Occupier is a New York-based technology company founded in 2018 that builds modern lease management software purpose-built for commercial tenants.[1][2][5] Its platform unifies real estate and finance workflows, offering tools for lease administration, transaction management, and lease accounting compliance (e.g., ASC 842, IFRS 16), serving sectors like retail, restaurants, healthcare, banking, and office spaces.[1][2][3] The software solves clunky legacy tools and departmental silos by providing a single source of truth for finance, real estate, operations, and accounting teams, enabling better portfolio strategy and audit-ready compliance; it's trusted by companies like Salad & Go and DraftKings, with pricing starting at $3,500 per year for tenants managing 30+ leases and showing growth via $16.9M in total funding.[3][4][5]
Occupier was founded in 2018 by Matt Giffune and Andrew Flint, alumni of JLL and VTS, who identified a major gap in tenant-side commercial real estate technology—existing tools were clunky, hard to use, and fostered silos.[1][5] Drawing on their industry experience, they set out to disrupt legacy systems by creating intuitive software tailored for tenants, aligning finance, operations, and development teams.[1] Early traction came from addressing real-world pain points in lease workflows, leading to investments from OMERS and Stage 2 Capital, with a most recent $10.5M round contributing to $16.9M total funding.[1][5]
Occupier rides the proptech wave modernizing commercial real estate (CRE), where tenants increasingly demand Salesforce-like tools for RE teams amid rising compliance needs post-ASC 842 and hybrid work shifts.[1][2][3] Timing aligns with post-pandemic portfolio optimizations—expansions, contractions, and remote strategies—favoring agile software over outdated stacks, in a market underserved on the tenant side versus landlords.[1][2] It influences the ecosystem by empowering tenants (retail, healthcare) to make data-driven decisions, reducing silos, and accelerating deals, positioning alongside competitors like LeaseCake and Visual Lease while differentiating via tenant focus and AI-adjacent efficiency.[2]
Occupier is poised for expansion as CRE digitization accelerates, potentially deepening AI integrations for abstraction/analytics (like peers Bryckel/Spacetil) and targeting larger enterprises with complex global portfolios.[1][2] Trends like sustainability reporting, economic volatility driving lease flexibility, and proptech consolidation will shape its path, with its $16.9M funding fueling product evolution and market share gains.[5] Its influence may grow by setting the tenant standard in lease tech, much like NetSuite for finance, enabling bolder real estate strategies in a tenant-empowered future—building on its mission to disrupt legacy CRE from the ground up.[1]
Occupier has raised $16.0M in total across 2 funding rounds.
Occupier's investors include Alate Partners, OMERS Ventures, Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Relay Ventures.
Occupier has raised $16.0M across 2 funding rounds. Most recently, it raised $11.0M Series A in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $11.0M Series A | Alate Partners, OMERS Ventures | |
| Mar 1, 2021 | $5.0M Seed | Alate Partners, Jana Messerschmidt, Craft Ventures, CRV, Goat Capital, Goldcrest Capital, Greycroft, Index Ventures, M13, MATH Venture Partners, Relay Ventures, Sequoia Capital, Spark Capital, Tusk Venture Partners, Hiro Tamura, Ning Sung, Steve Salis, Travis Vanderzanden |
