DC's real-life SimCity startup raises $2.2 million - Technical.ly DC

Growth

Jun. 11, 2015 1:20 pm

DC’s real-life SimCity startup raises $2.2 million

Create.io puts real-estate data onto an explorable map. The platform launched in January after three years of development.
Create allows users to explore D.C. and check out each building’s real-estate stats.

Create allows users to explore D.C. and check out each building's real-estate stats.

(Screenshot via create.io)

Create, an immersive 3D website for real-estate nerds, has finished raising a $2.2 million seed round.

The platform, which pulls in data on D.C.’s buildings from public agencies and commercial sources, launched in January after three years of development.

Create went on to raise $1.1 million, the first part of its seed round, in February. The second $1.1 million installation, which brings the total to $2.2 million, was led by 20 “senior executives from across real estate, hedge funds, and banking,” according to a company press release.

Several of them were return investors, cofounder and COO Edward Switzer told Technical.ly DC.

With the funding, the company will focus on designing additional premium products, including new data sets, search functionalities and GeoEnrichment of the data, and pursue its expansion into new markets.

Switzer said in January that the company planned to reach 10 cities by the end of 2015, including Detroit, New York, San Francisco, Los Angeles, Chicago and Dallas.

Companies: Create
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