Travtus, a London, UK-based technology company focused on multi-family operations, announced today that it completed $4 million in a seed round.
The round was led by RET Ventures industry-backed venture fund focused on single and multi-family real estate technology.
This investment will enable Travtus to increase its sales and marketing efforts while also expanding its product development.
“When creating Adam, our goal was to build one ideal digital teammate for multi-family owner-operators that not only automated management tasks across the board but provided data and insights that made decision-making easier,” said Tripty Arya, Founder, and CEO of Travtus. “As we continue to penetrate the market, we are thrilled to have a trusted partner like John Helm and the RET Ventures team, who are so deeply entrenched in the industry. This investment will give us the capabilities to ramp up our sales and marketing efforts and expand our product development – allowing us to deliver an even more robust product to improve property management for multi-family and beyond.”
Travtus launched its flagship product, “Adam,” in 2019 intending to bridge the gap between real estate and automation and make it easier for owners to scale operations.
Adam has emerged as an essential tool that automates workflows and gives multi-family owners a deeper understanding of resident sentiment. Adam also integrates with a property’s existing productivity tools, seamlessly automating task management, CRM, and communication for on-site teams.
Travtus offers a machine-learning solution that addresses critical pain points felt by residents and operators alike, optimizing for resident experience and property-level operating efficiency.
Company: Travtus Workforce, Inc.
Round: Seed Round
Funding Month: November 2022
Lead Investors: RET Ventures
Company Website: https://www.travtus.com/
Software Category: Property Management Platform
About the Company: Founded by Tripty Arya, Travtus is a leading AI technology company focused on streamlining multi-family operations through machine learning solutions. The company launched its first product, – ‘Adam’ – in 2019 to make it easier for multi-family owner-operators to simplify and scale operations. Adam, a digital employee, uses machine learning to automate multi-family property management by integrating with a property’s existing productivity tools, gathering firsthand intelligence on the property, and using this data to interface directly with residents. Adam showcases to residential operators the value of one single powerful machine learning platform to handle multiple job functions, including that of a data analyst, agent, resident experience representative and an