Coming off a string of recent awards, Denver-based commercial real estate software company Apto announced last week that it has raised $5 million to further build out its platform.
The company, which launched in 2012, allows commercial real estate professionals to manage contacts, properties, listings and deals from anywhere on any device.
As part of this funding round, Tanner McGraw, the former commercial real estate broker who founded Apto, is returning as president of the company. Since the start of the year, McGraw had been serving as the CEO of BlueSuit, an AI commercial real estate investment startup that was recently accepted into the Colliers Proptech Accelerator powered by Techstars.
"The new funding should help us get over the finish line building out the product platform, although we’ll never be done evolving it to meet the unique needs of commercial real estate brokers," McGraw said in a statement on Apto's recent round.
To date, the company has raised nearly $25 million, according to Crunchbase, with its most recent equity funding round closing in July last year.
Apto has made a host of product enhancements in the past year, with the launch of its listings marketing functionality and an email marketing integration helping brokers market properties faster and more efficiently.
In addition, the company landed on the Inc. 5000 list of fastest-growing companies for the fourth consecutive year and on the Denver Business Journal's Fast 50 list for the third straight year.
As it continues to grow, Apto is hiring for a variety of positions in Denver, on the data, marketing and business development sides.