Congrats to the entire team at Remarkably (Geek Estate Mastermind member). They’ve continued building momentum and traction, and closed on a $4.1 million seed round to continue to improve leasing, revenue, and asset value with portfolio performance software. As GeekWire reports, “In less than one quarter, Remarkably expanded to 14 markets with clients across all phases of the asset lifecycle.”
The press release:
Remarkably Secures $4.1 Million Round to Propel Early Stage Growth, Announces Portfolio Analysis Functionality
The Seattle-based company has raised a venture round led by Wildcat Venture Partners to drive enterprise sales growth, technology integrations, and further development of its disruptive multifamily portfolio performance software
SEATTLE — August 6, 2019 — Remarkably, a multifamily portfolio performance software company focused on helping property owners and managers improve cash flow and asset value, today announced it has secured a fundraising round for up to $4.1 million in seed round financing. Wildcat Venture Partners led the round with participation from existing investors PSL Ventures. The company brings unprecedented portfolio and property marketing campaign insights to the $3+ trillion U.S. multifamily market via the first property and portfolio performance software of its kind.
This month, Remarkably has also launched a new portfolio view and analysis functionality, expanding upon the platform’s property performance focus. Owners and managers will now be able to identify the highest and lowest performing properties, campaigns, and acquisition funnel stages, and more importantly, determine how to fix them to meet and exceed performance goals.
“It has been a tremendous six months since our company’s launch with nationwide adoption by the top owners, managers and thought leaders,” said co-founder and Chief Executive Officer, Erina Malarkey. “With this funding we will rapidly expand our sales and marketing efforts, broaden our product team to further enhance platform functionality, and continue developing the first-ever cross-platform, cross-owner, cross-manager portfolio performance software of its kind.”
“The traction and market response that Remarkably has generated in just six months is tremendous,” said Bryan Stolle, Founding Partner of Wildcat Venture Partners. “Their success to date is driven by over a decade in the industry and a deep understanding of the wants and needs of property owners and managers. Our investment will help the company move on its path to becoming the dominant player in the space.”
“Remarkably aims to shift the paradigm and drive a transformation in the role that marketing plays in the multifamily space,” said VTS Co-founder and Remarkably investor Brandon Weber. “I’ve seen this movie before; a similar inspiration around commercial leasing led us to start Hightower & VTS. As is the case with leasing, in five years we’ll look back and wonder how we marketed without modern tools. This is a global opportunity to create a new category of software and services for CRE.”
Remarkably is a portfolio performance platform for multifamily real estate innovators. We are passionate about helping the nation’s top property owners, investors, developers, and managers reach their leasing, occupancy and revenue goals with portfolio-grade marketing operations and analytics software. Our software enables customers to achieve significant and measurable results at all stages of the real estate lifecycle, from ground-up developments to repositioned and stabilized properties. For more information, visit www.remarkably.io.
About Wildcat Venture Partners
Founded in 2015, Wildcat Venture Partners is a Silicon Valley-based venture capital firm that invests in early stage technology companies. Wildcat invests in B2B and B2B2C startups leveraging key technologies such as Machine Learning/AI, IoT, and Cloud & Mobility in the following markets: Digital Health, EdTech, Enterprise SaaS and FinTech.The Wildcat team brings decades of entrepreneurial experience, venture experience, and deep domain expertise to help early stage companies effectively navigate through the Traction Gap® and go on to scale.
Wildcat’s current investment portfolio includes companies such as: Aceable, Amplero, C3.ai, Carrum Health, Clover Health, GreenFig, LeaseLock, Obo, Remarkably, Ritual, Tuition.io, Vlocity, what3words, and Zebit. For more information, visit wildcat.vc.
About Pioneer Square Labs
Pioneer Square Labs (PSL) is a startup studio and venture capital fund. PSL exists to champion the next generation of founders by bringing together world-class talent, big ideas and investment capital. For more information, visit www.psl.com.
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