Fenwick represented Bowery Valuation, a leading technology-enabled commercial real estate appraisal firm, in its $35 million Series B financing. The round was led by the Growth Equity business within Goldman Sachs Asset Management with participation from Capital One Ventures and existing investors, including Builders VC, Fika Ventures, Navitas Capital, Camber Creek, Nine Four Ventures, Greenspring Associates and Alpaca VC.
Bowery Valuation will use the proceeds from the financing to continue to fuel its combination of best-in-class appraisers and cutting-edge proprietary report writing technology as it expands across the U.S., with the planned openings of several new offices into 2022. More information about the financing can be obtained from the company's announcement.
The Fenwick transaction team included corporate partner Ian Goldstein, counsel Jonathan Sagot, associates Eugene Karlik, David Heckman and Duey Ho; and technology transactions partner Vejay Lalla and associate Albert Tawil.