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Ret Ventures Closes $165 Million Industry-Backed Fund To Back The Next Generation Of Real Estate Technology Innovators

Jun 08, 2021•about 4 years ago

Amount Raised

$165 Million

Park City

Description

RET Ventures, an industry-backed venture capital firm focused on technologies for the multifamily, single-family rental (SFR), homebuilding and broader real estate asset classes, today announced the final close of its second fund. The oversubscribed $165 million fund will complement RET’s $109 million initial fund raised in November 2018.

Company Information

Company

Ret Ventures

Location

Park City, Utah, United States

About

A leading real estate technology investment firm, RET Ventures is the first industry-backed early-stage venture fund to strategically focus on helping build cutting-edge “rent tech” — technology for multifamily and single-family rental real estate. RET’s base of Strategic Investors includes some of the largest REITs and private real estate owner-operators and managers, who control approximately 2.4 million rental units. Through its deep expertise and connections within the industry, RET has created a unique real estate innovation ecosystem that delivers significant value to the companies it backs, providing them with access to thought leaders, development partners, and ongoing guidance. For more information, please visit www.ret.vc.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech