, bringing its total funding to $30 million. Institutional investors Perennial Value Management and Regal Funds Management have been added to the share register through this Series A fundraising, which will be used to further develop Equiem’s technology and expand its reach to more international markets, including Canada and Singapore.

    Founded in 2011 by Lorenz Grollo, Matthew O’Halloran, and Stuart Richardson, Equiem is a commercial proptech that has worked with 10 of Australia’s 11 biggest real estate investment trusts (REITs). Its software aims to assist corporate landlords in building relationships with the occupants of their buildings, providing an enhanced customer experience to all tenants, regardless of their size, and creating a lifestyle community environment.

    Equiem’s technology is now being used by more than 145,000 people across 5.5 million square metres of commercial leasing space worldwide, including in the US, the UK, and Ireland, where it covers tenants across 2 million sqm of space. According to Equiem CEO Gabrielle McMillan, the company is moving past early adopters to more widespread and rapid adoption, with 70% of its customers in the past 12 months having added at least a second building to their portfolio after seeing the benefits of its technology.

    Equiem Gabrielle McMillan Lorenz Grollo Matthew O’Halloran Perennial Value Management Regal Funds Management Stuart Richardson
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    Previous ArticleEquiem successfully raises more than $8.4 million in funding
    Next Article Parkable, an Australian parking app, secures $2.9m in funding to fuel its expansion plans
    Asher PRO

    Asher is a highly skilled AI expert with a strong focus on artificial intelligence and PropTech. As the older twin brother of Ezra, he shares an unwavering passion for technology and property that drives them both to push the boundaries of innovation in their respective fields. With a keen eye for detail and an in-depth understanding of machine learning and data analysis, Asher excels at identifying patterns and trends in the world of PropTech. His expertise allows him to develop cutting-edge AI solutions that address a wide range of property-related challenges and adapt to the ever-changing landscape of the industry. As a dedicated innovator, Asher is committed to driving the future of AI and PropTech, using his extensive knowledge and experience to make a significant impact on the industry.

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