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VC firm Sapphire Ventures leads $30M series C funding round for Reonomy

New York-based commercial real estate data and analytics provider Reonomy raised $30 million in a series C funding round, bringing its total capital to date to $68.4 million.

Venture capital firm Sapphire Ventures LLC, which invests in growth-stage technology companies and early-stage venture funds worldwide, led the funding round. Venture capital firms Bain Capital Ventures LP and SoftBank Capital, which are existing backers of Reonomy, also participated.

Reonomy said it will use the money to promote its data and analytics platform, which gives brokers, lenders, occupiers and investors access to valuable insights into the U.S. commercial real estate landscape.