Littleton, Colorado-based analytics company Real Estate Business Analytics (REBA) has received an unspecified multi-million dollar growth funding package from Decathlon Capital Partners, and will use the money to drive new product development, expand customer support and grow operations.The firm focuses on the multifamily property sector, consolidating data from multiple systems of record into a single source to provide rental housing teams with actionable insights including predictive analytics, historical data and trends. Tools include business intelligence, budget and pricing and revenue management solutions.
CEO and co-founder Donald Davidoff says the tools give rental housing owners, operators and fee managers business insights, budgeting forecasting and intuitive rent prices 'at the speed of curiosity'. Chris Brust, co-founder and Chief Product Officer says Decathlon's dilution-free, company-friendly funding gives REBA the flexibility to continue its growth in the market space they are targeting. 'Decathlon understands our mission to change how the multifamily industry uses data within the broader rental housing market. We're excited to be partnering with them, while also maintaining control of the company, equity, and ownership'. The investment will be repaid from future revenues.
The firm is online at www.getreba.com .
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
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