NEW YORK--(BUSINESS WIRE)--Cadre, an online investment marketplace providing greater access and insight into institutional quality real estate investments, today announced they are opening an office in Toronto, Canada.
This past year, Cadre has driven phenomenal growth and value, both for investors and operators on their platform. The business has also experienced significant momentum including announcing a $65 million Series C funding round and scaling to more than $1 billion worth of investments made on their platform.
“We’re thrilled to announce our expansion to Toronto and this is only the beginning: this new endeavor will drive expansion into additional markets, accelerate our technology roadmap, and continue the growth of our world-class technology and real estate teams,” said Ryan Williams, CEO and Co-Founder of Cadre.
To help build and lead the expansion, the company also announced that Raj Singh has joined Cadre as head of the Toronto office. A fifteen-year veteran of both technology and commercial real estate, and an entrepreneur in his own right, Raj joins Cadre from the Altus Group, where he ran product management and marketing after selling a software company he founded to Altus in 2014.
Cadre will be an active and supportive member of Toronto’s tech community. The company has already forged a partnership with TechTO, the organization that runs the city’s largest technology meetup, with the goal of bringing together the city’s brightest minds to drive innovation and expand our collective knowledge.
Cadre’s move into Toronto allows the company to tap into a deep pool of engineering and business talent in one of the largest financial centers in North America. Over the next twelve months, Cadre plans to build a significant team in Toronto focused on engineering and product, all in service of accelerating their mission to create the world’s first digital marketplace for alternative assets.
Cadre is a technology-enabled investment platform that connects qualified individuals and institutions to fully vetted, compelling real estate investment opportunities. Launched in 2014, Cadre enables investors to purchase assets in a significantly more efficient, transparent and economical manner. Cadre has raised more than $133M from investors including Andreessen Horowitz, Jim Breyer of Breyer Capital, Ford Foundation, Founders Fund, General Catalyst, Goldman Sachs, Khosla Ventures, SL Green and Thrive Capital. For more information, please visit cadre.com.