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Pronto Housing Closes $2.5M Seed Round Led By Wilshire Lane

Nov 02, 2021over 3 years ago

Amount Raised

$2.5 Million

Round Type

seed

Software

Description

Pronto Housing—the first and only off-the-shelf affordable housing compliance Software-as-a-Solution (SaaS) platform—announced the closing of its $2.5M seed funding round. The round was led by Wilshire Lane Partners, an LA-based venture capital firm focused on early-stage proptech startups, with Nine Four Ventures, Essence Development, led by former NFL player and Vice President at Related, Jamar Adams, Lemor Development Group, principals of Housing Trust Group, and notable early-stage technology investor and advisor Sara Shank of PGIM Real Estate. This capital will accelerate Pronto Housing’s mission of shaping the future of affordable housing through tech-enabled solutions.

Company Information

Company

Pronto Housing

About

Pronto Housing is the first and only off-the-shelf affordable housing compliance Software-as-a-Service (SaaS) platform. Founded in 2020 by Christine Wendell and KC Crosby, Pronto Housing’s mission is to make affordable housing leasing and compliance faster via tech-enabled solutions, an expert compliance team and a customer centric approach. Pronto Housing’s investors include Wilshire Lane Partners, Nine Four Ventures, Essence Development, as well as Sarah Shank of PGIM Real Estate.