MID-YEAR REPORT - Continental Automated Buildings Association

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MID-YEAR REPORT - Continental Automated Buildings Association
2017
MID-YEAR REPORT
MID-YEAR REPORT - Continental Automated Buildings Association
SUPPORT & SPONSORSHIP

 INNOVATION SPONSORS    TECHNOLOGY SPONSORS

 TITLE SPONSORS

 SERVICE PROVIDERS

 ALLY SPONSORS

                        PARTNERS

SUPPORT & SPONSORSHIP                         1
MID-YEAR REPORT - Continental Automated Buildings Association
TABLE OF CONTENTS

  1    SUPPORT AND SPONSORSHIP

  2    TABLE OF CONTENTS

  3    INTRODUCTION

  4    RESEARCH AND ANALYSIS

  10   CRE // TECH COMPANY DATA

TABLE OF CONTENTS                 2
MID-YEAR REPORT - Continental Automated Buildings Association
INTRODUCTION

  I am extremely proud to welcome you to the 2017 CRE // Tech Mid Year Report, the first one produced under our ownership.

  As a long time admirer and supporter of CRE // Tech and specifically of Pierce Neinken, now our partner at The News Funnel,
  it’s a great personal honor to be presenting this Report to the commercial real estate tech community. Being a Founder of a
  few startups of my own in the CRE space, this Report was always something of great value to me providing incredible insights,
  data and trend lines surrounding the tech sector in our industry. Honestly, it was my “bible” and extremely influential in helping
  design my own playbook for my sites.

  We are fortunate to once again have Anthony Dominguez, CEO, AtlasX as this year’s Co-Editor. This is the second year Anthony
  helped create this Report and we are very grateful to have someone of his caliber lead this effort for our community.

  Our mission at CRE // Tech remains what it was when Pierce founded it in 2013, a grassroots effort that grew into a national
  movement…to be the catalyst for creating a vibrant, growing and dynamic commercial real estate tech ecosystem. Through our
  reports, events and content, our entire organization is committed to expanding the commercial real estate tech community.
  Whether it’s connecting at an event, writing about the innovators/influencers or creating in depth reports, our goal is to help the
  industry at large discover and harness the power of technology in their own business.

  From my own perspective, looking at the commercial real estate tech sector from the lens of my six years in the space, it’s
  incredible how far we have come. And, how far we still have to go. Indeed there are some real challenges to succeeding in this
  space, but there are also such amazing opportunities as well.

  I am humbled and struck by the genuine support our industry shows one another day after day. The collaboration, networking,
  sharing and alliances that are being formed every day are what is truly propelling the industry forward. And that remains my
  personal goal as the now head of CRE // Tech…to do all I can to make the commercial real estate tech sector a viable business for
  everyone in the space.

  I hope you enjoy this report, discover the amazing startups profiled and that we can connect at one of our upcoming
  conferences.

  Thank you for your amazing support,

  Michael Beckerman
  CEO
  CRE // Tech

INTRODUCTION                                                                                                       3
MID-YEAR REPORT - Continental Automated Buildings Association
ANALYSIS

  The CRE // Tech Mid-Year Report analyzes employment, funding and overall development of the commercial real estate
  technology sector from 2013 to June 2017. At CRE // Tech, we place a great deal of importance on providing the ecosystem with
  critical data and analysis on the intersections of commercial real estate and technology. Our goal with this Report is to ensure
  that startups, investors, commercial real estate professionals and thought-leaders have the best information on the commercial
  real estate tech sector so that they can continue to make the most informed decisions and in doing so, continue to help the
  ecosystem thrive in the future.

  Anthony Dominguez
  Tech Report Editor
  CRE // Tech

  ANTHONY DOMINGUEZ                           Anthony Dominguez is the CEO of AtlasX, deal management software for commercial real estate
                                              acquisitions and dispositions. Dominguez has worked on over $1 billion of commercial real estate
  @tonydominguez
                                              transactions on behalf of public REIT’s and private owners, and is a self-taught programmer in
  anthony@atlasx.co
                                              multiple tech stacks.

  ADDITIONAL CONTRIBUTORS

  JONATHAN KIM                                Student at Boston University, Business Administration

  ARAM BAGHDASSARIAN                          Student at Cornell University, Computer Science

ANALYSIS                                                                                                                   4
MID-YEAR REPORT - Continental Automated Buildings Association
ANALYSIS

   DATA SOURCES

   CRE // Tech uses publicly available data from Crunchbase, AngelList, LinkedIn, Securities & Exchange
   Commission, Traxcn, Twitter, World Economic Forum, and Bureau of Labor to present the closest
   possible representation of the ecosystem.

 TOTAL EMPLOYEES BY VALUE CHAIN

  5000

  4000

  3000

  2000

  1000

        0
               IC &

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                                          PEOPLE AT COMPANIES WITH 30 OR MORE EMPLOYEES

 • Employment is high in established parts of the value chain like
   Research & Analytics and Property Management, however the
   trend does not mirror venture funding as can be seen with
   Marketplaces, Broker Management and Leasing.

 • Approximately 24% of industry employees are women, compared
   to 23% and 48% in technology and real estate respectively.

ANALYSIS                                                                                                                             5
MID-YEAR REPORT - Continental Automated Buildings Association
ANALYSIS

 H1 2017 FUNDING BY VALUE CHAIN

 $100,000,000                                                                                                           5

                                                                                                                            NUMBER OF FUNDING ROUNDS
  $80,000,000                                                                                                           4

  $60,000,000                                                                                                           3

  $40,000,000                                                                                                           2

  $20,000,000                                                                                                           1

                  0                                                                                                     0
                             S

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 • Marketplaces received the most funding in H1 2017 and remain
   one of the most proven business models in commercial real
   estate technology.

 • Research & Analytics and Fundraising have historically attracted
   greater venture funding, while Visualization had an uptick in the
   number of rounds due to early stage funding.

ANALYSIS                                                                                                            6
MID-YEAR REPORT - Continental Automated Buildings Association
ANALYSIS

 COMPANIES FOUNDED YEAR-OVER-YEAR

  80

  60

  40

  20

   0
    13

                      14

                                    15

                                         16

                                                   17
   20

                     20

                                    20

                                         20

                                                   20
                                                  H1

ANALYSIS                                      7
MID-YEAR REPORT - Continental Automated Buildings Association
ANALYSIS

 VENTURE CAPITAL DEAL VOLUME YEAR-OVER-YEAR

                    800,000,000                                                               100

                    600,000,000                                                               75
 CAPITAL DEPLOYED

                                                                                                    FUNDING ROUNDS
                    400,000,000                                                               50

                    200,000,000                                                               25

                               0                                                              0
                                 13

                                                          14

                                                                              15

                                                                                   16

                                                                                         17
                               20

                                                         20

                                                                              20

                                                                                   20

                                                                                         20
                                                                                        H1
 • Placing companies founded and venture deal volume side-by-side
   puts together a picture of the maturity of the industry. Early stage
   funding trailed founding dates by roughly one year in 2014 and
   similarly growth stage rounds peaked soon after in 2015-2016.

 • While 2017 funding is on track to be less than 2016, early stage
   rounds are still a major driver of deal flow and account for 68% of
   rounds and 29% of total funding in H1 2017.

       2015 and 2016 total funding is adjusted from 2016 Year End report to
       account for discrepancy in disclosed funding.

