The startup offers a cloud-based financial modeling tool tailored for the commercial real estate sector, enabling users to access secure financial data and analytics from any internet-enabled device. Its VAL system integrates with third-party applications, enhancing flexibility and allowing real estate professionals to improve financial efficiency and productivity.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Commercial real estate professionals often struggle with cumbersome, outdated discounted cash flow (DCF) analysis tools, such as spreadsheets, that are time-consuming, difficult to learn, and lack seamless integration with other systems. These legacy systems can lead to inefficiencies, increased risk of errors, and difficulty in sharing models with clients and colleagues.
Solution
Rockport VAL is a cloud-based cash flow modeling and valuation platform designed specifically for the commercial real estate industry. The platform offers a user-friendly interface, allowing users to quickly learn the system and generate valuations. Rockport VAL integrates with existing tech ecosystems through an open API and Excel add-in, enabling data sharing and streamlined workflows. The platform eliminates the need for costly IT infrastructure and support, providing a secure environment for financial data.
Target Audience
The primary target audience includes commercial real estate lenders, investors, brokers, appraisers, and consultants who require a modern, integrated platform for discounted cash flow analysis and valuation.
Features
- Cloud-based architecture accessible from any device without requiring installation or server maintenance
- Integration with ARGUS exports, eliminating the need to recreate models
- Unlimited valuations and scenarios
- Detailed lease-by-lease modeling, including occupancy cost, percentage rent, and recoveries
- Open API for data, report packages, and integrations with property management and offering memorandum systems
- Excel add-in for integration with existing Excel models
- Support for all asset classes, including complex, multi-property mixed-use developments
- Robust debt modeling capabilities
- Secure data environment with no client data ownership taken by Rockport