Real estate development software startup Prophetic raises seed round
Prophetic, a Portland, Ore.-based startup that builds software tools for real estate developers, homebuilders, and brokerages, raised an undisclosed seed round.
Prophetic, a Portland, Ore.-based startup that builds software tools for real estate developers, homebuilders, and brokerages, raised an undisclosed seed round.
- Prophetic launched last year and aims to improve the real estate development analysis process by automating site planning, extracting data, and other features. It’s similar to CityBldr, a Seattle-area startup targeted at commercial real estate clients.
- Prophetic founder and CEO Oliver Alexander previously founded medical clinic business Orchid Health that operates in Oregon’s rural communities.
- The funding round was led by Entrada Ventures, which recently backed Seattle maritime software startup OpenTug. Other investors include SilverCircle and Progression Fund. Prophetic employs 11 people and plans to hire.