ANALYSIS                                                                                 8
MID-YEAR REPORT - Continental Automated Buildings Association
ANALYSIS

 AVG. PRE MONEY VALUATION FYE JUNE 2017 (GROWTH STAGE)

    $1,250,000,000

    $1,000,000,000

     $750,000,000

     $500,000,000

     $250,000,000

               $0
                            C

                                                    D

                                                              G
                         ES

                                                 ES

                                                          ES
                        RI

                                                RI

                                                         RI
                       SE

                                               SE

                                                         SE

ANALYSIS                                                          9
SUMMARY

                                        Created by and for commercial real estate brokers, Apto is the leading web-based software
                                        platform for managing customer relationships, properties, listings, deals and commissions. Apto
                                        serves thousands of commercial brokers and is the CRM of choice for 6 of the top 8 CRE brands.
                                        Apto’s world-class CRM platform is optimized to meet the needs of CRE brokers, and can be further
PROFILE                                 customized to brokerage workflows and business requirements. Apto is the only platform that
                                        eallows brokers to manage the full lifecycle of a deal anywhere, from any device.
COMPANY FOUNDING DATE
2011
                                        PRODUCT
COMPANY LAUNCH DATE
2012                                    Apto CRM & Deals - A full-blown commercial real
                                        estate brokerage platform for tracking contacts,
WEBSITE
apto.com
                                        properties, and your real estate transactions.

TWITTER                                 Apto Prospect & Nurture - With strategic call
@aptotude                               lists based on set criteria, account insights, and
                                        personal context, you have everything you need
LINKEDIN                                to build meaningful connections quickly.
https://www.linkedin.com/company/
apto-crm                                Apto Commissions - Get complete financial
                                        transparency with point-in-time reporting for
HEADQUARTERS
Denver, CO
                                        your entire brokerage. Bridge the gap between
                                        teams and say goodbye to cumbersome forms
GEOGRAPHIES SERVED                      and spreadsheets.
Global

MONEY RAISED
$18 Million - Series B, Series A,       RECENT NEWS
and Venture
                                        • Release of Apto Mobile
ANGELLIST
angel.co/apto-1
                                        • Launch of Apto Commissions
CRUNCHBASE
crunchbase.com/organization/apto        • Launch Apto Prospect & Nurture

PROMINENT CLIENTS
Avison Young, CBRE, NAI Capital, SVN,   WHAT’S NEXT
Cushman & Wakefield

RELEVANT TYPES OF PROPERTY              • Continue to expand product functionality
  •   Office                              in Apto Prospect & Nurture and Apto
  •   Retail                              Commissions
  •   Industrial
  •   Multifamily                       • New VP of Sales

USER PROFILE
  •   Tenant Representation Broker
  •   Landlord Representation Broker
  •   Investment Sales Broker
  •   Debt/Structured Finance Broker
  •   Administrative/back office,
      Brokerage Leadership

WORKS ON
                                          FOUNDER           CEO
 ]] Phone iOS                             Tanner McGraw     Angela Tucci
 ]] Phone Android
 ]] Desktop/Laptop
                                          Tanner McGraw is the founder of Apto, the commercial real estate industry’s leading CRM, deal management and
                                          commissions software platform. A commercial real estate veteran with a decade of brokerage experience, Tanner
                                          founded Apto after experiencing deep frustration with the lack of specialized technology available to manage customer
                                          relationships simply and profitably. Today, hundreds of brokerages use Apto’s scalable cloud-based app to better manage
                                          their contacts, properties and businesses. Before Apto, Tanner served as Vice President of Healthcare Advisory Services at
                                          Transwestern and as a Senior Associate at Marcus & Millichap.

                                          Angela Tucci is the CEO of Apto. She was most recently at CA Technologies, where she served as General Manager of the
                                          Agile Management Business Unit. She was one of the pioneers of the CRM industry in the early 1990s, and brings decades
                                          of experience as a proven leader in public and private software companies spanning a wide variety of industries. A
                                          veteran start-up entrepreneur, she also founded two venture-backed technology companies with successful exits.

APTO                                                                                                                                  10
SUMMARY

                              AtlasX is deal management and pipeline software for commercial real estate capital transactions.
                              AtlasX is powering the acquisitions, financing, and disposition of institutional-grade assets spanning
                              every major U.S. city. Firms that use AtlasX have real-time visibility into every opportunity and a
                              proprietary institutional memory of the market.
PROFILE

COMPANY FOUNDING DATE
                              PRODUCT
Jan 2016
                              Fully customizable deal management software
COMPANY LAUNCH DATE           accessible by deal leads and underwriting
Jun 2016                      support anywhere.

WEBSITE
https://AtlasX.co
                              RECENT NEWS
HEADQUARTERS
New York, NY
                              • International expansion and multiple currency
GEOGRAPHIES SERVED              support
International
                              • Powering commercial real estate capital
ANGELLIST
                                transactions in over 450 cities around the world
https://angel.co/atlasx

CRUNCHBASE
                              • Redesigned the platform for advanced
https://www.crunchbase.com/     customization features and workflow
organization/atlasx#/entity

RELEVANT TYPES OF PROPERTY
                              WHAT’S NEXT
  •   Office
  •   Retail
  •   Industrial              • Significant improvements to our mobile products.
  •   Multifamily
  •   Hotel

USER PROFILE
  •   Asset Manager
  •   Developer
  •   Lender
  •   Owner

WORKS ON
                                CEO
 ]] Phone iOS                   Anthony
 ]] Phone Android               Dominguez
 ]] Desktop/Laptop

                                Anthony Dominguez is an experienced real estate
                                professional having worked on over $1B in
                                transactions on behalf of public REITs and private
                                developers in New York. Dominguez is a self-taught
                                programmer and proficient in multiple tech stacks.

ATLASX                                                                                                       11
SUMMARY

                                            ATTOM Data Solutions is the curator of the ATTOM Data Warehouse, a multi-sourced national
                                            property database that blends property tax, deed, mortgage, foreclosure, environmental risk, natural
                                            hazard, health hazards, neighborhood characteristics and other property characteristic data for
                                            more than 150 million U.S. residential and commercial properties. The ATTOM Data Warehouse
PROFILE                                     delivers actionable data to businesses, consumers, government agencies, universities, policymakers
                                            and the media in multiple ways, including bulk file licenses, APIs and customized reports.
COMPANY FOUNDING DATE
1996
                                            PRODUCT
COMPANY LAUNCH DATE
July 19, 2016                               Bulk Licensing – Property data supersets for
                                            analytical models, products and platforms
WEBSITE
www.attomdata.com
                                            ATTOM APIs – Real time property data access
TWITTER
                                            with no major software development required
@attomdata
                                            Marketing Lists – Target the most receptive
LINKEDIN                                    prospects, close more sales and optimizing your
www.linkedin.com/company/                   marketing ROI with custom marketing lists from
attomdata                                   ATTOM!

HEADQUARTERS
Irvine, CA
                                            RECENT NEWS
SATELLITE OFFICES
San Diego, CA
                                            • March 28, 2017 - Expanded our data platform
GEOGRAPHIES SERVED                            and announced a the launch of a new two-for-
Publicly recorded tax, deed, mortgage         one lead product proven to identify properties
and foreclosure data along with               with a high likelihood of selling within 30 days
proprietary neighborhood and parcel-          of an indicated settlement date— providing
level risk data for more than 150 million     both pre-mover leads (people moving out of
U.S. properties
                                              the home) and new homeowner leads (people
                                              moving into the home).
RELEVANT TYPES OF PROPERTY
  • All Property Types
                                            • March 14, 2017 - Expanded our data platform
USER PROFILE                                  and announced a data licensing agreement
  • Asset Manager                             with Clear Capital to have nationwide MLS
  • Developer                                 analytics available to ATTOM Data clients.
  • Owner
  • Software Provider                       • July 19, 2016 - Rebranded from RealtyTrac to
  • Lender
                                              ATTOM Data Solutions on October 13th, 2016
  • Researcher
                                              - Expanded our data platform and announced
  • Service Provider - Investment Sales
    Broker                                    a data licensing agreement with UtilityScore
  • Tenant/Occupier                           to include annual and monthly electric bills,
  • Valuation Analyst/Appraiser               natural gas bills, and water/sewer bills, along
  • Investors (Real Estate)                   with neighborhood-level utility costs.

