LandGate Unveils PowerTools Suite
Product Suite Provides Energy, Land, and Capital Markets Industries with Increased Insight into Land Resources
DENVER–(BUSINESS WIRE)–LandGate Corp., the United States’ leading marketplace and data provider for commercial land and its resources including solar, wind, minerals, water, and carbon, today announced the release of the “PowerTools Suite.”
The PowerTools Suite brings together large troves of data, property listings, landowner information and filtering capabilities that will profoundly change the way developers and land real estate agents source and evaluate land.
“With the PowerTools Suite, energy operators, investors and land real estate agents can access the best quality renewable energy and carbon data with advanced filtering and search, a marketplace of active deals and more,” said LandGate CEO and Co-Founder Yoann Hispa. “With this powerful addition to the market, investors and real estate agents can easily build a land asset position and print out reports that will aggregate — for all of the parcels selected — the potential value for solar farms, wind farms, carbon credits, water rights, agricultural/forestry value and rare earth minerals. As a larger segment of the energy sector turns toward renewables, PowerTools will be a boon for the industry, simplifying property analysis and helping professionals find, value and exchange land resources efficiently.”
The suite includes two new tools and enhancements to two existing LandGate products:
- PowerCRM is a new tool that will leverage LandGate’s solar, wind, oil and gas, mining and other databases to improve the process of identifying and tracking leads for developable land. Far surpassing even previous LandGate functionality, PowerCRM enables users to filter properties across the country based on a range of characteristics, including parcel size, proximity to a substation, state incentives, the presence of a motivated seller and more. Once parcels are identified, the SaaS (software-as-a-service) product allows team members across acquisition teams to easily track the progress of these potential investments, serving as a centralized dashboard for professionals across the entire investment process.
- PowerParcels, another entirely new product, enables users to take the next step toward completing land or resource royalty acquisitions for development. Through a LandGate partnership with CoreLogic – which has the best US parcel database and ownership information – PowerParcels allows users to export complete ownership contact information for each parcel identified in PowerCRM, making it easy to contact landowners and close a land sale, renewable royalty sale, carbon offset transaction or land resource lease without the need for the traditional, but soon-to-be-outdated, cold-calling or knock-on-door approach.
- PowerData, a U.S. renewable energy and carbon database that outstrips the market in terms of quality and coverage, gives users access to the full range of data and analytics relating to land uses and resources across the country. Users can access information about substations, distribution lines, transmission lines with voltage, max capacity, available capacity, as well as interconnection queue data including operator and location.
- PowerLeads enables developers, operators, and investors to engage specifically with the active listings on the LandGate site. LandGate is now pulling listings and leads from MLS listings and from all LandGate-subscribed land real estate agents. As part of the PowerTools Suite product enhancements, PowerLeads has received a range of upgrades, including vastly improved filtering functionality.
“With fierce competition among energy developers and land real estate agents, rigorous analysis of property resources has never been more important, and this reality is driving a significant uptick in demand from our customers,” said Eric Thompson, Managing Director at LandGate. “By bringing together an unrivaled collection of filterable data along with listings and landowner information, the LandGate software is making every stakeholder more efficient, changing the way developers make land evaluations and transactions, and hastening the country’s path toward a renewable energy future.”
These software upgrades come on the heels of LandGate’s $10-million Series B financing, which was led by NextEra Energy Resources. In addition to PowerTools Suite and other upgrades to the product suite, which are slated to be rolled out in the coming months, the firm is also bolstering its marketing and sales efforts to increase market penetration across the country.
LandGate is the leading provider of information, data solutions, and an online marketplace for US commercial land and its resources: solar, wind, carbon, minerals, and water. The company helps developers, investors, real estate agents, and landowners understand energy and environmental resource values and connect on its online marketplace for everything land-related. LandGate’s platform applies its technology to provide leads, data, analytics, and web applications to substantially reduce costs and accelerate land transactions.
LandGate has a differentiated product advantage built on the digitization of land resource data and valuations. With LandGate’s data solutions and web applications, developers, investors, and real estate professionals can (1) run economic engineering studies in minutes, (2) access land leads and MLS listings, and (3) manage their leads in a land CRM web app connecting their team and Salesforce.
LandGate was founded in 2016 in Denver, Colorado. In 2019, LandGate received Series A funding from Rice Investment Group, a widely-respected energy technology investor. In 2020, LandGate partnered with the Realtors Land Institute (RLI), the American Association of Professional Landmen (AAPL), and the Texas Engineering Executive Education (TxEEE) program from the University of Texas at Austin. In 2022, LandGate received a Series B funding led by Nextera Energy, the world’s largest generator of renewable energy, and from Kimmeridge, a leading carbon solutions private equity firm. For more information visit www.landgate.com.