Funnel

About

Funnel provides a renter-centric platform for the multifamily industry.

Odessa,Florida,United States
101 - 250

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $36.50M
Industries: Cloud Data Services,Marketing,Property Management,Real Estate,SaaS
Founded date: Jan 1, 2009
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Funnel Leasing, Inc.
Also Known As: Nestio,Funnel Leasing,Nestio Inc.

Funnel exists so multifamily operators don't have to pick between antiquated monopolies or single solution challengers. After decades of the status quo, operators are no more efficient, and renters still dread the process of leasing an apartment. We fixed that with a platform that turns the entire business model on its head. Renter Management Software is a new category of connected tools built around the renter. The software delivers a consistent, connected experience from first inquiry through years of renewals. All this while simultaneously saving operators quantifiable money through the smaller, and happier teams that only a renter-centric platform can enable.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$75.12M

Funnel has raised a total of $75.12M in funding over 2 rounds. Their latest funding was raised on Feb 22, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 22, 2022	Series B	$36.50M	6	RET Ventures	—	Detail
Nov 12, 2020	Series A	$14.10M	4	RET Ventures	—	Detail
Dec 31, 2019	Series Unknown	$7.99M	2	—	—	Detail
Jul 11, 2018	Series A	$4.50M	7	Camber Creek Trinity Ventures	—	Detail
Dec 1, 2015	Series A	$8M	8	Trinity Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

7

30

Funnel is funded by 30 investors. RET Ventures and Camber Creek are the most recent investors.

Investor Name	Lead Investor	Funding Round
RET Ventures	Yes	Series B
Camber Creek	—	Series B
Camden Property Trust	—	Series B
Morgan Properties	—	Series B
Trinity Ventures	—	Series B
Wilshire Lane Partners	—	Series B
Techstars	—	Series A
Expansion Venture Capital	—	Series Unknown
Fin Capital	—	Series Unknown
Currency M (The Moinian Group)	—	Series A