WORKS ON                                    WHAT’S NEXT
 ]] Phone iOS
 ]] Phone Android                           • ATTOM Data is building a cloud based data
 ]] Desktop/Laptop                            infrastructure that will alleviate the burden of
                                              loading, managing and efficiently processing
                                              large data sets. ATTOM will take care of the hard
                                              parts, allowing our customers to focus on their
                                              use cases and understanding how the results of
                                              their analysis affect their business

                                            • ATTOM Data is moving its APIs into the cloud to
                                              allow for more flexible and comprehensive API
                                              delivery. Customers will be able to shape their
                                              own custom end points by selecting only the
                                              data points they need rather than be limited to
                                              rigid query sets.

ATTOM DATA SOLUTIONS                                                                                                    12
SUMMARY

                                           Breather is the leading provider of high-end, private meeting rooms, offering professionals flexible
                                           spaces through its mobile booking technology. With an expanding network of nearly 500 spaces
                                           across 10 global markets, Breather serves as a trusted meeting room solution for the increasingly
                                           mobile workforce.
PROFILE
                                           Breather creates valuable meeting room amenities in commercial office properties and has
COMPANY FOUNDING DATE                      partnered with major landlords including Blackstone, Tishman Speyer, Brookfield, Vornado, and SL
2012                                       Green, among many others.

COMPANY LAUNCH DATE
2013                                       PRODUCT
WEBSITE
www.breather.com                           Breather’s booking tech allows users to search
                                           nearly 500 spaces in 10 cities, filtered by date, time,
TWITTER                                    capacity and amenities.
@Breather
                                           The Breather app allows users to access each
LINKEDIN                                   space via a unique PIN code delivered prior to
https://www.linkedin.com/company/          each reservation.
breather

HEADQUARTERS
                                           Breather’s enterprise clients enjoy access to an
Montreal, Canada                           account services team ready to handle catering
New York City, USA                         tech presentations.

SATELLITE OFFICES
San Francisco, Los Angeles, Boston,
Chicago, Washington, D.C., Toronto,        RECENT NEWS
London
                                           • In 2017 Breather dramatically expanded its real
GEOGRAPHIES SERVED
                                             estate footprint, now operating over 360,000
New York City, San Francisco Bay Area,
Palo Alto, Los Angeles, Boston, Chicago,     sq. ft. across its markets.
Washington, D.C., Toronto, Montreal,
London                                     • Breather’s RE Innovations team launched
                                             OnSite a tech platform offering increased
MONEY RAISED                                 visibility to landlords.
$75M venture capital funding & $30M
debt funding                               • Breather is now partnered with over 250
                                             commercial property owners including many of
ANGELLIST
                                             the top landlords in each of its markets.
https://angel.co/breather

CRUNCHBASE
https://www.crunchbase.com/                WHAT’S NEXT
organization/breather

PROMINENT CLIENTS                          • Expanded space offerings including larger,
Google, Apple, Facebook, Spotify,            multi-room suites in all building types, from
Salesforce, American Express                 creative loft to Class-A office.

RELEVANT TYPES OF PROPERTY                 • Enhanced offerings for enterprise clients
 • Office                                    including catering services, technology
                                             integrations, and in-room services.
USER PROFILE
 • Asset Manager
 • Developer                               • For landlords: Expanded deal structures and
 • Owner                                     launch of OnSite tech platform to drive new
 • Researcher                                partnerships.
 • Service Provider - Tenant
   Representation Broker, Landlord
   Representation Broker
 • Tenant/Occupier
                                                                                             Julien Smith is the CEO and co-founder of Breather, the leading provider
                                                                                             of on-demand work and meeting spaces. Maggie Burns is VP of Real
WORKS ON                                                                                     Estate at Breather, where she leads strategy and execution for the supply
                                                                                             side of Breather’s network of spaces. Maggie has overseen the launch of
 ]] Phone iOS
                                                                                             nearly 500 locations across 10 global markets since joining the company
 ]] Phone Android
                                                                                             in 2014.
 ]] Desktop/Laptop
                                             CEO               VP OF REAL
                                             Julien Smith      ESTATE
                                                               Maggie Burns

BREATHER                                                                                                                                  13
SUMMARY

                                         CBRE Group, Inc. (NYSE:CBG) is the world’s largest commercial real estate services and investment
                                         firm. We deliver measurably superior client outcomes by taking a comprehensive approach to our
                                         data and digital strategy, including building differentiated and proprietary technologies; investing
                                         in or acquiring firms with leading-edge capabilities; forming strategic partnerships; and attracting,
PROFILE                                  developing, and retaining top digital talent.

COMPANY FOUNDING DATE
August 27, 1906                          PRODUCT

COMPANY LAUNCH DATE                      CBRE’s suite of enablement technologies, CBRE
August 27, 1906                          Vantage, drives informed decision-making across
                                         the real estate asset life cycle for our occupier and
WEBSITE
                                         investor clients and professionals.
www.cbre.com

TWITTER
                                         This platform supports a wide array of initiatives,
@CBRE                                    including the planning, sourcing, transaction,
                                         construction, enhancement, management, and
LINKEDIN                                 monetization of real estate.
https://www.linkedin.com/company/
cbre

HEADQUARTERS                             RECENT NEWS
Los Angeles, CA
                                         • CBRE has doubled our annual technology
SATELLITE OFFICES
450+ offices, worldwide, excluding 100     budget and tripled our spending on the
affiliate offices                          enabling side of the business.

GEOGRAPHIES SERVED                       • CBRE is strategically hiring to bring our
111 countries across the Americas,         technology-enabled services and data to the
Europe, the Middle East, Africa, and       forefront of decision-making.
Asia-Pacific
                                         • CBRE is an anchor investor in Fifth Wall
MONEY RAISED
                                           Ventures, with whom we source and grow new
For information on our financials,
please visit ir.cbre.com                   entrepreneurs and technologies for the built
                                           environment.
PROMINENT CLIENTS
CBRE provides technology-enabled
solutions to 92 of the Fortune 100,
including many of the world’s leading
                                         WHAT’S NEXT
financial institutions, life sciences
companies, hospitals and healthcare      • CBRE will continue to make platform
organizations, manufacturers, and          enhancements to better utilize data, integrate
media/technology/telecommunications
                                           solutions, and optimize building and service
companies.
                                           performance.
RELEVANT TYPES OF PROPERTY
 •   Office                              • We will further strategic partnerships
 •   Retail                                enhancing smart building capabilities, many
 •   Industrial                            viewable within our Client Experience Center in
 •   Multifamily                           Milwaukee, WI.
 •   R&D, data centers, hospitals,
     distribution centers, warehouses,
     and alternative workplaces

USER PROFILE
 •   Asset Manager
 •   Developer                                                                                                     CBRE’s President & CEO, Bob
 •   Owner                                                                                                         Sulentic, oversees the world’s largest
 •   Tenant/Occupier                                                                                               commercial real estate services and
                                                                                                                   investment firm, which reported 2016
                                                                                                                   revenues of $13.1 billion, has more
WORKS ON
                                                                                                                   than 75,000 employees (excluding
                                           SENIOR VICE      CHIEF DIGITAL     MANAGING           MANAGING
                                                                                                                   affiliate offices), and is presently
 ]] Phone iOS
 ]] Phone Android                          PRESIDENT,       & TECHNOLOGY      DIRECTOR,          DIRECTOR,         ranked #214 in the Fortune 500. Bob
                                           CBRE DIGITAL     OFFICER           CBRE INSTITUTE     CBRE BUSINESS     shares a passion for connecting and
 ]] Desktop/Laptop                         STRATEGY &                                            ANALYTICS
                                                            Sandeep Davé      Matt Toner                           empowering CBRE’s executive leaders
                                           PARTNERSHIPS                                          Jeremy Krompier
                                           Anish Mehta                                                             to drive a technology-enabled future
                                                                                                                   for the company. He received an
                                                                                                                   M.B.A. from Harvard Business School
                                                                                                                   and a B.A. in Computer Science from
                                                                                                                   Iowa State University.

