Balcony, an innovative technology company building modern data infrastructure for the U.S. property market, on Tuesday announced it raised a $12.7 million seed round led by Blockchange Ventures, bringing its total funding to $14 million. The financing will be used to accelerate the development of “digital rails” for America’s real estate economy.
The company’s Keystone infrastructure is currently utilized by government agencies across the U.S. to manage and secure over $400 billion in property value. The new funding will scale Balcony’s engineering and go-to-market teams while expanding its platform deployment to county and state governments nationwide.
Trillions of dollars in U.S. real estate rely on land records maintained by more than 3,000 individual county offices. For decades, this fragmented data has created friction and risk. Balcony’s platform integrates with these existing systems to transform historical records into a structured, connected data layer.
This infrastructure provides a 360-degree parcel view, enabling title insurers, mortgage lenders, and capital markets to operate with greater speed. Additionally, Balcony’s mTrace platform leverages these digital rails to provide intelligence-driven threat detection for government agencies.
Balcony recently entered a five-year contract with the Bergen County Clerk’s Office in New Jersey. The project involves digitizing 370,000 property parcels, representing approximately $240 billion in real estate value.
“Modernizing how land records are organized and accessed is critical,” John Hogan, County Clerk of Bergen County. “Balcony’s platform works alongside the systems we already use to help us organize decades of records in a way that improves transparency.”
“Our role is to partner with public servants to build a modern, secure, and connected data layer upon that bedrock,” Gregg Lester, co-CEO and President of Balcony added. “We are not replacing their critical systems, but rather building the digital rails alongside them.”
Lead investor Blockchange Ventures views the modernization of property records as a vital step for the national economy and security.
“Property ownership is a pillar of our economy, and in today’s world, it’s also a matter of national security,” Ken Seiff, managing partner at Blockchange Ventures said. “Balcony’s unique ability to create a verifiable and connected view of land records is the gamechanger, empowering governments to protect against fraud and monitor foreign ownership.”
Balcony is a technology firm dedicated to building the foundational data infrastructure for the U.S. property market. By partnering with government agencies to digitize and connect land records, Balcony creates a more transparent, secure, and efficient real estate economy.
