Fyxt, a Venice, CA-based cloud-based operations platform for commercial real estate (CRE), announced that it raised $4 million in a Series A financing round.
The round was led by leading proptech-focused venture capital firm RET Ventures and included participation from UK-based family office Reuben Brothers.
Fyxt plans to utilize this capital to accelerate the roll-out of its best-in-class technology to NNN property owners across the country. The company will also focus on enhancing its technology stack, bolstering its offering of tech integrations, and expanding the Fyxt vendor marketplace.
Company: Fyxt Inc.
Raised: $4.0M
Round: Series A
Funding Month: May 2022
Lead Investors: RET Ventures
Additional Investors: Reuben Brothers
Company Website: https://fyxt.com/
Software Category: Commercial Property Management Software
About the Company: Founded in 2017 by Ryan Botwinick and Vidya Chokkalingam, Fyxt is a cloud-based mobile-first operations platform that streamlines the management of NNN and other commercial real estate properties. The Fyxt platform provides a full suite of integrated software solutions specifically tailored to optimize the management of ‘essential assets’ across logistics/industrial, healthcare, retail, and other historically net-lease environments. The company provides property owners, asset managers, property management teams, tenants, and service providers with a powerful tool to work collaboratively on maintenance and property operations, increasing owners’ transparency into their portfolio and simplifying the process for tenants
Source: https://www.businesswire.com/news/home/20220524005840/en/Fyxt-Raises-4-Million-in-Series-A-Funding-Led-by-RET-Ventures-to-Optimize-the-Management-of-Triple-Net-Leased-Properties