Wednesday, September 29, 2021
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Camber Creek closes $155 million Fund III for investment in Real Estate technology

Camber Creek, a venture capital firm focused on investing in and scaling early and growth stage companies said that it has closed an oversubscribed third fund with capital commitments of $155 million.

Founded in 2011, Camber Creek has more than $250 million in assets under management and notable investments in leading proptech companies such as Notarize, VTS, Latch, Bowery Valuation, Measurabl, Funnel, Compstak, Curbio, Fundrise, WhyHotel, Building Engines, Rabbet, TaskEasy, Latista (acquired by Oracle), RedIQ (acquired by Berkadia), Vedero (acquired by Murata), Canvas (acquired by K1 investments) and ClearEdge3D (acquired by Topcon).

“We are excited about the recent close, made possible by the strength and growth of Camber Creek’s institutional platform. We plan to harness this opportunity to continue our proven strategy and hands-on approach to investing in proptech companies,” said Casey Berman, founder and General Partner of Camber Creek.

Also Read | Jake Fingert: Proptech is the force currently having largest impact on real estate sector

“The real estate technology space has seen incredible growth in recent years driven by a number of changing fundamentals across the real estate industry,” added Jake Fingert, a General Partner at Camber Creek.

“Our disciplined process for analyzing, beta testing, and scaling great companies in partnership with our provides a meaningful advantage in the market and allows us to continue to back runaway successes,” he said.

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