ExactBid is a leading supplier of real estate appraisal management software for banks, appraisal management companies, and due diligence vendors such as appraisers, property inspectors, and environmental consultants.
ExactBid RIMS (Real Estate Information Management System) is an advanced appraisal management software solution for banks. It automates the appraisal process and connects banks with appraisers and other due diligence vendors. Hundreds of banks use RIMS today, including 18 of the top 25 U.S. real estate lenders.
In December of 2014, ExactBid received a significant investment from Spectrum Equity. Founded in 1994 with offices in Boston and San Francisco, Spectrum is a leading growth equity firm that provides capital and strategic support to its portfolio companies. The press release announcing the investment in ExactBid and more information about Spectrum can be found at www.spectrumequity.com.
Founded in 2000, ExactBid is headquartered in San Jose, California, the heart of Silicon Valley.