CBRE                                                                                                                        14
SUMMARY

                                         ClientLook is the unrivaled commercial real estate CRM built from the ground up solely to suit
                                         the needs of our industry. Our top priorities are adoption and user experience, which drive a
                                         98% renewal rate. Designed by CRE brokers and tech veterans, ClientLook is easy to use with no
                                         learning curve. Track contacts, deals, listings and properties in a way that’s intuitive and fun. Rely
PROFILE                                  on the innovative Virtual Assistant team to handle data entry. Connect with other industry-leading
                                         applications through exclusive integrations to maximize efficiency. Get a free 21-day trial today.
COMPANY FOUNDING DATE
2008
                                         PRODUCT
COMPANY LAUNCH DATE
2009                                     ClientLook is commercial real estate’s unrivaled
                                         CRM with intuitive contact, deal and property
WEBSITE
                                         tracking capability.
www.clientlook.com

TWITTER
@clientlook
                                         RECENT NEWS
LINKEDIN
https://www.linkedin.com/company/        • Doubled annual recurring sales revenue by
clientlook                                 expanding into more than 500 additional cities.

HEADQUARTERS                             • Increased annual retention rate from 96% to
Laguna Niguel, CA
                                           98%.
GEOGRAPHIES SERVED
Currently servicing more than 1,650      • Released integration with Xceligent to deliver
cities in 9 countries                      live research data inside ClientLook.

MONEY RAISED                             • Expanded the scope of our Virtual Assistant
ClientLook is entirely bootstrapped.       service to include subscriber listing
Funding was provided by the Founder        maintenance.

PROMINENT CLIENTS
Colliers, Marcus & Millichap, KW
Commercial, Mohr Partners, NAI           WHAT’S NEXT
RELEVANT TYPES OF PROPERTY
                                         • Expand integration partners to include a
 •   Office
                                           broader suite of industry leading tools.
 •   Retail
 •   Industrial
 •   Multifamily                         • Further develop our back-office capabilities.
 •   Land
                                         • Develop more product localization to support
USER PROFILE                               additional international geographies.
 •   Asset Manager
 •   Developer                           • Initiate rollout of new nationwide subscriber
 •   Lender
                                           accounts.
 •   Owner
 •   Researcher
 •   Service Provider - Tenant
     Representation Broker, Landlord
     Representation Broker, Investment
     Sales Broker, Debt/Structured
     Finance Broker, Architect,
     Construction/Project Manager,
     Software

WORKS ON
                                           FOUNDER,          VICE PRESIDENT,
                                           PRESIDENT &       SALES
 ]] Phone iOS                              CEO               John Dawson
                                           Michael Griffin

                                           I began my career as a commercial real estate broker and quickly moved into technology. I sold my first CRM startup
                                           (ARES for ACT!) to CoStar Group and subsequently spent almost nine years there. I founded ClientLook to eliminate
                                           the complexity, mediocrity and risk of using a CRM. My vision was to create the most intuitive solution painstakingly
                                           built from the ground-up soley for our industry. This level of specialization allows ClientLook to offer an unrivaled
                                           experience including a team of Virtual Assistants who handle data entry and task management for users. If you are not
                                           using ClientLook, then you are working too hard!

CLIENTLOOK                                                                                                                          15
SUMMARY

                                       The 130+ attorneys at Cole Schotz provide legal services throughout the U.S. from offices in NJ, NY,
                                       DE, MD, TX and FL. We represent hundreds of businesses, large and small, and select individuals in
                                       areas such as real estate and real estate special opportunities, construction services, corporate and
                                       finance, employment, environmental, tax, and litigation.
PROFILE
                                       Relationships and results are at the core of the Cole Schotz experience. Achieving success for each
COMPANY FOUNDING DATE                  client is our goal, and our relentless commitment to that end sets us apart.
1928

WEBSITE                                PRODUCT
www.coleschotz.com
                                       Our Real Estate team has earned a national
TWITTER
                                       reputation for providing practical and strategic
@ColeSchotz
                                       solutions for real estate developers and investors.
LINKEDIN
                                       The scope of our involvement includes the
https://www.linkedin.com/company/      acquisition, sale, asset management, risk and
cole-schotz-p-c-                       business opportunity analysis, development,
                                       redevelopment, financing, leasing, subleasing,
HEADQUARTERS                           syndication and environmental concerns
Hackensack, NJ                         of commercial (including retail, office and
                                       hotel), industrial, warehouse and multi-family
SATELLITE OFFICES
                                       residential properties.
New York, NY
Wilmington, DE
Baltimore, MD
Dallas, TX
Ft. Worth, TX
                                       RECENT NEWS
                                                                                             Leo V. Leyva is co-chair of the Litigation and Real
Boca Raton, FL
                                                                                             Estate Departments, as well as the Real Estate Special
                                       • Cole Schotz represented Cove Property Group         Opportunities Group. He has an expansive litigation
GEOGRAPHIES SERVED                       in West Side Acquisition - Ranked 42nd Largest
National                                                                                     practice with a concentration on high-profile real estate
                                         Deal in the Country                                 litigation, complex commercial litigation and corporate
RELEVANT TYPES OF PROPERTY                                                                   reorganization. He also represents private equity,
 •   Office
                                       • Cole Schotz guided Sentinel Real Estate through     hedge and real estate opportunity funds; national
 •   Retail                              the Sale of Manhattanville Rental Building for      lending institutions; bridge and convenience lenders;
 •   Industrial                          $23M                                                property owners and developers in connection with the
 •   Multifamily                                                                             acquisition and sale of distressed properties and debt,
                                       • Cole Schotz Assisted Regent Medical Properties      joint ventures, commercial real estate litigation, project
USER PROFILE                             and Hajjar Medical Office with a purchase in        development, asset disposition, foreclosures, and
 • Developer                             Busy Flushing Market
 • Lender                                                                                    bankruptcy-related workouts and restructuring.
 • Materials Manufacturer or
                                       • Topgolf Opens in Edison, NJ with an Assist from     Leo’s full biography is available at
   Distributor
 • Owner
                                         Cole Schotz                                         http://www.coleschotz.com/LeoLeyva
 • Service Provider - Tenant
   Representation Broker, Landlord     • Coffeemania Opens its Doors in Bryant Park,
   Representation Broker, Investment     Cole Schotz Instrumental in Lease                   Richard W. Abramson is co-chairman of both the
   Sales Broker, Debt/Structured
                                                                                             firm’s Real Estate Department and the Real Estate
   Finance Broker, Architect,
   Construction/Project Manager,
                                                                                             Special Opportunities Group. He counsels property
   Software                                                                                  owners, developers, real estate equity and opportunity
 • Tenant/Occupier                                                                           funds, real estate investment trusts, investors, owners
 • Valuation Analyst/Appraiser                                                               and tenants in all aspects of commercial real estate
                                                                                             transactions. His practice is national in scope and
                                                                                             encompasses a broad range of transactions, with
                                                                                             particular emphasis on acquisitions, dispositions,
                                                                                             development and retail leasing. His professional
                                                                                             focus also includes the management, financing and
                                         MEMBER           MEMBER
                                         Leo V. Leyva     Richard W.
                                                                                             construction of commercial, retail, industrial and
                                                          Abramson                           residential properties; mezzanine financings; joint
                                                                                             ventures; and the acquisition and disposition of
                                                                                             distressed debt.

