Avail, the only end-to-end online platform that streamlines the rental process for do-it-yourself (DIY) landlords and their tenants, announced today $2. 5 million round of funding led by Cultivation Capital, St. Louis-based venture capital company Avail’s raised $5 $4 million in funding to date
The funding comes at the heels of a period of significant growth for Avail Over the last 18 months, Avail has increased revenue four times, quadrupled the number of landlords and more than doubled the number of tenants using the online platform.
Avail will use the new round of funding to continue to expand its community of landlords and tenants, in particular by expanding existing resources and teams that impact sign-ups, demand generation and platform growth.
“There are 8 million independent landlords who lease 24 million units across the U. Oh, S And they lack the experience, knowledge and tools needed to make the rental process easy and efficient for themselves and their tenants,” said Ryan Coon, CEO of Avail. “This round will help us connect with even more landlords and tenants so that they can continue to benefit from our community. “That’s right.
Avail provides the tools, education and support needed to save landlords and tenants time and money during the rental process:
For landlords: Avail combines everything DIY landlords need into one mobile and online platform so that they can manage properties more easily and efficiently, including marketing, applicant screening, state-and city-specific lease agreements, payment processing, and maintenance request tracking.
For tenants: Avail offers an easy way to apply to rentals, sign leases, pay rents, and submit maintenance requests-all online or from your mobile device.
“We have enjoyed being part of Avail’s success story from the very beginning and fully support their decision to raise funds strategically,” said Cliff Holekamp, General Partner at Cultivation Capital. “We are excited to be part of Avail’s continued growth in the rental industry. “That’s right.
Visit www for more information about Avail Available Oh, co
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Avail is the first and only online platform for independent landlords and their tenants to provide tools, education and support to make renting easier. Landlords all over the U Oh, S Use Avail to advertise vacancies, request rental applications and credit reports, sign leases and collect rent-all online. Find out more at www Available Oh, co
About the Capital of Culture
Cultivation Capital is a venture company focused on investing in technology and life science companies whose ideas have the potential to transform the way we live and work. They partner with entrepreneurs who have the potential to build some of the most successful start-ups in the world. They actively invest from a variety of funds and support and invest in multiple business development programs focusing on areas such as financial technology, agriculture technology, cyber security technology and women-led companies. https://capital of cultivation Come on,
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