Gunderson Dettmer represented client Keyway, a commercial real estate technology platform, in its $15 million Series Seed financing led by Canvas Ventures. Keyway uses machine learning to speed up the processes around a range of different types of commercial property deals for small and medium-sized opportunities. The new capital will enable the company to grow its teams in engineering and product development.

In the announcement of the transaction, CEO and co-founder of Keyway Matias Recchia said, “Over the last decade, the majority of PropTech innovation has centered on residential real estate. We’re excited to be at the forefront of changing the $16 trillion U.S. commercial real estate industry. Since real estate plays such a critical role in the success and viability of small and medium businesses, we founded Keyway to provide access to resources and opportunities that larger companies already enjoy, thereby leveling the playing field.”

The Gunderson deal team was led by Dan Green and included Adam Spaulding, Daniel Gallo, Alice Lu, and Alex Kamath.

Companies:
Keyway
Canvas Ventures