                                                                                             Rich’s full biography is available at
                                                                                             http://www.coleschotz.com/RichardAbramson

COLE SCHOTZ P.C.                                                                                                         16
SUMMARY

                                       Colliers International Group Inc. is an industry-leading global real estate services company with
                                       15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant
                                       employee ownership, Colliers professionals provide a full range of services to real estate occupiers,
                                       owners and investors worldwide. Services include strategic advice and execution for property
PROFILE                                sales, leasing and finance; global corporate solutions; property, facility and project management;
                                       workplace solutions; appraisal, valuation and tax consulting; customized research; and thought
WEBSITE                                leadership consulting.
colliers.com

TWITTER                                PRODUCT
@colliers
                                       Colliers360 is a fully-integrated, scalable
LINKEDIN
https://www.linkedin.com/company/      dashboard and analytics technology that provides
colliers-international                 complete coverage for clients’ corporate real
                                       estate and facility’s needs. Colliers360.com
HEADQUARTERS
Toronto, Canada                        Colliers Indsite is a new solution that includes
                                       specialty site selection and incentive negotiation
GEOGRAPHIES SERVED                     technology fully integrated with proprietary
Global
                                       project and construction management expertise.
RELEVANT TYPES OF PROPERTY
 •   Office                            Colliers SiteMAP delivers the latest advancements
 •   Retail                            in connecting technology, precise retail insights,
 •   Industrial                        site selection and collaborative portfolio
 •   Multifamily                       management, creating a business performance
 •   Healthcare                        tool that will assist with multimarket expansion
                                       and portfolio review.
USER PROFILE
 • Asset Manager
 • Developer
 • Materials Manufacturer or           RECENT NEWS
   Distributor
 • Owner
 • Service Provider - Tenant           • Global mergers & acquisitions
   Representation Broker, Landlord
   Representation Broker, Investment   • Colliers360 product advancement
   Sales Broker, Debt/Structured
   Finance Broker, Architect,          • Launch of Colliers Indsite
   Construction/Project Manager
 • Tenant/Occupier
                                       • To learn more, visit www.colliers.com
 • Valuation Analyst/Appraiser

WORKS ON                               WHAT’S NEXT

 ]] Phone iOS                          • Executing on the company’s growth strategy
 ]] Phone Android
                                         while providing essential and actionable
 ]] Desktop/Laptop
                                         business intelligence for our clients’ corporate
                                         real estate needs

COLLIERS INTERNATIONAL                                                                                               17
SUMMARY

                                            Comfy is a workplace app provider on a mission to create exceptional workplace experiences.
                                            With deep roots in advanced computing and thoughtful user experience, and living at the nexus
                                            of the digital world and physical space, our Oakland-based team builds unconventional software
                                            solutions for everyone — from the people who operate the building to the people who fill it. Visit
PROFILE                                     comfyapp.com for more information.

COMPANY FOUNDING DATE
2012                                        PRODUCT

COMPANY LAUNCH DATE                         Comfy is a smart building solution that enables
2013                                        employees to regulate the temperature and
                                            lighting of their workspace, resulting in increased
WEBSITE
                                            employee satisfaction and operational savings
www.comfyapp.com
                                            through fewer workplace complaints, improved
TWITTER
                                            fault detection, and increased energy savings.
@comfyapp

LINKEDIN
https://www.linkedin.com/company/          RECENT NEWS
comfy-by-buildingrobotics-
                                           • In June 2017, welcomed Sara Shank of Beacon
HEADQUARTERS
                                             Capital Partners to Advisory Board and Charter
Oakland, CA
                                             Hall as first Australian client.
SATELLITE OFFICES
Comfy has account team                     • In May 2017, recognized by Gartner Cool Vendor
representatives based in every               in, the Digital Workplace.
continental US time zone.
                                           • In April 2017, released “My Locations,” a product
GEOGRAPHIES SERVED                           enhancement that unlocks greater location-
US and select international regions          specific capabilities on Comfy’s mobile app.
MONEY RAISED
                                           • In January 2017, released Comfy Insights, an
Seed: $1.14 Million
Series A: $6.71 Million                      analytics dashboard for workplace professionals
Series B: $12 Million                        that aggregates building performance data and
                                             occupant space usage data.
CRUNCHBASE
www.crunchbase.com/                        • In June 2016, raised a successful Series B
organization/building-robotics               Funding, investors included Emergence Capital,
                                             CBRE, and Microsoft Ventures.
PROMINENT CLIENTS
Cisco, Intel, WeWork, Oxford Properties,
Charter Hall
                                           WHAT’S NEXT
RELEVANT TYPES OF PROPERTY
  • Office                                 • Expand portfolio penetration within commercial
                                             real estate owners.
USER PROFILE
  • Asset Manager
  • Owner                                  • Expand level of occupant control and visibility
  • Tenant/Occupier                          across additional building systems.

                                           • Further operational savings delivered to clients
WORKS ON                                     through robust data analytics and building
                                             science expertise.
 ]] Phone iOS
 ]] Phone Android
                                           • Extend the product to create additional data
 ]] Desktop/Laptop
                                             insights to help real estate and facilities leaders
                                             eff ectively manage their workplaces.

                                                                                                                    Founded by UC Berkeley PhD
                                                                                                                    candidates in Computer Science,
                                                                                                                    Comfy’s team today includes tech and
                                                                                                                    real estate industry veterans from
                                                                                                                    Google, Autodesk, IDEO, Opower,
                                                                                                                    Salesforce, PayPal, JCI, and USGBC.
                                             CEO                CTO               PRESIDENT        VP OF SALES
                                             Andrew Krioukov    Stephen Dawson- Lindsay Baker      David Kirkland
                                                                Haggerty

COMFY                                                                                                                        18
SUMMARY

                                        Commercial and Residential Real Estate cloud commission accounting software for the modern
                                        brokerage. CommissionTrac was created to streamline and automate all commission and
                                        accounting processes for modern brokerage companies. Easily integrate with CRM, Quickbooks,
                                        Property Management platforms and more. Track lease renewals, manage commission pipeline,
PROFILE                                 track production, agent draw plans, agent expenses, manage split plans and agent distributions,
                                        general ledger accounting and more.
COMPANY FOUNDING DATE
2016
                                        PRODUCT
COMPANY LAUNCH DATE
2017
                                        The CommissionTrac Platform has 3 primary
                                        modules for the commercial real estate brokerage:
WEBSITE
CommissionTrac.com
                                        Capture: Turn every deal into searchable and
TWITTER                                 reportable data with CommissionTrac Vouchers
@CommissionTrac
                                        Account: Use voucher data to automate
LINKEDIN                                accounting workfl ows, receivable & payables
https://www.linkedin.com/company-       ledger journal entries, create invoices and
beta/6465629/
                                        statements, make deposits and calculate
                                        commission distributions.
HEADQUARTERS
Atlanta, GA
                                        Report: There’s an executive dashboard, and
SATELLITE OFFICES                       a number of reports to streamline running
Tel Aviv, Israel                        a brokerage such as aged receivables, agent
                                        productivity, commission pipeline, and more...
GEOGRAPHIES SERVED
USA

MONEY RAISED                            WHAT’S NEXT
$900,000

CRUNCHBASE                              • API Integration with QuickBooks
https://www.crunchbase.com/
organization/commissiontrac             • API Integration with RealNex

PROMINENT CLIENTS                       • API Integration with ClientLook
NAI, Colliers, CORFAC, RE/MAX
Commercial, Ackerman & Co.              • API Integration with Watson Analytics
USER PROFILE
  • Service Provider - Tenant
    Representation Broker, Landlord
    Representation Broker, Investment
    Sales Broker, Debt/Structured
    Finance Broker, Architect,
    Construction/Project Manager,
    Software

WORKS ON                                  CEO              COO              CTO
                                          Turner Levison   Daniel Levison   Erez Fern
 ]] Phone iOS
 ]] Phone Android
 ]] Desktop/Laptop

COMMISSIONTRAC                                                                                                      19
SUMMARY

                                       CompStak creates transparency in commercial real estate markets by gathering information that
                                       is hard to find, difficult to compile, or otherwise unavailable. CompStak delivers this unmatched
                                       insight into real estate transactions to a nationwide network of members and clients, including
                                       Tishman Speyer, Wells Fargo, Equity Office, and every major brokerage.
PROFILE

COMPANY FOUNDING DATE
                                       PRODUCT
2011
                                       CompStak Exchange is a lease and sales comp
COMPANY LAUNCH DATE                    trading platform for CRE professionals at
2012                                   brokerages and appraisal fims.

WEBSITE                                CompStak Enterprise delivers detailed transaction
www.compstak.com
                                       analytics and reporting for professionals in CRE
                                       investment, banking, and other CRE firms.
TWITTER
@CompStak

LINKEDIN
www.linkedin.com/company/CompStak
                                       RECENT NEWS

HEADQUARTERS                           • We’ve added analyst-reviewed sales comps with
New York, NY                             details such as sale price, NOI, cap rate, and
                                         other hard-to-source details.
SATELLITE OFFICES
Los Angeles, CA
                                       • Over the past year we’ve doubled our coverage,
GEOGRAPHIES SERVED
                                         making CompStak available in more than 65
Nationwide US                            markets nationwide.
London
                                       • In the last year, we’ve partnered with some
MONEY RAISED                             of the biggest names in the CRE industry,
$19.5m between equity and debt           including Moody’s Analytics, Argus, and
                                         Xceligent.
ANGELLIST
https://angel.co/compstak

CRUNCHBASE                             WHAT’S NEXT
https://www.crunchbase.com/
organization/compstak#/entity
                                       • We will announce partnerships with high profile
PROMINENT CLIENTS                        industry players.
Equity Office Properties, Vornado
Tishman Speyer, Wells Fargo, Boston    • We will continue to grow our coverage across
Properties                               the US.

RELEVANT TYPES OF PROPERTY             • We will introduce new analytical tools to our
 • Retail                                platform.
 • Office
 • Industrial

USER PROFILE
 • Asset Manager
 • Developer
 • Lender
 • Owner
 • Researcher
 • Service Provider - Tenant
   Representation Broker, Landlord
   Representation Broker, Investment     CO-FOUNDER/        CO-FOUNDER/CTO
   Sales Broker, Debt/Structured         CEO                Vadim Belobrovka
   Finance Broker                        Michael Mandel
 • Valuation Analyst/Appraiser
 • Investors
                                         Michael Mandel is the Co-Founder + CEO of                 Vadim Belobrovka is Co-Founder and CTO of
                                         CompStak. CompStak creates transparency in                CompStak. Vadim received his BS in Computer
WORKS ON                                 commercial real estate by gathering information           Engineering from Columbia University. His technical
                                         that is hard to find, difficult to compile or otherwise   interests lie in functional programming and
 ]] Desktop/Laptop                       unavailable. Since launching in early 2012, Michael       data science. Outside of the demanding world of
                                         has led the company through tremendous growth,            technology and entrepreneurship, he can be found
                                         with over $19 million raised, 65 major markets            on the mats - rolling with his fellow Brazilian Jiu-Jitsu
                                         launched, and a growing team. Michael regularly           practitioners. If you ask him why he is smiling, he will
                                         speaks on the future of commercial real estate. He        show you a picture of his two little girls.
                                         has been named 30 Under 30 by Real Estate New
                                         York, and a Rising Star by The Real Deal.

COMPSTAK                                                                                                                        20
SUMMARY

                                       Dealius helps brokerage firms optimize the transaction process and increase broker production.
                                       Built on a scalable software architecture with the latest in user-interface design, Dealius eliminates
                                       the need for spreadsheets and makes deal management a simple and enjoyable experience for
                                       brokers, principals and administrators. Dealius is customizable, allowing each client to tailor the
PROFILE                                solution around the needs of their business.

COMPANY FOUNDING DATE
March 2016                             PRODUCT

COMPANY LAUNCH DATE                    Pipeline Management - for brokers and teams           Accounting - for administrators and principals to
February 2017                          to track and manage their deals, renewals, listing    manage broker production, receivables, invoicing,
                                       expirations and cash flow                             commission payments and split calculations
WEBSITE
www.dealius.com

HEADQUARTERS
Sanford, Florida

GEOGRAPHIES SERVED
United States

RELEVANT TYPES OF PROPERTY
 •   Office
 •   Retail
 •   Industrial
 •   Multifamily

USER PROFILE
 • Service Provider - Tenant
   Representation Broker, Landlord
   Representation Broker, Investment
   Sales Broker
 • Owner/Manager of CRE Brokerage
   Companies

WORKS ON

 ]] Phone iOS
 ]] Phone Android
 ]] Desktop/Laptop

                                       RECENT NEWS

                                       • Launched to market in February 2017

                                       • Ability to manage listings and lease renewal
                                         notifications                                        FOUNDER
                                                                                              Inayat Walli
                                       • Multi-office and team management                     inayat@dealius.com

                                       • Open API enables integration with CRM and
                                         Marketing platforms                                  Inayat Walli has over 18 years experience in the
                                                                                              design, development and implementation of
                                                                                              enterprise software applications and business
                                       WHAT’S NEXT                                            intelligence solutions. He spent the past few years
                                                                                              working closely with commercial real estate firms
                                                                                              across the country to gain a better understanding
                                       • Analyze historical transactions to generate          of the challenges faced by owners, brokers and
                                         comps data                                           administrators in the deal cycle, from prospecting
                                                                                              to closing. Applying his extensive technology and
                                       • Track activities to better manage clients,           business consulting experience to the commercial
                                         properties and deals                                 real estate industry, Inayat founded Dealius to solve
                                                                                              these challenges.
                                       • Multi-language and multicurrency support

DEALIUS                                                                                                                   21
SUMMARY

                                    Dealpath is the leading deal management software platform for commercial real estate investment
                                    and development teams. Founded in 2014 and based in San Francisco, the company is led by an
                                    experienced team of industry executives and technologists who are passionate about delivering the
                                    best tools and solutions for our customers.
PROFILE

COMPANY FOUNDING DATE
                                    PRODUCT
2014
                                    Dealpath platform enables smart pipeline
COMPANY LAUNCH DATE                 tracking, collaborative deal management and
Oct 2016                            powerful reporting. Investment teams can build
                                    a collaborative database of every deal reviewed
WEBSITE                             while maintaining accountability and enterprise
www.dealpath.com
                                    risk management that firms require, all from an
                                    easy to use interface that teams love.
TWITTER
@dealpath

