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VTS
Enterprise Software
VTS is a New York-based commercial real estate technology company providing leasing and asset management software that helps landlords track leasing activity and manage their commercial property portfolios.
$414M
-$6.46
65.89%
30 days ago
$9.80
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VTS was founded in 2012 by Nick Romito and Ryan Masiello, based on the observation that commercial real estate landlords and their leasing teams historically managed leasing activity, meaning tracking prospective tenant relationships, lease negotiations, and overall building occupancy and leasing pipeline status, using largely manual processes involving spreadsheets and email, without dedicated software specifically designed for the particular workflow and data needs of commercial real estate leasing, which differs substantially from more standardized residential real estate transactions given the typically much longer, more complex, and more individually negotiated nature of commercial leases. VTS's platform provides commercial real estate landlords and their leasing and asset management teams with tools to track leasing pipeline activity across their property portfolios, including managing broker relationships, tracking prospective tenant deals through various stages of lease negotiation, and providing portfolio-wide visibility into occupancy rates, upcoming lease expirations, and overall leasing pipeline health across potentially many different properties, giving commercial real estate owners and asset managers greater visibility into leasing activity and portfolio data.The company has positioned its platform as addressing a significant gap in commercial real estate technology, an industry that has historically been slower to adopt sophisticated software tools relative to some other industries, despite commercial real estate representing an enormous asset class where even modest improvements in leasing efficiency and portfolio visibility can represent significant financial value given the scale of the underlying real estate assets and lease transactions involved. VTS has expanded its platform beyond core leasing management into broader asset management and tenant experience-related features, addressing a broader range of commercial real estate operational needs beyond only tracking the leasing pipeline specifically. The company's customers span commercial real estate landlords, property managers, and asset management firms managing office, retail, and other commercial property portfolios. VTS has raised substantial venture funding from investors including Brookfield, Insight Partners, and Emergence Capital, reaching a valuation exceeding $1.5 billion.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
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