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Findigs Raises $27 Million in Series B Funding

Findigs, a proptech company that simplifies rental screening and leasing decisions, announced $27 million in Series B funding. This follows the company’s unannounced Series A and seed rounds, bringing its total funding to $48 million. Nyca Partners led the Series B round, with participation from existing investors, including RPM Ventures, Streamlined Ventures, Expa Ventures, Activant Capital, Colle Capital, and Frontier Venture Capital.

This latest financing will be used to expand Findigs’ screening automation service, grow its team, and increase platform and data sophistication. In addition, alongside the Series B funding, the company launched DecisionAsset, a full-service screening offering.

“Today, renters wait days about a decision about where they’re going to live because property managers have no choice but to painstakingly review each application,” said co-founder and CEO Steve Carroll. “Findigs does the hard work under the surface to enable an immediate, transparent answer. This completely transforms the experience for both sides.”

HappyCo Debuts Open API Marketplace

HappyCo, a provider of multifamily operations software solutions and services, debuted its open API marketplace—HappyCo Plugins—to create a centralized, automated, and flexible operations hub.

According to HappyCo, the new capability allows property owners and managers to tailor their technology stacks and streamline solutions. With no-cost integration, technology partners can plug into HappyCo to connect customers with end-to-end workflow support from vendor management to 3D skills-based training and automated market surveys.

“A common complaint from owners and operators across the nation is that there are too many systems struggling to connect and talk to one another for their teams. Technology vendors, on the other hand, cite exorbitant fees just to integrate with these systems,” said founder and CEO Jindou Lee. “At HappyCo, we believe in continuously driving the industry forward. We are excited to introduce an open ecosystem that is free for partnered vendors to integrate and work together, providing owners and operators a ‘single pane of glass’ interface to drive operational efficiencies across their organizations.”

Northspyre Adds New Capital Management and Portfolio Analytics Solutions

Northspyre, a real estate development platform for project delivery and capital management, launched two new products—Complex Capital Management and Portfolio Analytics Plus. According to the company, the new solutions provide developers with better control over their projects and help to reduce risk and improve reporting in today’s financial environment.

Complex Capital Management assists developers with proactively monitoring financial risk, tracking compliance, and satisfying reporting requirements. This includes projects with complex capital stacks, such as deals with low-income housing tax credits and multiple partners.

Portfolio Analytics Plus enables developers to grow as they navigate a challenging market by tracking portfolio operating costs and staying ahead of potential exposures that could impact margins.

“With current economic uncertainty, investors and financial institutions are being very cautious with their capital reserves,” said co-founder and CEO William Sankey. “This is pushing developers to leverage nontraditional capital partners and special tax incentives programs, which means more complex reporting requirements and greater compliance risks. In response to this growing challenge, we have created products that help developers manage complicated financials across their entire portfolio.”

Quadient Launches Next-Gen Smart Lock Solution

Quadient has announced the debut of Parcel Pending PLUS, its next-generation smart parcel locker solution. Backed by new and more powerful software, Parcel Pending PLUS aims to meet the evolving needs of the industry with real-time business intelligence tools for a wider variety of applications, increased operational efficiency, enriched capacities, convenience features for residents, and more automation for carriers.

According to the company, with Parcel Pending PLUS, residents may receive multiple deliveries from the same carrier in one compartment. Residents also may move their accounts between properties as needed. It also offers single-use access to lockers for non-residents for additional uses such as placing keys or other materials for self-guided tours, maintenance, or pet sitters.

“The innovative technology powering Parcel Pending PLUS not only offers more efficiency, insights, and convenience for users, but it also provides for new cases for our lockers in multifamily and other industries that will drive increased usage of our network,” said Austin Maddox, executive vice president of Quadient’s North American Parcel Locker Solutions.

Rent. Names Damon Joshua President

Multifamily marketing platform Rent. announced Damon Joshua has joined the company as president. He brings over 25 years of sales leadership experience and a track record of driving revenue growth to the role.

Joshua will help guide Rent.’s overall strategy and operations. He joins at a time of significant growth for the company as it builds on efficiency and profitability gains as well as deepens it integration with parent company Redfin.

“I’m thrilled to be joining such a talented and hungry Rent. team and have the opportunity to build upon Rent.’s tremendous marketplace, products, and technology,” said Joshua. “I believe the market is ripe with opportunities to grow the company by continuing to drive value and efficiency for the multifamily industry and improve the resident experience.”

Prior to joining Rent., Joshua was a senior vice president at MarketSource, where he led a team of over 1,500 sales professionals, recruiters, trainers, and technologists. He also previously led sales organizations at Vertafore, Cisco, Verizon, and UPS.

SmartRent Unlocks Alloy Deadbolt

SmartRent, a provider of smart-home and property solutions, has launched Alloy Deadbolt, the first lock in the company’s in-house smart lock series. Alloy Deadbolt aims to reduce rekeying and key management expenses, and it enables residents to manage their home entries from anywhere.

Alloy Deadbolt contributes to SmartRent’s comprehensive cost-savings platform, which includes SmartHome Hub+ and Leak Sensor+, that aims to streamline operations for the multifamily industry while adding value for renters.

“Hardware is essential to powering our platform, and we are pleased to further grow our Alloy SmartHome hardware line with the addition of Alloy Deadbolt,” said CEO Lucas Haldeman. “Smart locks and access controls are foundational components to smart communities. Unlike consumer-focused products deployed in rental housing, Alloy Deadbolt was designed in-house for rental housing, based on customer feedback and our deep knowledge of industry dynamics. The lock supports operational efficiency while attracting and retaining tech-savvy renters.”