When was MassDevelopment founded?

MassDevelopment was founded in 1998 and raised its 1st funding round 10 years after it was founded.

Where is MassDevelopment located?

MassDevelopment is headquartered in Boston, United States.

How many employees does MassDevelopment have?

As of Aug 31, 2026, the latest employee count at MassDevelopment is 198.

Is MassDevelopment a funded company?

MassDevelopment is a funded company, having raised an undisclosed amount across 7 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Mar 06, 2008.

When was the latest funding round of MassDevelopment?

MassDevelopment's latest funding was a $***** Grant (prize money) round on Dec 17, 2025, with participation from 1 investor.

Where does MassDevelopment rank among its competitors?

MassDevelopment ranks 196th amongst 32993 active competitors, of which 347 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SILA, which secured $100M in Apr, 2026.

Who are the top competitors of MassDevelopment?

MassDevelopment's top competitors include Emaar, Wanda Group and Godrej Properties. Among them, SILA secured the most recent funding round in April, 2026.

MassDevelopment - 2026 Company Profile, Team, Funding & Competitors

MassDevelopment is a funded company based in Boston (United States), founded in 1998. It operates as a Provider of financing, real estate, and community development solutions. MassDevelopment has raised an undisclosed amount in funding. The company has 32993 active competitors, including 347 funded and 2054 that have exited. Its top competitors include companies like Emaar, Wanda Group and Godrej Properties.

Company Details

Provider of financing, real estate, and community development solutions. It offers various financing tools, including bonds, loans, and tax credits, as well as real estate services encompassing planning, permitting, development, and management. These solutions are tailored to support businesses, developers, and municipalities. The organization also provides resources for small businesses and undertakes transformative development initiatives. Its services aim to stimulate economic growth and revitalize communities.

Website: massdevelopment.com
Social
Phone Number: +1 **********

Key Metrics

Founded Year

1998

Location

Boston, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Dec 17, 2025, $*****

Investors

National Oceanic and Atmospheric Administration & 2 more

Ranked

196^th among 32993 active competitors

Employee Count

198 as on Aug 31, 2026

Investment & Acquisitions

Smart Connected Ventures & 16 more

Similar Companies

RMZ Corp & 13869 more

View MassDevelopment's full profile

MassDevelopment has raised funding over 7 rounds. Its first funding round was on Mar 06, 2008. Its latest funding round was a Grant (prize money) round on Dec 17, 2025 for $*****. 1 investor participated in its latest round. MassDevelopment has 3 institutional investors.

Here is the list of recent funding rounds of MassDevelopment:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2025	1135951	Grant (prize money)	5379663	6313939	8627558	6642566
Jun 02, 2015	4809221	Grant (prize money)	3791759	9434738	8027910	Military Health
Sep 11, 2013	1392240	Grant (prize money)	9426971	6898132	1392897	National Oceanic and Atmospheric Administration

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MassDevelopment's employee count trend

MassDevelopment has 198 employees as of Aug 26. Here is MassDevelopment's employee count trend over the years:

Employee count trend for MassDevelopment

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Top competitors of MassDevelopment include Emaar, Wanda Group and Godrej Properties. Here is the list of Top 10 competitors of MassDevelopment, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Emaar 1997, Dubai (United Arab Emirates), Public	Provider of real estate development properties	$98M	Mashreq Bank, Taaleri & 13 others	82/100
2nd	Wanda Group 1988, Beijing (China), Late Stage	Provider of commercial hotels, resorts, and apartments management & development services	$7B	PAG, tencent-holdings.com & 6 others	72/100
3rd	Godrej Properties 1990, Mumbai (India), Public	Developer of residential and commercial real estate projects	-	SBI Pension Funds, GIC & 9 others	69/100
4th	Vingroup 1993, Hanoi (Vietnam), Public	Provider of real estate development and management services	-	IMM Investment, Korea Investment Private Equity ... & 4 others	69/100
5th	Max Estates 2016, Noida (India), Public	Provider of residential & commercial development services	-	-	67/100
6th	DLF India 1946, Gurugram (India), Public	Provider of property and real estate development services	-	HDFC Mutual Fund, Goldman Sachs & 12 others	67/100
7th	Prateek Group 2005, Noida (India), Seed	Developer of commercial and residential real estate projects	$31.6M	Auto Components India, fortuneengineering.co.in ... & 7 others	66/100
8th	Lendlease 1958, Melbourne (Australia), Public	Provider of sustainable project development services	-	Gresham, AUI & 2 others	66/100
9th	M3M India 2010, Gurugram (India), Series D	Provider of real estate and commercial project development services	$538M	Piramal Group, PAG & 9 others	65/100
10th	SILA 2010, Mumbai (India), Series B	Provider of facility management, material handling, food catering, real estate advisory, and development services	$146M	Norwest, Norwest Venture Partners & 28 others	64/100
196th	MassDevelopment 1998, Boston (United States), Funding Raised	Provider of financing, real estate, and community development solutions	-	National Oceanic and Atmospheric Administration, Military Health ... & 1 others	51/100

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MassDevelopment has not made any acquisitions yet. MassDevelopment has made 17 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 08, 2026	Investments	Smart Connected Ventures	1996	Ridgefield (United States)
Nov 14, 2024	Investments	OnPoint Surgical	2016	Concord (United States)
Jan 26, 2021	Investments	East Coast Seafood	1906	New Bedford (United States)