Dealpath, CompStak form alliance
Startups plan to link products
UPDATED, 8:54 a.m., April 25: Real estate acquisitions management platform Dealpath and data company CompStak formed a “strategic partnership,” the latest case of tech startups banding together to appeal to a broader swath of customers.
Under the agreement, people who subscribe to both products can integrate them and look at CompStak’s data on the Dealpath platform.
Dealpath, founded in 2014 by Mike Sroka, Kenter Wu and Andy Lee, runs an online platform to help acquisition teams manage potential deals. Sroka said his customers often turn to CompStak, a leasing and sales comp database, when analyzing which properties to buy.
“We want to be the command center for investment decisions,” he said, adding that the company already links its platform to products like Dropbox. He predicted that more software startups will form alliances in the future.
CompStak, founded by Michael Mandel and Vadim Belobrovka in 2011, previously struck partnerships with Argus, VTS and Xceligent (which filed for bankruptcy in December). Launched as a crowdsourced leasing comp database, the company branched out into sales comps last year. In a statement, Mandel described the alliance with Dealpath as a “natural partnership.”
Correction: An earlier version of this story wrongly identified Dealpath’s new partner. It is CompStak.