Vero, The Modern Leasing Platform For Owners And Renters, Announces $9M Series B Funding Round Led By Fifth Wall

Apr 11, 2023•over 2 years ago

Amount Raised

$9 Million

Round Type

series b

BrooklynProperty ManagementReal Estate

Investors

Fifth Wall

Description

VERO, the modern leasing platform for owners and renters, announced its most recent funding round led by Fifth Wall—the largest asset manager focused on improving, future-proofing, and decarbonizing the built world. This capital brings VERO's total funds raised to-date to $26.7 million and will help to deepen VERO's tech stack — optimizing the owner and renter experience.

Company Information

Company

VERO

Location

116 West Houston Street

Brooklyn, New York, United States

About

Vero Technologies is a leading provider of wholesale financing solutions for dealers across auto, marine, powersports, agricultural equipment, among other verticals of manufactured goods. Vero partners with banks and specialty finance companies to enable its lending-as-a-service program for dealers of manufactured goods. Its innovative platform offers real-time inventory and financial analytics, advanced risk management capabilities, and streamlined operational processes.

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

Vero, The Modern Leasing Platform For Owners And Renters, Announces $9M Series B Funding Round Led By Fifth Wall

Investors

Description

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