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
URL
https://www.compstak.com/

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
URL
https://globalbrains.com/