Real estate touches everyone on earth. Yet residents, investors, and professionals have all been left behind by tech. That ends now. We're bringing them into the future.
Obtaining insurance is an expensive and complex process that creates barriers to getting work for any business. Business owners have to contact multiple companies to acquire insurance and even if they can find an affordable plan, they are often long-term and one-size-fits-all, resulting in much higher costs than necessary for most jobs.
Most businesses that use contractors have 30-90 day payment terms. This creates working capital problems for contractors and their workforce since they often have to pay for labor and materials before receiving payment from customers. As a result, contractors are priced out of jobs or unable to grow their businesses. In addition, businesses are limited to only working with contractors large enough to float the capital. PayUp was launched to provide businesses with a larger pool of contractors and to empower contractors to scale their operations.
Real estate investing has high capital requirements, knowledge barriers, and complex tax issues that make it painful for accredited investors and inaccessible to the 100M US retail investors. Even if you can invest in real estate, you are left with an asset that is costly to maintain and difficult to sell. We launched OwnProp to open up real estate investing to everyone and provide liquidity to homeowners and current investors.
There is an emergent class of on-demand workers who lack sophisticated software tools to manage their business. The average worker’s day-to-day operation is time-consuming and error-prone, limiting the their ability to grow the business. Many tech companies seek to use freelancers (e.g. Uber, DoorDash, InstaCart), but none serve them with tech tools. We launched PrimePro to solve these issues and empower contractors and on-demand workers to focus on executing quality jobs, hone their craft, and grow their income.
Property data is typically stored across hundreds of fragmented sources, typically lacking integrity, which makes it difficult to get a holistic view of a property’s performance or to make an informed decision on the property’s value. Over 500,000 property managers and 7M real estate investors experience this problem in the US alone. We launched PropData to enable real estate investors, operators, and asset managers to make better and faster decisions by providing them with a source of truth for all of their property data along with business intelligence that highlights information that matters most.
Property management does not have a solution for maintenance inventory management. There are hundreds of parts that must be kept in stock for routine time-sensitive work orders, but lack of organization or tracking leads to delays, unhappy residents, theft, and waste. ShopSupply is a mobile-first system for tracking and managing inventory, so property managers and maintenance teams can focus on optimizing property performance while transparently tracking, replenishing, and utilizing supplies.
Getting maintenance work done is a huge pain point for property managers and owners. With resident work orders, unit turns and preventative maintenance, there is never a shortage of tasks for workers, yet there are no ideal resources to ensure that they are performing those tasks efficiently. This highly manual and paperwork heavy process often results in delays, increasing resource costs and driving down resident satisfaction, which impacts long term revenue. GetDone provides a management tool that makes it simple to create, assign, track and complete work orders, while providing insights into workers’ performance to optimize throughput.
Integration tool for real estate operators, proptech companies, and management systems. The Zapier for Real Estate.
Collecting and verifying compliance information for contractors (e.g., insurance, bank accounts, licenses) is a time-consuming process for real estate owners and operators that can often lead to delays in critical work. IDcore is a software platform that partners with property managers to store their compliance requirements and with contractors to provide the source of truth for their compliance data. All documentation will be stored, checked for validity, and tracked to ensure it is still current.
Managing and prioritizing high leasing and resident call volume is a huge pain point for property managers. Property managers and their staff are typically conducting tours, handling resident issues, or not onsite after-hours to pick up calls. As a result, calls are often missed and stored in an unorganized voicemail box that takes time to sort through. This leads to fewer leases and poorer resident satisfaction. JobCall is an Interactive Voice Response (IVR) system that uses automated speech recognition to triage calls and route them to the appropriate staff.
