Proptech companies continue to attract investment and roll out new tools aimed at improving efficiency, data visibility, and the resident experience across multifamily operations. Recent announcements include fresh funding, new partnerships, product launches, and platform milestones as firms look to streamline maintenance, leasing, analytics, and property access.
AppWork Raises Additional $7 Million to Advance Maintenance Solutions
AppWork, a proptech platform helping to eliminate maintenance backlogs and improve resident satisfaction, has raised approximately $7 million in new financing. This capital will be used to develop tools that improve technician productivity and shorten response times; grow engineering and client success teams; and expand support capabilities to help operators see measurable results quickly and reliably.
Led by Resolve Growth Partners, a growth equity firm focused on investing in and scaling vertical SaaS companies, this capital follows a $13 million Series A round in 2025, reflecting a commitment in multifamily maintenance solutions after a year with over 200% growth.
“This continued investment is a strong validation of the impact we’re delivering for owners and operators,” said co-founder and CEO Sean Landsberg. “Our proven platform has helped property owners and operators to reduce maintenance bottlenecks and improve operational accountability, factors that play a pivotal role in elevating the resident experience. With this capital, our team is accelerating our roadmap to drive even greater efficiency across multifamily portfolios nationwide.” appworkco.com
Crexi and Dwellsy Announce Strategic Partnership
Commercial real estate (CRE) data platform Crexi has formed a strategic partnership with rental marketplace Dwellsy. By integrating Dwellsy’s unit-level rental data into Crexi Intelligence, CRE professionals can analyze rental and sales comps as well as ownership records within a single platform for multifamily underwriting and pricing.
“Multifamily analysis has historically relied on fragmented workflows that force teams to move beyond platforms to assemble rental comps, unit details, and market benchmarks, limiting speed, accuracy, and confidence,” said Crexi founder and CEO Michael DeGiorgio. “By integrating Dwellsy’s detailed rental data alongside ownership, sales comps, and market intelligence, Crexi enables a more complete and efficient approach to multifamily decision-making, improving pricing, underwriting, and portfolio strategy.”
Benefits and new capabilities include unified insights with sales and rental comps living side by side in a single workflow with detailed information on over 620,000 properties; integrated rental comps; visual market intelligence with interactive map overlays, heatmaps, and trend data; in-workflow benchmarking; and seamless reporting and exports.
Dwellsy co-founder and CEO Jonas Bordo noted that multifamily purchase and sale decisions are only as strong as the rental data behind them.
“By integrating Dwellsy’s unit-level rental intelligence directly into Crexi’s workflow, we’re giving professionals access to comprehensive, source-verified rent data at a moment they’re underwriting, pricing, or evaluating a deal.” crexi.com; dwellsy.com
Funnel Hits $50 Million in Annual Revenue
Funnel, a customer relationship management and agentic artificial intelligence (AI) platform for multifamily operators and managers, reached $50 million in annual revenue, hitting the milestone in only six years.
According to Funnel, this milestone reflects a broader shift in the industry, with centralization and specialization becoming the default operating model. Its people-first approach to AI, data architecture, and enterprise partnership helps operators to scale for consistency and be more efficient.
“Reaching $50 million in annual revenue matters because it reflects operator validation at scale. You get there when operators standardize across the portfolio, renew year after year, and trust the platform with the workflows that run their business,” noted RET Ventures founder and partner John Helm. “At RET Ventures, we invest on behalf of many of the leading and largest owners, operators, and third-party managers. Our network pressure tests whether a technology actually makes a difference to operations and informs product growth. This milestone is a strong signal that the market is choosing solutions that support people and improve execution at scale.” funnelleasing.com
PointCentral Debuts Multi-Credential Z-Wave Lock for Multifamily Access
PointCentral, a smart rental property automation platform, has introduced a multi-credential Z-Wave lock fully integrated with perimeter access and remote property management. The solution enables renters to use a single credential, such as a badge, to enter the community and unlock their apartment. It also allows property managers to retain the flexibility to issue PIN codes for self-guided tours, vendors, or renters who prefer keypad access.
This lock solution was developed in collaboration with Yale, part of Fortune Brands Innovations, to deliver a unified, single-key solution specifically designed for multifamily. The lock supports radio-frequency identification (RFID) access badges, including proximity cards, key fobs, and tags. It also has optional concurrent keypad PIN code access. It also integrates directly into the PointCentral smart property automation platform so property teams can remotely manage credentials, monitor access, and streamline operations from a centralized dashboard.
“This is about simplifying access for residents while giving operators a single unified and flexible system to manage,” said Matt Correnti, head of enabling technologies at PointCentral. “By merging RFID credentials with Z-Wave remote management, we’re pushing the market forward with a lock solution designed specifically for the realities of multifamily living.”
The new multi-credential Z-Wave lock will be showcased at ISC West, March 23-27, with a limited early release to follow for select multifamily partners. pointcentral.com
RentRedi Launches New Financial Dashboard for Landlords
Property management software firm RentRedi has launched Portfolio Performance, a financial analytics suite to help landlords monitor and grow their rental business in real time. The dashboard analyzes data from rent collection, maintenance coordination, and accounting to provide a unified view of the financial health of a rental property.
According to RentRedi, this will help independent landlords go beyond collecting rent and toward managing long-term return on investment (ROI).
“Portfolio Performance marks the next chapter for independent landlords,” said founder and CEO Ryan Barone. “With real-time insight into cash flow, expenses, equity growth, and ROI across their portfolio, landlords finally see exactly how their investments are performing. That visibility helps them move faster, reinvest smarter, and driver stronger performance across every property they own.” rentredi.com
Stake Closes $8 Million in New Financing, Makes Acquisition
Stake, a network for renters, has closed $8 million in new debt and equity financing after growing revenue fourfold in 2025. This financing follows the acquisition of Lighthouse and subsidiary UMoveFree, the largest apartment locating platform in Texas.
The acquisition expands The Stake Network by delivering financing benefits to renters at the time it matters most: when they are searching and choosing a home in a market defined by affordability pressure.
The strategic financing was led by LAGO, with equity participants RET Ventures, Bluefield Capital, Hamilton Ventures, Gaingels, Hub Angels, and Second Century Ventures, the venture capital arm of the National Association of Realtors. The financing is expected to accelerate the firm’s growth in rental search and leasing services as well as fuel additional acquisitions.
UMoveFree has empowered 5 million renters in their search for a home and delivered over $35 million in cash back. Its management team brings extensive multifamily experience, and its proprietary leasing platform is recognized for combining high-intent search with concierge-level service.
“You can search for a deal on a hotel. You can search for a deal on a flight. But until now, you couldn’t reliably search for a deal on rent,” said Stake co-founder and CEO Rowland Hobbs. “With UMoveFree powered by Stake Cash Back, we’re making affordability visible at the start. Now renters can find cash-back offers when they’re deciding where to live, not after they’ve already signed.”
Proceeds from the financing will be used to integrate and expand UMoveFree’s search and demand engine, scale cash-back rental discovery into new markets, and accelerate product development across Stake’s renter savings platform. getyourstake.com