Valcre is a technology company.
Valcre has raised $13.0M across 1 funding round.
Valcre has raised $13.0M in total across 1 funding round.
Valcre is a SaaS software company that provides an innovative appraisal platform for the commercial real estate (CRE) industry, streamlining data gathering, management, reporting, and client interactions in a secure cloud-based system.[1][2][5] It serves appraisal teams at over 300 organizations, including firms like Avison Young, Kidder Mathews, Kroll, and CohnReznick, handling more than 50,000 CRE appraisals annually worth over $50 billion across 18 property types such as office, industrial, retail, multifamily, hospitality, and self-storage.[1][4][5] The platform solves inefficiencies in traditional appraisal workflows by offering standardized USPAP/CUSPAP-compliant templates, comparable data storage, job management, and integrations with 100+ data sources, saving appraisers over 2 hours daily and boosting production.[1][2][5]
Founded in 2016 and based in San Diego (with a Marina del Rey address listed), Valcre raised $12.7M in a Series A round in 2022 led by Avenue Growth Partners, achieving Series A stage with strong client adoption but a recent Mosaic Score dip indicating potential market challenges.[1][2]
Valcre was founded in 2016 in San Diego, California, amid growing demand for digital tools in CRE appraisals, though specific founder names and backgrounds are not detailed in available sources.[1][2] The idea emerged to address pain points in manual data handling and reporting for appraisers, evolving into a comprehensive SaaS platform with custom Word/Excel templates, property data storage, and seamless syncing.[2][5] Early traction built through adoption by leading CRE firms; by 2023, Avison Young selected Valcre as its exclusive North America provider, expanding its reach globally and solidifying its position with clients conducting high-volume appraisals.[1] A pivotal funding milestone came in 2022 with the $12.7M Series A, fueling platform enhancements like enterprise security and specialty templates.[1][2]
Valcre rides the proptech wave digitizing CRE, where outdated manual processes hinder appraisers amid rising data complexity and regulatory demands like USPAP.[1][5] Timing aligns with post-2022 market recovery, as firms like Avison Young seek efficiency tools to handle $50B+ in annual valuations across North America and beyond.[1] Favorable forces include CRE's shift to cloud SaaS for scalability, integrations reducing comps collection time (3.5M collected to date), and demand for secure platforms amid institutional lending scrutiny.[2][4] Valcre influences the ecosystem by setting a "gold standard" for appraisal software, enabling firms to grow production, recapture time for business development, and deliver sophisticated client presentations in a fragmented market.[1][5]
Valcre's platform positions it as a leader in CRE proptech, with enterprise expansions and specialty templates (e.g., student housing, condos coming soon) driving next-phase growth amid proptech consolidation.[4][5] Trends like AI-enhanced data verification, global CRE recovery, and stricter compliance will shape its trajectory, potentially boosting its Mosaic Score through deeper integrations and international push via partners like Avison Young.[1] Influence may evolve by powering more billion-dollar portfolios, but competition and economic volatility in CRE could challenge momentum—watch for follow-on funding or acquisitions to scale. This efficiency engine returns to its core promise: transforming appraisers from data clerks to strategic analysts.[1][5]
Valcre has raised $13.0M in total across 1 funding round.
Valcre's investors include Innovation Endeavors, Morpheus Ventures, QED Investors, Second Century Ventures, Torch Capital.
Valcre has raised $13.0M across 1 funding round. Most recently, it raised $13.0M Series A in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $13.0M Series A | Innovation Endeavors, Morpheus Ventures, QED Investors, Second Century Ventures, Torch Capital |