Pronto Housing Raises $2.5 Million in Seed Round  

by Kay Aloha Villamor in November 3rd, 2021

Pronto Housing, a New York-based first and only off-the-shelf affordable housing compliance Software-as-a-Solution (SaaS) platform, announced the closing of its $2.5 million seed funding round.

The round was led by Wilshire Lane Partners an LA-based venture capital firm focused on early-stage proptech startups, with Nine Four Ventures, Essence Development, Lemor Development Group, principals of Housing Trust Group, and notable early-stage technology investor and advisor Sara Shank.

This capital will accelerate Pronto Housing’s mission of shaping the future of affordable housing through tech-enabled solutions.

Company: Pronto Housing Inc.

Raised: $2.5M

Round: Seed Round

Funding Month: November 2021

Lead Investors: Wilshire Lane Partners

Additional Investors: Nine Four Ventures, Essence Development, Lemor Development Group, Housing Trust Group, and Sara Shank

Company Website: https://www.prontohousing.com/

Software Category: Housing compliance Software-as-a-Solution (SaaS) platform

About the Company: Founded in 2020 by Wendell and KC Crosby, Pronto Housing is the first and only off-the-shelf affordable housing compliance Software-as-a-Service (SaaS) platform. Founded in 2020 by Christine Wendell and KC Crosby, Pronto Housing’s mission is to make affordable housing leasing and compliance faster via tech-enabled solutions, an expert compliance team, and a customer-centric approach. Pronto Housing’s investors include Wilshire Lane Partners, Nine Four Ventures, Essence Development, as well as Sarah Shank of PGIM Real Estate. Pronto Housing ensures a higher quality of living is accessible for the more than 11 million Americans who are facing housing instability while helping property owners meet their financial goals. Automating compliance for U.S. affordable housing programs, Pronto Housing reduces the friction associated with manual data entry and increases transparency for today’s asset managers and renters.

Source: https://www.businesswire.com/news/home/20211102005853/en/Pronto-Housing-Closes-2.5M-Seed-Round-Led-By-Wilshire-Lane

 


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