Fundz

Funnel Raises $36M Series B To Help Apartment Operators Stop Managing Renters With Property Management Software

PRIVATEFeb 22, 2022

Amount Raised

$36 Million

Round Type

Series B

TampaOtherSoftwareReal Estate

Description

Funnel Leasing, the only renter-centric leasing platform, today announced the completion of a $36.5-million Series B raise that will transform the residential leasing process for multifamily operators. The preemptive round was led by RET Ventures, a leading PropTech-focused VC firm and existing Funnel investor. They were joined by Camden Property Trust and Morgan Properties, two of the country’s largest owners of multifamily properties, as well as Wilshire Lane Capital, Trinity Ventures and Camber Creek. Additional strategic investment was provided by RET Ventures Limited Partners MAA, Essex and Cortland

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Company Information

Company

Funnel Leasing, Inc.

Location

1115 Gunn Hwy

Tampa, Florida, United States

About

Funnel's renter-centric solutions revolutionize the antiquated process of finding a home into an enjoyable experience. We believe all renters deserve a seamless, simple and personalized journey. We provide leasing and communication tools that are intuitive and obliterate repetitive tasks — driving more efficient leasing. Join us as we help leading property management teams create tomorrow's rental experience at funnelleasing.com.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Funnel Leasing, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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