What is Icrex?
ICREX, powered by Moody's CRE, operates as a broker-managed database for commercial property listings and historical data, specifically tailored for Indiana's real estate professionals. The platform boasts an extensive repository of over 182,000 comparables, facilitating efficient collaboration and marketing of listings. Through its integration with the Moody's network and Commercial Exchange, ICREX provides national exposure for its members' properties, enhancing visibility and driving business growth with a suite of powerful operational tools.
How much funding has Icrex raised?
Icrex has raised a total of $31K across 1 funding round:
Debt
$31K
Debt (2021): $31K with participation from PPP
Key Investors in Icrex
PPP
Public-Private Partnership
What's next for Icrex?
The substantial expansion capital secured by ICREX positions the company for accelerated growth and enhanced market penetration. This strategic investment is expected to fuel the development of new platform features, expand its data offerings, and potentially broaden its geographic reach beyond Indiana. The company's focus on providing accurate, regularly updated information and robust tools for brokers suggests a trajectory aimed at solidifying its position as a leading resource in the commercial real estate technology sector.
See full Icrex company page