Simplifyy Takes Aim at Overhauling the Multifamily Property Space with $4.75 Million in Funds From Its Founders
October 29, 2019
Kansas City-based Simplifyy has developed the first end-to-end total solution for multifamily property owners. After working in closed beta since 2018 the technology start-up launched in October behind 4.75 million USD from its three founders. Simplifyy is powering over 500 multifamily units in Kansas City today and is on pace to be supporting 3,000 units by the end of 2020.
Founded by three Kansas City entrepreneurs: multifamily owner-operator Paul Worcester, technology guru Jake Lisby, and apartment/technology investor Russell Reitz, the new startup is addressing the biggest owner pain points in the antiquated U.S. multifamily apartment industry that totals 20 million units holding $3 Trillion in real estate value.
Simplifyy optimizes multifamily & apartment properties to reduce expenses, increase revenues, and ultimately enhance ROI for owners. Leveraging proprietary software, artificial intelligence, and a talented team, Simplifyy reduces the headaches involved with multifamily ownership, providing enhanced visibility and more cashflow to multifamily owners. For one monthly price Simplifyy covers core property operating expenses including advertising, administration, and office payroll.
Simplifyy Communities, free to residents, features free mobile applications, screening, leasing, rent payment, 24/7 tours and concierge, maintenance, resident rewards, community engagement, and smart home technology through their strategic partner HomeBase. Simplifyy has also invested in and is partnering with Lula, to deliver 24/7 maintenance.
In their downtown Kansas City HQ, the fast-growing Simplifyy team works around the clock to support the technology and provide a seamless experience for owners and residents alike.
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