VERO

Overview
News
Residential PropTech?
Product stageSegments
Early
?
Rental management
?

VERO operates a leasing management platform that simplifies and streamline the leasing process for property managers and renters, particularly within the multifamily housing segment. The platform enables property managers to automate workflows, starting from the initial tenant screening to signing leases and retaining tenants. The platform also allows property managers to use machine learning tools to generate real-time insights on current and prospective renters. From the renters’ point of view, the platform permits individuals to submit lease applications, track application progress, and sign leases. The company claims that its platform enables users to apply and sign a lease agreement within 17 minutes, compared to the industry average of seven days. As of June 2021, property management firms served by the company included LeFrak, Stonehenge, Alfred, and First Service Residential.

Key customers and partnership

In September 2023, VERO partnered with RealPage , a rental property management platform, to integrate its platform with RealPage and other leading property management platforms to streamline leasing processes, eliminate manual tasks, prevent bad debt, and enhance transparency in order to grow its platform’s reach.

HQ location:
335 Madison Avenue 4th Floor New York NY USA
Founded year:
2018
Employees:
11-50
IPO status:
Private
Total funding:
USD 18.2 mn
Last Funding:
USD 9.0 mn (Series B; Apr 2023)
Last valuation:
-
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Product Overview
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Company profile
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