Renew provides apartment owners and operators with a connected ecosystem that automates the lease renewal process, surfaces churn signals, and personalizes offers using AI. Its suite includes a Renewal Management System, a data engine for predictive insights, embedded fraud protection, and a Marketplace that enables in-portfolio transfers and trusted resident referrals. Pilots with NMHC Top 50 operators have lifted resident retention by 3% and shortened vacancy periods by four days, transforming turnover from a cost center into a revenue driver. The company frames renewal as a relationship moment, embedding ancillary services and rewards to keep residents within an operator’s brand. With fresh capital, Renew plans to scale its platform and formally launch the industry’s first Resident Referral Network. Founded in 2021 by Rob Hayden and Kevin Murphy, Renew partners with leading owners and operators nationwide. The company is headquartered in New York City and is early in its commercial growth phase, having just secured its Series A financing.

Total raised

$20M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2025