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Colleen Ai Announces $3.5 Million In Series Seed Funding Led By Wilshire Lane Capital

PRIVATEJul 20, 2023

Amount Raised

$3.5 Million

Round Type

Seed

Daytona BeachReal Estate

Investors

National Home RentalsMagnolia CapitalSkybox CapitalMorgan PropertiesWilshire Lane Capital

Description

Colleen, the Artificial Intelligence (AI) platform optimizing payment collections for multifamily real estate business, announced today that it has raised $3.5 million in Series Seed funding. The round was led by Wilshire Lane Capital, an early-stage venture capital firm backed by Morgan Properties (the third largest NMHC multifamily apartments owner in the U.S.), with participation from Skybox Capital, owner of residential companies Magnolia Capital and National Home Rentals. Having identified value in Colleen, Morgan Properties, Magnolia Capital, and National Home Rentals are also existing customers.

Quick answer

Colleen AI raised $3.5 Million in a Seed round, dated July 20, 2023. Investors: National Home Rentals, Magnolia Capital, Skybox Capital, Morgan Properties and Wilshire Lane Capital. Colleen AI is based in Daytona Beach, Florida, United States.

How much did Colleen AI raise?
Colleen AI raised $3.5 Million in a Seed round on July 20, 2023.
Who invested in Colleen AI?
National Home Rentals, Magnolia Capital, Skybox Capital, Morgan Properties and Wilshire Lane Capital are named as investors in this round.
What does Colleen AI do?
Colleen is the AI-powered, integrated platform solution optimizing rent and debt collections for multifamily property managers and residents.
Where is Colleen AI based and how big is it?
Colleen AI is based in Daytona Beach, Florida, United States.
Who are the decision-makers at Colleen AI?
Fundz holds 1 contact at Colleen AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate around the same time

Companies in the same sectors as Colleen AI that raised within 45 days of this round, from Fundz verified event records.

  • Rent Butter raised an undisclosed amount (Seed) on August 31, 2023.
  • Compass International Holdings raised $5.5M on August 31, 2023.
  • Jitty raised $2M (Seed) on August 28, 2023.
  • Occuspace raised $3.6M (Seed) on August 24, 2023.
  • Andorix raised $40M (Funding Round) on August 22, 2023.
  • Funnel Leasing, Inc. raised $12M on August 18, 2023.

Who to call at Colleen AI, and when

A new round usually means Colleen AI is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Colleen AI

Location

Daytona Beach, Florida, United States

About

Colleen is the AI-powered, integrated platform solution optimizing rent and debt collections for multifamily property managers and residents. By offloading the payment collections process and proactively engaging residents, Colleen saves property teams time, accelerates operational efficiency, and boosts the bottom line.

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Fundz sees it the moment Colleen AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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