Airbnb AI software partner Conduit raises $3.1M
Summary
The round was led by London-based VC Pi Labs, with participation from Y Combinator, YouTube co-founder Jawed Karim and Snapdocs founder Aaron King, and other prominent angel investors.Conduit streamlines property management by automating communication and workflows across the rental lifecycle from leasing inquiries and tenant onboarding to maintenance requests and renewals. To date, over 20,000 properties globally rely on Conduits AI technology.The startup already serves a diverse roster of short-term rental operators, including Pass the Keys (UK), Moxxi (Australia), Arbio Group (Germany, 500+ properties), Silkhuas (Dubai), and Flex Living (London).Founded in 2024 as HostAI, Conduit is the brainchild of short-term rental expert Cole Rubin and ex-Google engineer Punn Kam. Cole previously managed his own $19 million residential portfolio, comprising 200 sites across Airbnb and Booking.com, prior to exiting that venture via a private sale. Conduit automatically replies to messages and assists customers, via the booking platform, from enquiry to check out, with minimal manual oversight required.The Seed round will be used to invest into product development and to accelerate its growth into new markets. We believe Conduit could become the most widely used application to manage residential real estate at scale, since the advanced AI algorithms embedded into the platform offers clients both cost saving benefits and the ability to consistently ensure a better customer experience.For more startup news, check out the other articles on the website, and subscribe to the magazine for free.
Funding
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