Prestigious Annual Awards Program Recognizes Breakthrough Innovation in the Global Real Estate Technology Industry.
NEW YORK, August 13, 2025 – Cherre, the leading real estate data management and intelligence platform, today announced it has been named “Commercial Data Management Platform of the Year” in the 5th annual PropTech Breakthrough Awards program. PropTech Breakthrough, a leading independent market intelligence organization, evaluates and recognizes the world’s most innovative real estate technology companies and solutions worldwide.
This year’s recognition spotlights Cherre’s breakthrough in AI-powered document intelligence, moving the industry beyond traditional structured data management to unlock insights from semi-structured documents and unstructured CSV and Excel files – such as rent rolls, operating statements, and trial balances. These documents are the DNA of every investment decision, but were previously inaccessible to systematic analysis without significant human intervention and manipulation.
Cracking the Code on Real Estate’s Excel Dependency
Real estate’s heavy reliance on Excel – with its merges, pivots, concatenations, and inconsistencies – has posed a persistent and pervasive challenge. Cherre’s AI-driven solution solves this industry-wide problem by combining generative AI with deterministic data processing recipes to operationalize even the most complex Excel files at scale, delivering unmatched accuracy in record speed.
“Cherre has moved beyond traditional data management to unlock an entirely new paradigm: AI-powered document intelligence,” said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. “Real estate’s dependency on Excel has been nearly impossible to solve with reliable precision. Cherre’s transformative solution finally cracks the code, making it possible to connect all your data, no matter the format or the source. By pairing automation with human control, Cherre enhances data quality and unlocks access to previously siloed insights.”
Trusted, Transparent, and Ready for AI
Cherre’s AI-powered document intelligence delivers speed and accuracy in processing complex documents, while the platform’s enterprise-grade data observability capabilities provide the trust foundation organizations need to confidently implement AI initiatives. Real-time validation, complete data lineage transparency, and proactive quality monitoring ensure organizations can act quickly without sacrificing accuracy. This combination of intelligent processing and trusted data foundation powers advanced capabilities like Cherre’s recently released Agent.STUDIO – an agentic AI development module – enabling clients to safely and securely orchestrate AI agents that leverage their complete connected, validated, and trusted datasets for transformative business outcomes.
“This award represents far more than conquering unstructured data chaos,” said L.D. Salmanson, CEO and Co-Founder of Cherre. “AI innovations like our intelligent ingestion platform mark just the tip of the iceberg. We have transformed previously inaccessible documents into connected, trusted data, and laid the foundation for what’s next – faster onboarding, richer analytics, and AI-powered workflows that will redefine how the industry drives outcome-focused automation at scale. We are honored for this recognition and energized to continue proving how Cherre will propel the real estate sector to new heights.”
About Cherre
Cherre is the leading real estate data management and intelligence platform, trusted by asset managers, investment managers, and property managers to transform fragmented data into actionable insights. The company’s comprehensive connector ecosystem, Universal Data Model, and observability and validation features enable organizations to unify, trust, and leverage their data for superior decision-making and untapped business opportunity. For more information, visit www.cherre.com.
About PropTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the PropTech Breakthrough Awards program is devoted to honoring excellence in technologies, services, companies and products that empower remote work and distributed teams around the globe. The PropTech Breakthrough Awards program provides a forum for public recognition around the achievements of technology companies and solutions in categories including messaging & communication, project management, virtual events, team collaboration, virtual offices, collaborative design and more. For more information visit PropTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose
Cherre, the leading real estate data management and intelligence platform, awarded “Commercial Data Management Platform of the Year” in the 5th annual PropTech Breakthrough Awards program.
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