The startup will use the funds to strengthen its operations, expand its staff, and support company growth.
SuaQuadra is a B2B marketplace for commercial real estate that leverages technology to streamline the rental process for outward-facing businesses.
“We all know how vital it is to find the right location of the point of sale for the results of a company. We will use the resources to make the process of finding, renting, andstarting the storefront as easy and fast as possible,” said company’s Co-founder and CEO, Pedro Donato.
The startup provides insightful data such as foot traffic, demographics, local zoning, and plotting competitors to help business owners make better decisions. The company also assists property owners with lease management.
According to the company, its marketplace became one of the largest in Latin America, with over 2K properties registered.