Funding

Nestio raises $8M in Series A

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What does Nestio do?

Nestio, is the fastest growing leasing and marketing platform for residential brokers and landlords. This company is the number one residential leasing and marketing platform. It is the dominant provider of cloud based software for residential multi-family landlords and brokers for managing their leasing and marketing operations. The company enables residential professionals in managing inventory, tracking leads and deals, advertising listings and accessing performance analytics in real time from one platform only. So the brokers and landlords can save time and make money significantly by communicating info more efficiently, thus renting the inventory faster.

How much Nestio was funded?

Nestio raised$8M in Series A on December 1, 2015 from Techstars, Joanne Wilson, Scout Ventures, Freestyle Capital, David Cohen and Trinity Ventures.

Previous funding

  • $55k on February 1, 2010 from Rick Webb
  • $18k on January 1, 2011 from Techstars
  • $750k on July 5, 2011 from Rick Webb, Joanne Wilson, BoxGroup, Quotidian Ventures, David Tisch and Joshua Auerbach.
  • $1.5M on July 9, 2013 Bradley C. Harrison, David Tisch, David Cohen, Joanne Wilson,  Ludlow Ventures, Scout Ventures,  Quotidian Ventures, Gregory Barton, Rick Webb, Ryan Holmes, Social Starts and BoxGroup.
  • $1.6M on December 3, 2014 from Bradley C. Harrison, RiverPark Ventures, Freestyle Capital, Joanne Wilson, Scout Ventures, Jerry Colonna and David Cohen.

 What is next for Nestio?

The company plans to invest in advancing its product roadmap, growing its existing product, engineering and sales teams and for accelerating expansion into new markets in 2015 including Chicago, Boston, Washington,D.C. and Miami. The team are building the defacto platform which meets the needs of the residential real estate pros is a way nobody else can do.

More about Nestio

Nestio was founded on February 1, 2011 by Caren Maio, Mike O’Toole and Matt Raoul. It currently operates in New York City and has plans to expand in Chicago, Boston, Washington, D.C. and Miami.

 

 

 

 

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