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The Venture Codex

Nestio

1115 Gunn Highway Suite 201, Odessa, FL, 33556, United States

Overview

Funnel exists so multifamily operators don't have to pick between antiquated monopolies or single solution challengers. After decades of the status quo, operators are no more efficient, and renters still dread the process of leasing an apartment. We fixed that with a platform that turns the entire business model on its head. Renter Management Software is a new category of connected tools built around the renter. The software delivers a consistent, connected experience from first inquiry through years of renewals. All this while simultaneously saving operators quantifiable money through the smaller, and happier teams that only a renter-centric platform can enable.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
4

Sector focus

  • Cloud Data Services
  • Marketing
  • Property Management
  • Real Estate
  • SaaS
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Investment portfolio

  • Matchbook

    Participated · Seed · Feb 2012

    Matchbook is a mobile app that lets users bookmark, tag, and organize favorite places on a map with offline note capability. The product emphasizes a pared-down experience—no check-ins or heavy social networking—targeting mainly women in their late 20s and up who prefer private, intent-driven bookmarking. Matchbook surfaces intent-based deals by alerting users when bookmarked venues run promotions on sites like Groupon, LivingSocial, and Gilt City, and allows users to buy coupons through the app. The company plans to expand to Android and other platforms beyond its current App Store availability. Matchbook monetizes its deals feature via affiliate referrals, keeping an average cut of about 10 percent of daily-deal purchases. The startup is New York City–based and intends to use new funding to fuel growth, ramp up hiring, and develop apps for additional mobile platforms.

Team