CHICAGO—Megalytics™, a new data analysis platform for the commercial real estate world, has just completed a three-month boot camp at ElmSpring, an accelerator for tech firms that focus on real estate and part of 1871 in Chicago's Merchandise Mart. And in the coming weeks the one-year old firm will complete its second round of funding and roll out its platform to additional clients.
Megalytics was one of five tech start-ups that went through this boot-camp, the second held by ElmSpring. Companies selected for the program are guided through a fast-tracked series of educational and networking opportunities led by founders Thomas Bretz and Adam Freeman. After completing the program, companies participate in an investor “pitch day” where opportunities for another round of funding begin.
Donna Salvatore, Megalytics' chief executive officer, tells GlobeSt.com that her firm has created a tool that replaces the human labor that owners typically use to perform due diligence when looking at possible acquisitions, or making leasing, property management and other financial decisions.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
