Former Blackstone executive brings 20+ years of combined CTO and board member experience to Cherre
NEW YORK–(BUSINESS WIRE)–Cherre, the industry’s leading real estate data management and analytics platform, today announced the addition of Bill Murphy to its Board of Directors. As a seasoned technologist and proven expert in product-led growth, Bill adds a valuable, unique perspective to Cherre’s Board of Directors that will help the company accelerate its product roadmap and further increase market share. Throughout his career, Bill has served as a board member for more than ten companies including Accurics, iLevel, and Carbon Black.
Bill Murphy is a managing partner at Cresting Wave and a Senior Advisor at McKinsey and Co. He previously served as the CTO at Blackstone, where he oversaw the integration of the firm’s technology and was responsible for its strategic technology investment portfolio. Prior To Blackstone, Bill was the founding CTO for Capital IQ, one of the first true SaaS companies, overseeing product design, development infrastructure and technology support.
“We’re still in the early stages of using data for private capital investment, of which real estate is a major piece,” said Bill Murphy. “Cherre is a critical tool for enabling data-driven decision-making for real estate investors that will help separate leaders away from the rest of the pack. The company has a great vision and opportunity that I’m excited to lend my expertise to.”
“Cherre is uniquely positioned at the intersection of three major trends: the growth and availability of data, real estate as an investment class, and technology adoption across the real estate sector,” said L.D. Salmanson, CEO and co-founder of Cherre. “The infusion of product and technology expertise at every level is critical to driving Cherre’s rapid and sustainable growth. Bill’s wealth of knowledge around building strong products and customer loyalty is a perfect addition as we maximize the value that end-users can extract from Cherre’s solutions.”
Cherre seamlessly connects disparate real estate data into a single source of truth, empowering companies to instantly explore all their connected data for immediate and actionable insight. Cherre has the largest real estate knowledge graph in the world and enables customers to uncover granular insights, automate workflows, and build models and visualizations.
Cherre is the leader in real estate data and insight. We connect decision makers to accurate property and market information, and help them make faster, smarter decisions. By providing a unique “single source of truth,” Cherre empowers customers to evaluate opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analytics costs. Cherre launched in 2016 and is located in New York City.
Elizabeth Jaffe
PAN Communications
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Recently awarded the prestigious Founder of the Year RETA, L.D. Salmanson, CEO and co-founder of Cherre, is someone who seems known to just about everyone in our industry.
The round, led by HighSage Ventures, includes investment from global real estate leaders Nuveen Real Estate, RXR, and TA Realty
This partnership will enable both companies to further drive consistency of experience for key stakeholders across the data collection value stream.
