The real estate industry is constantly evolving, and Vero is leading the charge when it comes to streamlining the leasing process for property owners and renters. The New York-based company recently secured $9 million in Series B funding, bringing their total funding to $26.7 million. With Fifth Wall at the helm of this investment round, Vero plans to use the funds to expand its operations and extend its business reach.
CEO Lou Baugier and his team at Vero have developed an innovative leasing platform that unites each stage of the leasing process into a single, centralized solution. This approach offers property owners benefits such as streamlined workflows, reduced risk, and increased net asset value (NAV). Simultaneously, it delivers time savings and transparency to renters and on-site property management teams.
In a bid to further enhance the leasing experience, Vero is gearing up to launch the industry’s first dynamic, conversational application for leasing. This pioneering approach will offer an omnichannel experience, featuring AI-assisted, dynamically generated interviews that adapt to each applicant’s unique situation.
Several prominent partners, including Gables Residential, Beztak, and Westland, have already joined forces with Vero, showcasing the platform’s value and potential. As the company continues to grow and innovate, Vero is poised to transform the way property owners and renters navigate the leasing process, creating a more efficient and user-friendly experience for all parties involved.