Cedar Rapids, IA—April 13, 2022—STRATAFOLIO, provider of a new and innovative commercial real estate management software is one of only nine companies to be accepted into the 2022 Commercial REACH Scale-Up program. REACH is led by Second City Ventures, the strategic investment arm of the National Association of Realtors. The fund invests in pioneering companies that advance technology in the real estate sector. “We’re honored to be selected for this presitigous program,” said Frank.
“As STRATAFOLIO is implemented by commercial real estate owners across the country, we’re excited to use this upcoming REACH program experience to help us accelerate into the next stage of growth. Now, more than ever, commercial real estate firms are faced with staff shortages and need this software for efficiency gains,” said Frank.
The EDC has worked with co-founders Frank and Barillas since 2016 when they were in the early concept stage. “The whole EDC team has enjoyed working with STRATAFOLIO to support their growth. They’ve developed a very unique and compelling software product that makes the work of commercial real estate owners much more efficient and delivers insights to them, which help them to make stronger financial decisions,” said Julie Zielinski, EDC’s Vice President of Marketing and Strategy. “We’re excited for their next stage of growth.”
STRATAFOLIO was developed by Jeri Frank and Uriel Barillas as a cloud-based software solution designed specifically for people who own or manage commercial real estate to streamline their operations to save time, increase profits, and reduce manual work. The tool helps owners with financial operations, assets, and investor management by tracking and automating complex processes like Common Area Maintenance (CAM) reconciliation, lease escalations, loan management and financial statements. Visit stratafolio.com for more information.
About EDC, Inc.
The EDC (Entrepreneurial Development Center) was formed in 2003 with the mission to stimulate Iowa’s economic growth through the creation and expansion of high-impact businesses. More than 18 years later, EDC’s uniquely experienced team remains focused on this same mission: From startup to established businesses, and from medical and Ag products to Saas businesses, EDC has now supported more than 1,200 Iowa businesses who in turn have generated over $4 billion in positive economic impact. Learn more about the EDC here. If your business could use help growing to the next level, call 319-369-4955 or drop us a note, below:
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