Reonomy: Software giant Altus acquires real estate data firm Reonomy for $200M

The small world of commercial real estate data just got a bit smaller. Altus Group, an industry software provider, is expected to close today on the acquisition of Reonomy, the 8-year-old real estate data startup turned heavy hitter. Altus paid just under $200 million cash for Reonomy, which had raised about $128 million as of summer 2020 thanks to hefty investments from the likes of SoftBank, Bain Capital Ventures and Sapphire Ventures. Mike Gordon, Altus'The post Software giant Altus acquires real estate data firm Reonomy for $200M appeared first on The Real Deal New York.