Announced
Completed
Synopsis
RET Ventures, an industry-backed venture capital firm, led a $36m Series B round in Funnel Leasing, a renter-centric platform provides leasing & communication tools, with participation from Camden Property Trust, Morgan Properties, Wilshire Lane Capital, Trinity Ventures, Camber Creek, Essex and Cortland. “RET’s Limited Partners are some of the largest and most innovative operators in multifamily real estate. They have seen Funnel’s ability to transform the entire leasing process through their initial investment years ago and they have been an invaluable partner to us ever since. We are honored to now be the full-portfolio CRM for 5 of the 20 largest apartment owners in America. This financing gives us the ability to allow other forward-thinking companies to move leasing from property level to the portfolio level,” Tyler Christiansen, Funnel CEO.
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