Property management firm Ender secures $7M in recent seed funding round

December 17, 2019
Share this Post: 

Ender looks to updated an industry that is "stuck in the dark ages" with the help of the capital raised in its latest seed funding round.

Ender, a new Austin-based real estate company with a platform aimed at streamlining the rental property management process, has raised $7 million in a seed round of funding.

Germany’s Global Founders Capital led the financing, which included participation from Tuesday CapitalLeFrakHOF CapitalCherubic VenturesCircle Ventures, and other unnamed “VC funds and real estate groups.”

It’s a refrain that those of us covering real estate tech have heard over and over again. The group aims to help modernize an industry that is “stuck in the dark ages.”

Jason Mirra, Co-Founder and CTO of Ender, says he hasn’t seen “an industry so backward since govtech.”

The company’s goal is to help owners of rental homes more efficiently (i.e. digitally) handle day-to-day operations of property management such as maintenance requests, collect rent, show their properties and manage leasing applications. Basically, as Co-Founder and CEO Jon Lonsdale describes it, Ender aims to be “a cohesive platform [that] benefits property investors, tenants, and vendors by simplifying leasing, payments, accounting, and communication” in one place.

“We knew we could build better software than what’s out there but it needed to integrate directly with [existing] operations and vendors,” Lonsdale (who happens to the brother of Palantir Co-Founder Joseph Lonsdale) explained.

Read more here

Join us February 26-27 for the Property Portal Watch Conference Bangkok 2020.

Property Portal Watch Bangkok Conference, 2020

December 17, 2019

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Portal New Products
Property Portal New Product Roundup: Houza, Idealista and Housing.com

Three portal companies have launched new products or tools on their platforms this week. Here's all you need to know...

Read More
Aptuno Bogota
Latin American PropTech Aptuno Adds New Products

The Colombian headquartered end-to-end rentals specialist Aptuno has announced the launch of two new financing products designed to bring liquidity...

Read More
Yandex Bleak Houses
Yandex Reaches Settlement with Russian Classifieds Companies Over Competition Law Dispute

Russian search giant and online classifieds operator Yandex has reached a settlement with the country's Federal Antimonopoly Service (FAS) putting...

Read More
Otm British Street
OnTheMarket Performing 'Ahead of Expectations' as it Rapidly Approaches Breakeven

The majority agent-owned British portal OnTheMarket has released a trading update to the London Stock Exchange in which shareholders were...

Read More

Popular News