Funnel Raises $36M Series B To Help Apartment Operators Stop Managing Renters With Property Management Software

Funnel Leasing, the only renter-centric leasing platform, today announced the completion of a $36.5-million Series B raise that will transform the residential leasing process for multifamily operators. The preemptive round was led by RET Ventures, a leading PropTech-focused VC firm and existing Funnel investor. They were joined by Camden Property Trust and Morgan Properties, two of the country’s largest owners of multifamily properties, as well as Wilshire Lane Capital, Trinity Ventures and Camber Creek. Additional strategic investment was provided by RET Ventures Limited Partners MAA, Essex and Cortland