VTS raises $90m in latest funding round

Real estate technology firm VTS has raised $90m (£69m) in its latest funding round, which is believed to be the largest proptech venture financing ever made.

Brookfield Ventures (the technology investment arm of Brookfield Asset Management) led the Series D funding round and was joined by new investors GLP and Tishman Speyer.

Previous investor Fifth Wall was also among investors involved.

The proceeds will be invested into VTS’s platform for leasing and asset management, both domestically and internationally.

Funds will also be used to accelerate the launch of end-to-end commercial real estate leasing marketplace, truva,