Fundraising Fox

Real Estate Business Analytics

Littleton, US · Founded 2019 · Delaware corporation · 2 known investors

Multifamily-focused data analytics platform offering business intelligence, budgeting and revenue management tools for property owners and operators.

Also known as REBA

Founders & leadership

DD
David DearExecutive
CB
Chris BrustExecutive
DD
Donald DavidoffNamed on SEC filing
LG
Lanny GrosseNamed on SEC filing

Board

SL
Stephen LefkovitsBoard director
DP
David Patrick MarcinkowskiBoard director
AL
Annie Laurie McCullohBoard director
DA
Dan AmedroBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$20.5M disclosed across 4 of 5 rounds · 2019–2026

$3MraisedMar 2026 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David MarcinkowskiDirector
  • Chris BrustExecutive Officer, Director
  • Sheldon LewisDirector
  • Kevork MesrobianDirector
  • Dan AmedroDirector
  • Stephen LefkovitsDirector
  • Donald DavidoffExecutive Officer, Director
  • David DearDirector
Offering amount
$3M
Amount sold
$3M
Minimum investment
$50K
First sale
Feb 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedAug 2024 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David DearDirector
  • Donald DavidoffExecutive Officer, Director
  • Stephen LefkovitsDirector
  • David Patrick MarcinkowskiDirector
  • Annie Laurie McCullohDirector
  • Dan AmedroDirector
  • Chris BrustExecutive Officer, Director
Offering amount
$10M
Amount sold
$10M
Minimum investment
$25K
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.6MraisedJan 2023 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Annie Laurie McCullohDirector
  • Dan AmedroDirector
  • Chris BrustExecutive Officer, Director
  • David Patrick MarcinkowskiDirector
  • Donald DavidoffExecutive Officer, Director
Offering amount
$6M
Amount sold
$1.6M
Minimum investment
$25K
First sale
Jan 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedOct 2021 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chris BrustExecutive Officer, Director
  • Donald DavidoffExecutive Officer, Director
  • Lanny GrosseExecutive Officer, Director
Offering amount
$6M
Amount sold
$6M
Minimum investment
$25K
First sale
Oct 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2MofferedOct 2019 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chris BrustExecutive Officer, Director
  • Donald DavidoffExecutive Officer, Director
  • Lanny GrosseExecutive Officer, Director
Offering amount
$2M
Minimum investment
$25K
Incorporated
Limited Liability Company, Colorado, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Real Estate Business Analytics (REBA) is a Littleton, Colorado-based data analytics company focused on the multifamily housing industry. The company consolidates an operator's data into a central location and offers a suite of business intelligence, budgeting, and pricing and revenue management products intended to replace spreadsheet-based workflows and fragmented data sources for multifamily leaders.

Following its December 2025 acquisition of New York City-based market analytics startup Markerr, REBA combines internal operational and asset management data with Markerr's public rent data history, demand and supply insights, and AI-driven predictive modeling. Company leadership has positioned the combined data set around compliance with the evolving regulatory environment for algorithmic rental pricing, including the Department of Justice's RealPage settlements and related laws in California, New York and Seattle.

Business model

REBA sells software and analytics products — business intelligence, budgeting, and pricing and revenue management — to multifamily owners and operators, delivering internal asset and operational data alongside external market and public rent data in a single platform.

Latest developments

In December 2025 REBA acquired Markerr, a smaller market analytics startup headquartered in New York City, in a primarily equity-based deal with a mix of cash; terms were not disclosed. The deal was announced on December 26, 2025 by co-founder and CEO Donald Davidoff. Markerr founder and CEO Brian Lichtenberger remains an investor in REBA without an operational role.

Full profile — market position, technology, go-to-market, geography, history

Market position

Described in industry coverage as a multifamily data platform and as an acquirer in a broader wave of consolidation in which real estate technology companies are buying analytics and data startups.

Positions its data foundation as clearly sourced and compliant with rules on algorithmic rental pricing, pairing internal asset-level operational data with market-level public rent data in one platform rather than relying on competitor-supplied data.

Technology

A centralized data platform combining a company's internal operational and asset management data with external market data, public rent data and AI/predictive modeling capabilities acquired with Markerr, which holds roughly seven years of public rent data history.

Go-to-market

Multifamily owners, operators and asset management teams; through the Markerr acquisition, REBA gained clients including Berkshire Residential, Invitation Homes, LCOR and Quarterra.

Geography

Headquartered in Littleton, Colorado, with the acquired Markerr business based in New York City and clients operating across the United States.

History

The company operates from Littleton, Colorado, and by late 2025 had grown into a multifamily analytics platform large enough to acquire Markerr, which was about five years into building its market intelligence product at the time of the deal.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Timeline · 1

launches, deals, and filings
Dec 2025
REBA acquires market analytics startup Markerr

Real Estate Business Analytics acquired Markerr, a New York City-headquartered market analytics startup with about seven years of public rent data history and clients including Berkshire Residential, Invitation Homes, LCOR and Quarterra. The transaction was primarily equity-based with a mix of cash; exact figures were not disclosed. Markerr founder and CEO Brian Lichtenberger remains an investor in REBA but has no operational role.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Real Estate Business AnalyticsDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Real Estate Business Analytics do?
Multifamily-focused data analytics platform offering business intelligence, budgeting and revenue management tools for property owners and operators.
Who are Real Estate Business Analytics's investors?
Real Estate Business Analytics's investors include Blueprint Equity, Decathlon Capital Partners.
How much funding has Real Estate Business Analytics raised?
Real Estate Business Analytics has disclosed $20.5M raised across 4 of its 5 known rounds.
Where is Real Estate Business Analytics headquartered?
Real Estate Business Analytics is headquartered in Littleton, US.