Co–Star has raised $15.8M in total across 2 funding rounds.
Co–Star's investors include Andreessen Horowitz, Bond, FirstHand Alliance, Oceans, Polychain Capital, Spark Capital, Mike Kerns, The Hit Forge, UpHonest Capital, VU Venture Partners, WorkLife Ventures, Y Combinator.
Co–Star is a technology company best known as CoStar Group, a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. It serves real estate professionals, investors, and businesses by providing comprehensive data and digital tools that improve property discovery, market insights, and transaction efficiency. CoStar Group’s products cover a wide range of real estate sectors including office, industrial, retail, multifamily, and residential markets, supporting decision-making and operational needs. The company has demonstrated strong growth momentum, with $2.74 billion in revenue in 2024 and a presence in 13 countries through 84 offices[1].
CoStar Group was founded in 1987 and has evolved over nearly four decades into a dominant force in real estate technology. The company’s founders and early team recognized the need to digitize and centralize real estate information, which was traditionally fragmented and manual. This vision led to the creation of a platform that aggregates data, analytics, and marketplaces, enabling more transparent and efficient real estate transactions. Key milestones include the development of flagship brands such as LoopNet (commercial marketplace), Apartments.com (multifamily rentals), and Matterport (3D digital twin technology), which have each become industry standards[1].
CoStar Group rides the digital transformation trend in the traditionally offline real estate industry, which is valued at over $300 trillion globally. The timing is critical as real estate increasingly demands data-driven decision-making, remote property management, and online transaction capabilities. Market forces such as urbanization, remote work, and demand for transparency favor CoStar’s offerings. By digitizing real estate assets and transactions, CoStar influences the broader ecosystem by setting standards for data quality, enabling new business models, and fostering innovation in property technology (PropTech)[1].
Looking ahead, CoStar Group is poised to deepen its integration of AI and machine learning to enhance predictive analytics and automate workflows. Expansion into new geographies and real estate sectors, along with further development of 3D and immersive technologies, will likely drive growth. As real estate continues to embrace digital tools, CoStar’s influence as a foundational data and technology provider will grow, shaping how properties are marketed, managed, and transacted worldwide[1].
Co–Star has raised $15.8M across 2 funding rounds. Most recently, it raised $15.0M Series A in April 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2021 | $15.0M Series A | Andreessen Horowitz, Bond, FirstHand Alliance, Oceans, Polychain Capital, Spark Capital, Mike Kerns, The Hit Forge, UpHonest Capital, VU Venture Partners, WorkLife Ventures, Y Combinator, Aaron Skonnard, Conor Bronsdon, Derrick Li, Emmett Shear, Guillaume Roux-Romestaing, Hari Lakshmanan, Kenji Niwa, Mark Pincus, Michael Ma | |
| Mar 1, 2018 | $750K Seed | DEV, ENIAC Ventures |
