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Lightbox

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LightBox Company Research Report



Company Overview



  • Name: LightBox

  • Mission of the Company:

  • Empower decision makers in the commercial real estate market by providing authoritative property data.

  • Connect people, businesses, and data on an integrated platform that facilitates workflows and transactions.

  • Champion an equitable and sustainable future by providing environmental datasets to make location-based data accessible and actionable.


  • Founded:

  • In January 2018, formed by Eric Frank and backed by Battery Ventures and SilverLake Partners with a vision to transform commercial real estate.


  • Key People:

  • Eric Frank, CEO

  • Kevin O'Keefe, CFO

  • Albert Lojko, President

  • Eric Bollens, CTO

  • Paul Vogt, General Counsel


  • Headquarters: No information is available

  • Number of Employees: No information is available

  • Revenue: No information is available

  • What the Company is Known for: LightBox is known for delivering authoritative property data, integrated CRE workflows, and unmatched industry connections that empower decision makers in the commercial real estate market.


Products



LightBox offers a diverse array of products designed for the commercial real estate industry:

1. CanMap®
  • Description: A Canadian parcel database containing over 97% property boundaries.

  • Key Features:

  • Integration with business applications for optimizing vehicle routing and determining customer serviceability.

  • More than 300 mapping layers and comprehensive GIS data.


2. ClientLook®
  • Description: A CRM platform tailored for CRE professionals.

  • Key Features:

  • Contact management, property tracking, tasks scheduling, mobile access and CRM support.


3. Collateral360®
  • Description: A platform for managing property due diligence tasks.

  • Key Features:

  • Centralized appraisal procurement, environmental reports, vendor management, and loan compliance tools.


4. EDR LIGHTBOX® Data Viewer
  • Description: A site assessment data viewer.

  • Key Features:

  • Georeferencing capabilities and comprehensive property boundaries.


5. LandVision℠ (LightBox Vision℠)
  • Description: Comprehensive mapping software for industries like real estate and government.

  • Key Features:

  • Property research completion, asset visualization, and territory management.


6. RCM® (Real Capital Markets)
  • Description: Platform for CRE sales process enhancement.

  • Key Features:

  • Market listings, close deals, manage documents and offers.


7. Valuation
  • Description: An end-to-end appraisal workflow solution.

  • Key Features:

  • Enables comprehensive property research, pipeline management, and automated report writing.


Recent Developments



  • Acquisitions and Partnerships:

  • April 2018: Acquired Environmental Data Resources and ExactBid to expand procurement offerings.

  • May 2019: Acquired Real Capital Markets and Digital Map Product.

  • June 2022: Acquired PZR®, leading zoning due diligence company.


  • Technological Innovations:

  • Remote sensing and data matching through LiDAR-based modeling.

  • Development of a broadband model to address digital divide issues.

  • Climate and resiliency initiatives supporting climate-adjusted flood models.


  • Leadership Expansion:

  • October 2019: Expansion of the executive team with Amanda Allen as CFO, Paul Vogt as GC, and Michael Fraser in Market Development.


  • Product Developments:

  • March, 2020: Launched Auction capability and Debt Capital Market workflow with CBRE.

  • October, 2020: Launched LightBox Valuation to streamline real estate valuation workflows.


This report provides an extensive overview of LightBox's business operations and strategic initiatives, showcasing their continued efforts to optimize real estate data solutions and services. Through strategic acquisitions, enhancements in data technology, and leadership expansions, LightBox remains a key player and innovator in the commercial real estate market.