L.D. Salmanson Cherre CEO (YouTube)
Cherre is an Israeli startup that offers a real estate data management and intelligence platform. The company raised $30 million in a Series C round of investment led by HighSage Ventures, a permanent capital-backed investment firm.
This funding allows Cherre to invest in expanding its data intelligence and insight capabilities. This will enable us to provide clients with state-of-the-art tools that help them take control of their data, improve data quality, gain valuable process insights, and develop a flexible target operating model for future competitive advantage.
“Cherre is well on its way to becoming the foundational data platform for the real estate industry,” noted Nicholas Appelo of HighSage Ventures. “HighSage is thrilled to back L.D., an exceptional visionary leader, and his world-class team. This round positions Cherre to capitalize on the vast opportunity to provide real estate investors, lenders, and service providers with data intelligence capabilities that improve underwriting processes and streamline operations.”
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Cherre’s data management and intelligence platform tackles a critical issue in the real estate industry: the lack of transparency and interoperability in data pipelines. By enabling observability, validation, and error remediation throughout the data value chain, Cherre helps clients build a foundation of trusted data. This high-quality data can be used for analysis, reporting, modeling, app development, and informed decision-making. With a solid financial foundation, a mature organization, and a commitment to innovation, Cherre is well-positioned to continue its growth and make a significant impact on the market.
“We help real estate organizations leverage data to flexibly grow and scale in ways they wouldn’t otherwise be able to do today,” said L.D. Salmanson, Cherre CEO and Co-Founder. “This round gives Cherre the power to further invest in maximizing the ways we provide our clients the tools needed to manage, consume, and leverage their data for trusted insights that lead to a sustainable competitive advantage.”
