Amenify accepts growth financing from RWT Horizons, WISE Ventures, and UnitLeader
Amenify Corporation announced today additional financing from numerous investors, including UnitLeader, WISE Ventures (Garden Homes), RWT Horizons (Redwood Trust), and other real estate strategic operators to continue its expansion.
FOR IMMEDIATE RELEASE: June 7, 2023
The company is encouraged to share performance is at an all-time high, and its ancillary income products (Shop Local) have attracted more interest from investors and real estate strategics.
This capital is for continued growth and supporting our Clients across the country. In the last 9 months, the Amenify team has:
- grown revenue 117%
- increased gross profit 227%
- added 920,000+ Restaurants and Grocery Stores
- expanded to 100+ new cities
- added 1.0 million homes to the platform
Timely expansions with key clients have helped, including Venterra Realty. "Through our partnership with Amenify, our residents benefit by saving money on services, spending less time on chores and task lists, and more time on activities that bring them joy instead," said Venterra CEO John Foresi. “This innovative service will undoubtedly improve and enhance our renter experience," added Venterra Chairman, Andrew Stewart. (1)
Dana Zeff, the Managing Partner of Unit Leader, shared, “Amenify has a unique offering for clients in the real estate sector, with both retention and ancillary income. The largest real estate operators in the country have shared there is nice product-market-fit, especially in a softening economy.”
Amenify intends to use this new capital to hire and expand the Amenify Shop Local Program, which Residential Real Estate Operators use to drive millions of dollars of ancillary income. Everett Lynn, CEO of Amenify, shared, “It’s not complicated. Operators like three things: (1) helping retain residents, (2) a simple plug-in platform that comes with instant support, and (3) impactful ancillary income. The future looks bright, and we’re excited for the next chapter.”
ABOUT AMENIFY
Amenify is a three-sided technology platform reinventing amenity services for millions of homes. The company connects residential property managers, service provider companies, and residents across 1,500,000+ homes in 250+ cities.
Amenify services on the platform include cleaning and housekeeping teams, handyman and repair, pet care, chores, food services and grocery services, and more. Property managers benefit from happier residents, harnessing unused data, and unlocking new revenue streams. This is done through a scalable technology platform to provide convenience and experience-driven residential living. Amenify’s strategic investors include 48 operators that control more than 2.8 million homes across the US and Canada. The company has corporate offices in San Francisco and Denver and has services active in 250+ cities.
Media Contact: Amenify Corporation; sales@amenify.com
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