Charles River Ventures led a $25m Series B funding round in Northspyre.

Charles River Ventures, a venture capital firm, led a $25m Series B funding round in Northspyre, a cloud-based intelligence platform, with participation from Craft Ventures, Tamarisc Ventures and Des Traynor, co-founder of Intercom. “We are exceptionally pleased about the growth we’ve experienced this past year. Our team is deeply committed to transforming the traditional real estate development and project delivery process, which is reliant on error-prone, convoluted spreadsheets that offer a limited line of sight into the real-time status of project budgets and critical risks. We’re thrilled to partner with CRV and the rest of our investors to continue bringing real estate project delivery into the 21st century,” William Sankey, Northspyre Co-Founder and CEO.