November 15, 2021
Global Brain has invested in CompStak, Inc., a provider of commercial real estate lease comps database
Global Brain has invested in CompStak, Inc. (CompStak), a provider of commercial real estate lease comps database, through its 31VENTURES Global Innovation Fund II L.P. (31VENTURES II).
The mainstream method of collecting lease comps of commercial real estate in the US market is still offline and inefficient, such as telephone exchanges between brokers, and there is a lack of transparency and accuracy in the information. To improve this issue, CompStak offers a lease comps database for commercial real estate with as many as 4 million lease comps being provided through a crowdsourced platform where brokers, etc. can share their own lease comps and view others for free. In the future, CompStak aims to further strengthen its services by expanding its analysis functions and service lineup such as sales comps and property information.
Global Brain decided to invest in CompStak because of its highly accurate lease comps and its unique position in the industry.
About CompStak
- Location
- New York, US
- Representative
- Michael Mandel
- Founded
- November 2011
About 31VENTURES
- Name
- 31VENTURES Global Innovation Fund II L.P.
- General Partner
- Global Brain Corporation
- Fund Size
- 8.5 Billion JPY
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January 1998