Company Overview
Snapshot
Founded in January 2014, CrediFi operated with 11–50 employees and secured $29.1 million across 4 funding rounds from 10 investors. The company was acquired by Actovia in January 2020, subsequently ceasing operations.
Business overview
CrediFi developed a big-data platform tailored for the commercial real estate (CRE) finance market. The company provided product data, loan, property, and financial information, along with benchmarks and analytics to streamline deal flow and loan origination. CrediFi also offered post-deal asset monitoring and trading, operating within the Fintech & Insurtech sector and serving the real estate industry.
Strategic signal
In January 2020, CrediFi was acquired by Actovia, a loan data firm. This acquisition marked the end of CrediFi's operations, indicating a consolidation within the commercial real estate data and analytics market. For investors, this signals the competitive landscape and the potential for strategic exits through acquisition in this niche.
Company Intelligence Q&A
- What was CrediFi's ultimate corporate outcome?
- CrediFi was acquired by Actovia in January 2020 and subsequently ceased to operate.
- What was a key product development for CrediFi in 2017?
- In July 2017, CrediFi enabled real-time streaming of real estate deal and client data directly into Salesforce, enhancing integration capabilities for its users.
- What was the strategic focus of CrediFi's platform?
- CrediFi's platform focused on providing big data analytics for the commercial real estate finance market, offering product data, loan, property, and financial information to facilitate deal flow and loan origination.
- When did CrediFi announce its first data-driven marketplace for commercial real estate loans?
- In April 2017, CrediFi launched its first data-driven marketplace for commercial real estate loans, aiming to speed up the process of financing commercial properties.