Hemlane Raises $2.5M in Seed Funding
Summary
The company intends to use the funds to continue to expand operations and its business reach. Founded by Dana Dunford and Frank Liu, Hemlane provides an all-in-one rental management solution. The software automates all administrative tasks, including advertising rentals to the top 30 listing websites, scheduling property showings, performing tenant screening, completing leases, collecting rent, initiating automatic late fees, and coordinating maintenance requests. The service package connects owners with local agents and 24/7 maintenance coordinators. To build the services network, leasing agents and managers using Hemlane’s software connect with newly registered rental owners on the platform.
Funding
Amount
$2.5M
Total raised
Date
December 12, 2019
Announcement date
Investors
Prudence Holdings
Lead investors
Company
https://www.hemlane.com/
Funded company
Classifications
industries
Hospitality
applications
Anti Piracy
AskAI Classifications
Labels
Property Management Software
SaaS
Real Estate Tech
Linked Companies
Hemlane, Inc.
$1M to $5M