Dallas real estate tech firm lands new $4.5 million investment in its software-as-a-service
Dottid, a Dallas tech firm building a software-as-a-service platform for the commercial real estate industry, is getting a $4.5 million cash infusion in a new investment round.
Founded in 2018 by CEO Kyle Waldrep, the company’s software contains visual tools for tracking office, retail and industrial real estate transactions from vacancy to tours and deal signing to move-in. It has doubled square footage tracked in its platform to more than 20 million since the beginning of this year.
The new capital comes from investors that include former Stewart Title CEO Matthew Morris, SitusAMC founding partner Steven Bean and former SAP North America Services head Kevin McManus. It brings the company’s total funding to $8.4 million.
“Within the first year of launching our intuitive technology, the platform has been adopted in tens of millions of square feet of commercial properties and some…