Reonomy Appoints First Chief Operating Officer to Oversee Company Expansion
Start-up veteran Brooks Pettus joins Reonomy leadership team; will develop and implement growth strategy as firm expands offering and enters new markets
New York, January 20, 2016 – Reonomy, the fast-growing commercial real estate technology company, has named Brooks Pettus as the company’s first Chief Operating Officer. Pettus, a startup veteran with over two decades of business growth experience, will join the company’s New York-based team, and will be charged with operating and leading the growth of the business as it expands across the United States.
An entrepreneur for more than twenty years, Pettus has spent the last decade building high-growth tech companies from early stage through to exit, holding a range of leadership roles including Chief Executive Officer, Chief Operating Officer and Chief Revenue Officer.
“We created the role of Chief Operating Officer because 2016 is about high impact expansion,” said Rich Sarkis, CEO, Reonomy. “In 2015 we grew from a handful of users to over a thousand, spread over hundreds of companies. Customers log in everyday to find new opportunities and get real ownership information. We are now moving into a high-growth phase, in order to offer this unique value to new users in new markets with new products. I am thrilled to have Brooks join us as he is the ideal choice to lead this charge. He comes to Reonomy with deep experience in growing start-ups into fully fledged businesses.”
“Reonomy is making big waves in the commercial real estate tech space, and I’m excited to be a part of its future,” said Brooks Pettus. “Reonomy is incredibly compelling because of the strength of the executive team and the size of the market space they are attacking. The $15 trillion commercial real estate space is hungry for innovative, technology-based solutions that address real pain points in the industry. Reonomy has identified a unique way to aggregate data and to make it useful to their customers. They already have a product that customers can’t live without.”
Founded in 2013, Reonomy is a fast-growing commercial real estate technology company. The firm delivers the insights and information needed by brokers, lenders and investors, when and how they need them. Reonomy is headquartered in New York City and is venture capital backed; the company’s investors include Bain Capital Ventures, Fintech Collective, KEC Ventures, Primary Venture Partners, Resolute Ventures, SoftBank Capital, and Solon Mack Capital. For more information visit www.reonomy.com, and follow the company on Twitter at www.twitter.com/reonomy.
Katie Higgins, Reonomy