Revela, a Detroit, MI-based property management solution, has raised $9 million in Series A funding.
The round was led by FirstMark Capital, with participation from Detroit Venture Partners, MetaProp, and Assurant Ventures.
Founded in 2008, FirstMark Capital is a venture capital firm based in New York, New York. Its mission is to partner with entrepreneurs who are focused on solving meaningful problems. The firm prefers to invest in companies operating in the field of technology, consumer, and enterprise sectors.
Revela Use of Funds
The company will use the funds to expand its product suite, strengthen operations, and establish a banking-as-a-service platform and other financial products.
Revela is a real estate software and technology firm that provides property management solutions designed to grow every corner of the property management industry. With a comprehensive API, Its all-in-one platform provides access to an extensive suite of tools that power operations, portfolio growth, real-time insights into customer analytics, and more. Revela's mission is to build and deliver technology that improves the efficiency, sustainability, and quality of life for the communities they serve by providing them with solutions to analyze, understand, and manage the universe’s assets.
Company: Revela, Inc.
Round: Series A
Funding Month: November 2023
Lead Investors: FirstMark Capital
Additional Investors: Detroit Venture Partners, MetaProp, and Assurant Ventures
Company Website: https://www.revela.co/
Software Category: Real Estate Software