BatchService, a software company in the real estate sector, has been growing rapidly since its founding in 2018 and has just acquired its own HQ building in Tempe.
The building, at 4625 S. Wendler Drive in Tempe, covers 44,000 square feet over two floors, space the company hopes to grow into over time.
Jesse Burrell, the CEO and co-founder of BatchService, said the company is not pursuing break-neck growth in the current market, but buying the building is a bet on the company’s longer term potential.
“We kept renting or buying places, and we'd outgrow it in 12 months,” he told AZ Inno. “It takes a lot to move and it's expensive. And we would rather grow into something than keep just getting something that fits us. So we really just tried to future-proof it.”
The company currently employs about 300 people, about 70 of which are in the Valley. Burrell said they have people in 12 countries, but India and the Philippines are its two largest international hubs.
The Tempe office has enough space to support as many as 400 people in the coming years, Burrell said, but for the time being BatchService is only occupying the first floor. Instead of leasing the second floor out, they will use it as an events space until they need to move in full time.
“We're going to kind of turn into a little event center, where coaches and people can have networking events, and we're going to kind of monetize it that way,” he said. “We wanted to have flexibility but at the same time, offer benefits to our community and also a way for us to have conferences and really make it this real estate technology space, especially in Phoenix, to have this be the place that people think of for events."
BatchService offers leads to real estate sector
Burrell co-founded BatchService with Anny Draginova and Ivo Draginov, all of whom were real estate investors before turning to tech.
BatchService is a software platform that connects businesses with data about homes and homeowners. The company primarily serves real estate investors and agents, as well as roofers, title companies and anyone else that does business in residential real estate.
Burrell and his co-founders saw a need for a consolidated source of real estate information during their investing days and decided to make it themselves, first for their own use then as a tool for others.
BatchService, a data source for leads, is the company’s main offering, but it also makes BatchDialer, BatchData and BatchSkipTracing, so it can be a one-stop-shop for real estate investors.
“People had to have 5, 6, 7 subscriptions just to make their business run,” Burrell said. “We're trying to get it to one subscription, or one service, where they could do a lot of the things that need to be done.”
Thus far, Burrell and the BatchService team have eschewed any outside funding or venture capital. Instead, they have bootstrapped the company with their own money and have achieved profitability, Burrell said.
