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Billee Technologies secures $9.15M in Seed funding to transform utility management for multifamily properties, led by RET Ventures.

Jul 16, 2025•3 months ago

Amount Raised

$9.15 Million

Round Type

seed

DallasArtificial IntelligenceSoftware

Investors

Ret Ventures

Description

Billee Technologies, a utility management platform, has completed its Seed financing round, raising $9.15 million. Led by RET Ventures, the startup aims to revolutionize utility billing with AI and automation, addressing operational inefficiencies in the multifamily sector. Traditional billing methods often lead to errors and compliance issues, which Billee seeks to eliminate. This funding will enhance Billee's ability to streamline utility workflows and improve accuracy.

Company Information

Company

Billee Technologies

Location

Dallas, Texas, United States

About

Billee Technologies is a startup focused on revolutionizing utility management for the multifamily sector by leveraging artificial intelligence and automation. Their platform addresses long-standing operational pain points by streamlining utility billing processes, improving accuracy, and ensuring compliance. Co-founded by proptech veteran John Hinckley, Billee aims to empower property owners and operators with innovative solutions. The company is already in use across several multifamily communities, delivering significant cost savings.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers