Bowery Valuation, the leading technology-enabled commercial real estate appraisal firm, today announced the successful extension of its Series B funding round, raising an additional $16.3 million to support ambitious growth plans and further propel innovation in the real estate valuation industry. The Series B extension round was led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with the addition of Curql Collective as new investors, and continued support from all major existing investors. Existing investors include Capital One Ventures, Stepstone Group, Builders VC, Fika Ventures, Navitas Capital, Camber Creek, and Nine Four Ventures. The infusion of capital underscores the market's confidence in Bowery Valuation's cutting-edge technology platform, bringing Bowery's total funding to over $80 million following the $35 million in Series B venture funding it received just two years ago.

Bowery Valuation is the leading technology-enabled commercial real estate appraisal firm. Since its inception in 2017, Bowery Valuation has been disrupting the commercial appraisal process. As the first vertically integrated appraisal company, Bowery has reimagined the appraisal process providing their in-house team of appraisers with innovative, tech-driven end-to-end software solutions. Utilizing public record integration, a mobile inspection app, natural language generation, and exhaustive databasing, Bowery has modernized the appraisal process providing the country's top lenders with higher quality reports and faster turn-times than anyone in the industry.