Colleen AI Raises $3.5M in Seed Funding
Summary
Colleen AI, a Daytona Beach, FL-based provider of an Artificial Intelligence (AI) platform optimizing payment collections for multifamily real estate business, raised $3.5M in Seed funding. The round was led by Wilshire Lane Capital with participation from Skybox Capital. The company intends to use the funds to scale its go-to-market organization and accelerate investments in product, engineering, and data science. Founded in 2021 and led by Itamar Roth, CEO, Colleen is an AI-powered, integrated platform solution that optimizes rent and debt collections for multifamily property managers and residents. The company is an integration partner to leading property management software companies, including Yardi, RealPage, Entrata, RentManager, and ResMan, and automatically syncs resident and property data for centralized access to payment forecasting and analytics.