Venn

Venn

Software Development

The Operating System for Resident Experience

About us

Venn's platform transforms residential management by combining data-driven insights with a top-tier living experience, inspired by the efficiency of Amazon and the user-friendliness of Apple. We empower property managers with a clear understanding of resident needs, turning every interaction into an opportunity to enhance the living environment and boost profitability. Our solution, tested in our portfolio of 1,000 apartments and has expanded to partnerships with leading real estate firms in 11 states growing to more than 100k units in the next months, seamlessly integrates with existing property systems. Venn offers a unique blend of technology and personalized service, streamlining property management workflows and enriching community engagement. This approach not only increases resident happiness but also drives new proven revenue streams. The main idea behind the platform is not just managing properties, but cultivating communities where people want to stay. This is good for business, evidenced by tangible results: we've achieved an impact on NOI of more than $12 per unit per month, and savings in retention, occupancy, and operational costs of over $100 per unit per month. Bottom line: yielding measurable benefits in operational efficiency, resident retention, and revenue growth (Venn is well funded backed by top-tier VCs and institutional funds with more than $100m in investments)

Website
https://venn.city/
Industry
Software Development
Company size
51-200 employees
Headquarters
New York
Type
Privately Held
Founded
2017
Specialties
Real Estate, PropTech, and Resident Experience

Locations

Employees at Venn

Updates

  • View organization page for Venn , graphic

    9,034 followers

    We're thrilled to welcome Shai Kimhi to the Venn family as our new Senior Product Manager! 🧡 With a proven track record at global tech companies and startups, Shai brings SO much expertise to the table. At Venn, he’ll be laser-focused on developing products that create tangible value for owner operators and their onsite teams. In just the first few weeks since he started, we are all truly feeling the impact of his passion and creativity on our product strategy. In his own words, "I'm excited to problem solve and develop new strategies for boosting revenue for our customers." Welcome aboard, Shai! We can't wait to see the incredible impact you'll make for customers’ bottom line! 🚀 #TeamVenn #Innovation #MultifamilyTech #ProductManagement

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  • View organization page for Venn , graphic

    9,034 followers

    An incredible and inspiring story from our founder and CEO Or Bokobza. Real moments like this are why we do what we do and affirmation that we are changing the way people live. Let's keep pushing the boundaries!

    View profile for Or Bokobza, graphic

    CoFounder and CEO at venn

    As an entrepreneur, there are moments that give you the drive to go further. Faster. Better. On my way to San Diego, fresh off a 15-hour flight from Israel and heading to the NMHC Annual Meeting, I had an unexpected encounter at LAX's border control. As I stood in line, rehearsing the usual spiel about my trip, the border officer launched into the standard questions: Who are you? What brings you to the U.S.? Then he inquired about my profession. "I'm the CEO of a tech company," I began. "And what does your company do?" he continued. "We redefine the way people live in buildings" I said. But then came a pause – the kind that makes you nervous. "Everything alright?" I inquired. He took another look at my visa "Venn ?" he asked. "Yes," I confirmed, is there a problem? I asked. His eyes lit up and he pulled out his phone to show me - the Venn app on his home screen. "I knew this was you guys!!" he said. "We love your platform, it changed our entire building. It feels different. It feels like home since you guys got involved. I live in the Q!" What are the chances? The shock on my face was clear. He wasn't just a customer; he was the guy we pictured when we imagined Venn back in 2017! I couldn’t help myself, so I bombarded him with questions, oblivious to the impatient woman behind me. Can I take a picture please I asked? To my surprise he said yes. And in that moment, I saw it: we're not just building a company; we're changing the way people experience their homes. And we are lucky to partner with the best owners and property managers in the US. As I headed into the NMHC conference, I was carrying this energy with me. It’s a story I had to share with all the founders around us, to my team and partners. These are the moments that remind us that we are building big things. Here’s to creating waves and changing lives – one community at a time. We're not just in the business of living; we're redefining it. And it’s only the beginning. special tnx to Balaciano Group and Edan Evenhaim who gave Venn the opportunity to bring venn to LA for the first time into thier amazing Building @the Q #NMHC #Venn

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  • View organization page for Venn , graphic

    9,034 followers

    Thrilled to announce our native integration with SALTO Systems is now live at Perennial Corktown in Downtown Detroit. A game-changer in keyless living, the integration offers seamless access for residents and streamlined operations for onsite teams. Together with Salto, we're revolutionizing resident and operator experience with advanced access control solutions.  🔸 Reduction in OpEx costs and on-site overhead 🔸 Effortless resident access with a tap of the phone  🔸 Centralized platform for property teams  🔸 Automated syncing with move-in dates  🔸 Enhanced safety and reduced manual tasks Kudos to Hunter Pasteur and Friedman Real Estate for embracing this technology. Stay tuned for more innovations from Venn in 2024!  #AccessControl #SmartLiving #Innovation #FutureLiving

  • View organization page for Venn , graphic

    9,034 followers

    We're kicking off 2024 with the rollout of our platform at Perennial Corktown, a luxury new development in Downtown Detroit, owned by Hunter Pasteur and managed by Friedman Real Estate. Together, Hunter Pasteur and Friedman are setting a new standard in the market with hotel-like hospitality and we couldn't be more excited to partner with these industry leaders and power the experience for their residents and property teams. A time-saving integration with SALTO Systems and so much more to come. Stay tuned.

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  • View organization page for Venn , graphic

    9,034 followers

    2023 was a year of huge momentum for us 💪 We scaled our platform by 4x, partnering with industry leading-owner-operators and developers to activate 29K units from 23 portfolios with a total 195K units. To everyone who believed in our mission and fueled our growth — thank you. Let’s keep building together in 2024.

  • View organization page for Venn , graphic

    9,034 followers

    Our Midwest expansion with Dietz Property Group is on fire 🔥 This week, we announce the launch of our platform at The Jeff on 10th, Dietz's new community in Jeffersonville, IN just across the river from downtown Louisville. Dietz will be using Venn's tools and solutions to optimize workflows and drive resident engagement in key assets across the region, bringing data-driven efficiencies, insights and best practices to teams and residents portfolio-wide. We are thrilled to build our partnership with Dietz and support the growth of their community and business in 2024!

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  • View organization page for Venn , graphic

    9,034 followers

    Hello Cincinnati! This week, we’re rolling out our platform at The Union, a mid-rise new development near the heart of the city owned and operated by Dietz Property Group. The team at Dietz is some of the best in the industry, known for their integrity and commitment to community and customer service. We couldn’t be more excited to be teaming up with them to deliver a new standard of resident experience with technology designed to support new move-ins, community engagement and branding. SO much more to come with Dietz. Stay tuned 👀

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Funding

Venn 2 total rounds

Last Round

Series B

US$ 60.0M

See more info on crunchbase