Multifamily operators invest in Amenify to grow business

Amenify receives $2.7 million investment led by RET Ventures

Amenify, a proptech startup that offers amenities for multifamily property managers to give their residents, has received capital help from a group of one of the largest operators in the multifamily real estate industry to help Amenify grow their business.

Amenify announced that it raised $2.7 million in a funding round led by RET Ventures, which launched late last year and is backed by some of the multifamily industry’s biggest players.

In November, Aimco, Boardwalk, Essex Property Trust, MAA, and UDR partnered with Starwood Capital Group, Cortland, and GID to invest $108 million in a venture capital fund organized by RET Ventures, an early stage venture capital firm.

The companies invested $108 million in a fund, Real Estate Technology Ventures I, which was to be used to invest in “disruptive real estate technology companies” in the multifamily industry.

Last year, the fund made one of its first investments in a company called SmartRent, a smart home automation platform company for property managers and renters.

And now, it’s leading the way on investing in Amenify.

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