Livly receives $10M to enhance its tenant/landlord services

It's no secret that the industry of digital tools for tenants to use when looking to rent is over saturated. For most, payments, maintenance requests, delivery instructions, and any other communications are all managed through separate systems and specialize in each other these things.

Then, there is correspondence with landlords and other building staff, split between email, text and phone conversations. Handling all of these disparate setups can create issues for renters and landlords alike.

With the newly launched Livly, both parties are given a platform that intertwines virtually every aspect of tenant-to-property owner communication and acts as an end-to-end service for both. And the company just raised a $10 million seed funding round to help evolve its offerings even further.

“There’s been a disjointed experience of multiple mobile applications and services, and we have created a unified operating system that helps unlock revenues and streamline processes within buildings, versus being a cost center,” said Alex Samoylovich, founder and co-CEO.

Pritzker Group Venture Capital, Navitas Capital and JLL Spark led Livly’s funding raise, and The Related Group, Golub & Company and CA Ventures also participated.

The platform was beta tested for two years within its network of syndicate launch partners, a period during which renter and tenant feedback was digested and implemented. The results were a modular system that allows building owners, managers and developers to offer specific services or onboarding rollouts based on what they think tenants will benefit from most.

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