LINKEDIN
https://www.linkedin.com/company-
                                    RECENT NEWS
beta/6387973/
                                    • August 2017 - urpassed $100B in deals
HEADQUARTERS                          supported on the platform
San Francisco, CA
                                    • August 2017 - Announced partnership with Box
GEOGRAPHIES SERVED
                                      Platform (Preferred Partner of Box Platform for
US, Canada, Mexico, UK
                                      Enterprise)
MONEY RAISED
$14M including $8M Series A on      • October 2016 - Publicly available after
October 5, 2016                       operating privately for over 2 years

ANGELLIST                           • October 2016 - Announced Series A fundraising
https://angel.co/dealpath             led by Formation8 with LeFrak, Milstein,
                                      Bechtel, Goldrest and Deep Fork Capital also
CRUNCHBASE
                                      participating
https://www.crunchbase.com/
organization/dealpath

PROMINENT CLIENTS                   WHAT’S NEXT
CBRE, Rockpoint Group, Regency
Centers, L+M Development, Four
Corners Property Trust              • Adding more integrations, new data
                                      visualizations and smart workflow automations
RELEVANT TYPES OF PROPERTY
 •   Retail
 •   Office
 •   Industrial
 •   Multifamily
 •   Land
 •   Healthcare
 •   Senior Housing
 •   Sports & Entertainment
 •   Special Purpose
 •   Mixed Use
                                      CEO/              CTO
                                      CO-FOUNDER        Luke Rajlich
USER PROFILE
                                      Mike Sroka
 •   Acquisitions
 •   Development
 •   Lender
                                      Mike Sroka is the Co-Founder and CEO of Dealpath.
 •   Asset Manager
                                      Previously, he’s spent over a decade growing venture-
                                      backed software companies including Fanhood (acq.
WORKS ON                              by FOX), Zynga (NASDAQ: ZNGA) and OneSeason
                                      (acq. by Cantor Fitzgerald). Mike started his career
 ]] Desktop/Laptop                    at Hudson Advisors, managing agent for the Lone
 ]] Tablets                           Star Funds, and graduated from Southern Methodist
 ]] Mobile Devices                    University with a B.S. in Economics with Finance
                                      Applications. Mike lives in the Bay Area with his wife
                                      and 2 kids. He’s a member of California Trout, Urban
                                      Land Institute, NAIOP and ICSC.

DEALPATH                                                                                                      22
SUMMARY

                                         Envelope is a SaaS company that helps real estate professionals search for, visualize, and run
                                         scenarios on development potential under zoning – instantly. We’ve mapped 100 years of zoning into
                                         software, so our users can focus on what happens next.

PROFILE
                                         PRODUCT
COMPANY FOUNDING DATE
11/15                                    Envelope clients can maximize their development
                                         rights by use-type, calibrate floor-to-floor heights,
COMPANY LAUNCH DATE                      select bonuses or adjacent air rights, override
5/17                                     zoning rules, and even assemble multiple parcels
                                         into a single massing.
WEBSITE
www.envelope.city

TWITTER                                  RECENT NEWS
@EnvelopeTech

LINKEDIN                                 • We raised over $2m in the last 18 months from
https://www.linkedin.com/company-          real estate industry executives.
beta/10828891/
                                         • We launched in Manhattan, with clients
HEADQUARTERS                               throughout architecture and CRE.
New York, NY
                                         • We now enable assemblages, data override,
GEOGRAPHIES SERVED
                                           validated air rights, and 3D model export.
New York City

MONEY RAISED
$2m+ angel
                                         WHAT’S NEXT
ANGELLIST
https://angel.co/envelope-3              • Envelope is raising a Seed round

CRUNCHBASE                               • We will launch in the outer boroughs in coming
https://www.crunchbase.com/
                                           months.
organization/envelope-city-inc#/entity

PROMINENT CLIENTS
                                         • We will add zoning refinements, with more bulk
SHoP Architects, Eastdil Secured,          types, special purpose districts, and features.
Millennium Partners, Avalon Bay
                                         • We will enable Envelope users to add their own
RELEVANT TYPES OF PROPERTY                 data and rules.
 •   Office
 •   Industrial
 •   Multifamily
 •   Community Facility

USER PROFILE
 • Developer
 • Lender
 • Owner
 • Researcher
 • Service Provider - Investment Sales
   Broker, Architect                       CEO              CO-FOUNDER,       CO-FOUNDER,
 • Valuation Analyst/Appraiser             Cindy McLaughlin ZONING ADVISOR GIS ADVISOR
 • Zoning Attorney, Investor                                Todd Sigaty    Sarah Williams

WORKS ON                                   Cindy McLaughlin is CEO of Envelope, a SaaS
                                           company for real estate professionals. Prior to
 ]] Desktop/Laptop                         Envelope, Cindy held CEO and President roles in a
                                           range of technology companies, from fashion tech
                                           to prison tech. Cindy has an MBA from MIT/Sloan, a
                                           BA from Mount Holyoke College, and spent 2 years
                                           in Congo as a Water/Sanitation volunteer for the US
                                           Peace Corps.

ENVELOPE                                                                                                           23
SUMMARY

                                         FUEL Enterprises develops cloud-based technology platforms for CRE. With a focus on valuation,
                                         forecasting and data, FUEL Enterprises solutions are intuitive, fast, accurate, collaborative, open
                                         and affordable. We are committed to creating software that enables you to accurately model your
                                         real estate assets, collaborate with external parties, and provide a robust reporting and analysis
PROFILE                                  platform. Our software has been built for the front office, with the latest technology, in the true
                                         cloud, from the ground-up; to serve the needs of commercial real estate owners, brokers, lenders,
COMPANY FOUNDING DATE                    appraisers, and investors.
05/01/2017

COMPANY LAUNCH DATE                      PRODUCT
05/01/2017
                                         FUEL Valuation is a state of the art cloud-based
WEBSITE
                                         technology platform powering the next generation
http://fuelcre.com
                                         of valuation, forecasting, and transactions for #CRE
TWITTER
@FUELcre                                                                                        FOUNDER &
                                                                                                MANAGING DIRECTOR

LINKEDIN                                 RECENT NEWS                                            Christopher Perry III
https://www.linkedin.com/company/
                                                                                                Twitter Handle: @cperryiii
fuelcre                                  • FUEL Enterprises was announced to the market         Email: cperry@fuelcre.com
                                           on May 1, 2017.                                      Phone: 312.508.3041
HEADQUARTERS
NYC
                                         • The FUEL Valuation platform is in production
SATELLITE OFFICES                          today and has paying clients.
Boston, Chicago, Los, Angeles, London,
Medellin, Sydney, Toronto                • FUEL Valuation is the result of a three year,
                                           multi-million dollar development initiative.
GEOGRAPHIES SERVED
United States

MONEY RAISED                             WHAT’S NEXT                                            FOUNDER & CEO
Funding of $10M+ for the development                                                            Glenn P. Murray
of FUEL’s Valuation, data warehouse,
and partner management platforms         • Mobility                                             Glenn has considerable experience in the establishment,
has been provided by the founders and                                                           funding, and development of services and technology
operating entities of the founders.      • Integration with complentary platforms               companies that serve the commercial real estate and
                                           including VTS and others                             financial services industries. Glenn has provided mission
PROMINENT CLIENTS
                                                                                                critical services to many of the most recognized names
Heitman, Brookfield, TIAA-CREF, PSP      • SSAE Controls for product development and            in global real estate and Fortune 1000 corporations.
Investments, Ivanhoe                       delivery                                             His founding ventures include FUEL Enterprises, Realm
RELEVANT TYPES OF PROPERTY                                                                      Business Solutions, rCash, Inc., KLIK.COM, Vizables, LLC,
 •   Office                                                                                     The Montauk Group, LLC, NOI Strategies, Hipercept
 •   Retail                                                                                     Applications, Inc., and Hotbed Ventures, LLC.
 •   Industrial
 •   Multifamily
 •   Medical Office, Student Housing,
     Senior Living

USER PROFILE
 • Acquisitions/Dispositions
 • Asset Manager
 • Lender
 • Owner
 • Service Provider - Investment Sales
   Broker, Debt/Structured Finance
   Broker, Software
 • Valuation Analyst
 • Appraiser

WORKS ON

 ]] Phone iOS [in development]
 ]] Phone Android [in development]
 ]] Desktop/Laptop

FUEL ENTERPRISES, LLC                                                                                                        24
SUMMARY

                                         GeoCV is a venture backed, 3D capturing company. Our mission is to enable everyone to capture the
                                         world in volumetric 3D, share it on the web and in VR.

