After a record first quarter, and after raising our $50M Series B, we were ready to add some fuel to the fire. We’re proud to say that we closed out a killer second quarter. Seriously, we crushed it. Another record quarter!
In Q2, we grew revenue by 45% quarter-over-quarter, and increased revenue 2.6x year-over-year. We added many new customers in Q2 including one of the largest real estate property portfolios in the world with over $200B AUM, a leading real estate investment manager with $22B AUM, one of the largest SFR managers in the world with 45,000 homes, one of the largest online lead-gen companies in the world, a leading last-mile logistics investment company with 20M sqft under management, several AI and automation real estate tech companies, and many more great clients.
This quarter wasn’t just about revenue growth, new customers, and new funding. We also launched CoreExplore, our front-end application. CoreExplore includes enhanced property searches, portfolio pages, and our growing library of out-of-the-box asset management and analytics dashboards – all powered by Connections Partners. And speaking of Cherre Connections Partners, we made it easy to purchase and integrate additional datasets from DataTree by First American, BuildingFootprintsUSA, HazardHub and Trepp, and we added new data partners to our Connections Catalog.
But one of the most important areas of growth for us has been growing our team. We’re on an ambitious mission to connect all real estate data, and we’re going to need the right team to continue to make this happen. This quarter we added 30 new snow leopards to our team across data science, engineering, product, sales, customer success, marketing, and operations, and we’re looking forward to adding many more soon. If you’re looking for an opportunity to change the world and be rewarded for it, please check out our Careers page.
While we had a great quarter, we know that we still have a lot of work ahead of us. Each quarter we set the bar even higher for ourselves so that we can continue our growth pace while staying committed to adding value to all of our partners and clients along the way.
We remain focused on, and dedicated to the one thing that we do best in the world, and that’s real estate data. We are full steam ahead already in Q3 and we look forward to sharing more with you all along the way.
The Cherre Team