                                         GeoCV is the only solution producing virtual tours via 3D-enabled smartphones. The Virtual Open
PROFILE                                  House, professional photos and floor plans are delivered in 2 days, at an affordable price, without
                                         sacrificing the highest quality.
COMPANY FOUNDING DATE
February 14, 2014                        Our services are provided by a network of freelance, on-demand photographers. GeoCV’s beachhead
                                         market is the 3D virtual open house experience for real estate.
COMPANY LAUNCH DATE
2017

WEBSITE                                  PRODUCT
GeoCV.com
                                         Mobile app for 3D capturing reality
TWITTER
@GeoCV3D                                 Cloud software
LINKEDIN
                                         3D viewer with smooth navigation for web, mobile
https://www.linkedin.com/
company/2769747/
                                         and soon for VR

HEADQUARTERS
New York, NY
                                         RECENT NEWS
SATELLITE OFFICES
Moscow, Russia                           • Raised $1.8m seed round

GEOGRAPHIES SERVED                       • The virtual open house package for $199 per
US starting from New York, worldwide       listing has been rapidly adopted in New York
in 2018

MONEY RAISED
$2.5m in venture capital (from 5 VC      WHAT’S NEXT
funds and 2 angels)
                                         • Novel release of a fast and easy-to-use solution
ANGELLIST
https://angel.co/geocv-1                   requiring only a smartphone with a 3D camera
                                           for capturing volumetric 3D
CRUNCHBASE
https://www.crunchbase.com/              • Build a network of on-demand photography
organization/geocv                         service providers leveraging our product

PROMINENT CLIENTS                        • Deliver the service to as many clients as possible
Compass, Douglas Elliman, Keller
                                           to make it a new industry standard and tool
Williams, Halstead, Nest Seekers

RELEVANT TYPES OF PROPERTY
 • Office
 • Retail
 • Multifamily

USER PROFILE
 • Asset Manager
 • Developer
 • Owner
 • Service Provider - Tenant
                                           CO-FOUNDER        CO-FOUNDER        DIRECTOR OF
   Representation Broker, Landlord         & CEO             & CTO             PARTNERSHIPS
   Representation Broker,                  Anton Yakubeno    Gleb Krivovyaz    Jonathan Klein
   Investment Sales Broker, Architect,
   Construction/Project Manager,
   Software
 • Tenant/Occupier                         Computer science Ph.D.s Anton Yakubenko and Gleb
 • Valuation Analyst/Appraiser             Krivovyaz have collaborated in the 3D computer
                                           vision industry for over 12 years. In their role as
                                           researchers and developers, Anton & Gleb worked
WORKS ON                                   with Samsung and Align Technology. Together
                                           they founded 3 companies – a profitable software
 ]] Phone iOS
                                           development consulting company, a startup for 3D
 ]] Phone Android
 ]] Desktop/Laptop                         modeling of building exteriors from photos, that has
                                           subsequently been acquired, and a company that
                                           developed a prototype for automated recognition of
                                           roadbed defects.

GEOCV                                                                                                                 25
SUMMARY

                                       Honeywell Home and Building Technologies (HBT) is a global business with more than 44,000
                                       employees worldwide. HBT creates products, software and technologies found in more than 150
                                       million homes and 10 million buildings worldwide. Commercial building owners and occupants use
                                       our technologies to ensure their facilities are safe, energy efficient, sustainable and productive. Our
PROFILE                                advanced metering hardware and software solutions help electricity, gas and water providers supply
                                       customers and communities more efficiently. For more news and information on Honeywell Home
WEBSITE                                and Building Technologies, please visit http://www.honeywell.com/newsroom.
buildingsolutions.honeywell.com

TWITTER                                PRODUCT
@HoneywellBuild
                                       Honeywell Outcome Based Service (OBS), redefines what’s possible in buildings.
LINKEDIN
https://www.linkedin.com/company-
beta/10796285/                         Honeywell Pulse, Connect to and address problems in your building from anywhere in the world.

HEADQUARTERS                           The Honeywell Vector Occupant App Platform (Vector) combines the convenience of today’s mobile devices
Golden Valley, MN                      with connected building features to give occupants more input over their comfort levels, satisfaction and their
                                       ability to securely move about the workplace. Backed by a cloud-based infrastructure and a rich collection of
USER PROFILE                           analytics to help increase efficiency and cost-effectiveness of building operations, Vector integrates with core
 • Owner
                                       building functions, including access and comfort control, to enhance building occupant experiences with the
 • Service Provider - Tenant
                                       touch of a screen.
   Representation Broker, Landlord
   Representation Broker, Architect,
   Construction/Project Manager          •    Digital Identification
                                         •    Bluetooth Access Control
                                         •    One Click Hot/Cold Calls
WORKS ON                                 •    Indoor Location Services
                                         •    5 Starred User Experience
 ]] Phone iOS
 ]] Phone Android                      Vector Base Functionality
 ]] Desktop/Laptop
                                       Vector is available for iOS and Android devices and helps boost Honeywell customer’s overall brand by
                                       incorporating forward-looking, connected technology that meets the expectations of today’s top talent.
                                       Vector is helping to transform buildings into productive organizational assets by forging deep connections
                                       between buildings and those within them. Vector empowers building owners and facility management and
                                       engages building occupants while providing advanced data capture and analysis to promote safer and more
                                       comfortable, efficient and interactive work and leisure spaces.
                                       Leveraging building connectivity, Vector’s key features include:

                                       Digital Identification – Eliminates the need for plastic badges or temporary tags and solves the issue of
                                       outdated photo IDs by providing an up-to-date photograph.

                                       Access Control – Builds on the app’s digital identification feature, offering mobile-based access control that
                                       can easily be managed by a facility, eliminating the need to track and replace cards or fobs.

                                       One-Click Hot/Cold Calls – Provides a quick and direct way for occupants to indicate when their work areas
                                       are too hot or too cold, and to receive confirmation that their issues are being addressed. Facility managers are
                                       alerted to occupant discomfort right away and can view the location of the call, identify patterns and quickly
                                       make adjustments to satisfy occupant requests for services.

                                       Indoor Location Services - Pinpoint location inside the building, direct people to points of interest through
                                       routes. This provides building managers with data regarding traffic patterns inside the building.

                                       Five Starred User Experience - The LinkedIn Digital Occupant App will embody the 5 Star User Experience by
                                       allowing occupants to rate their LinkedIn Building experiences in real-time using a simple 1 to 5 star rating. The
                                       5 Star User Experience “ease-of-use,” encouraging occupant feedback collected by the occupant suggestion
                                       portal. Feedback is the engine that drives the limitless potential of LinkedIn to attract, retain and engage 21st
                                       Century employees.

HONEYWELL BUILDING SOLUTIONS                                                                                                 26
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