Sightplan, an Orlando multifamily service proptech startup, has closed a Series B Round with RET Ventures. Financial terms were not disclosed.
SightPlan’s solutions streamline operations for multifamily owners and operators while improving resident satisfaction. With SightPlan, on-site teams are empowered to combine and optimize maintenance activities like work orders, inspections, preventive maintenance, and asset tracking. Communication with residents is made easier through custom branded resident apps and an intelligent virtual assistant, helping teams deliver exceptional service while gaining actionable business insights portfolio-wide.
“The $31.8 trillion real estate industry is undergoing a major digital transformation; community amenities and systems have become more sophisticated and on-site teams need new tools to manage the growing complexity.” said Terry Danner, CEO, SightPlan. “Partnering with RET Ventures enables us to expand our reach and bring new innovations to our industry.”
RET Ventures is the first industry-backed early stage venture fund focused on helping build cutting-edge real estate technology companies for the multifamily industry. “SightPlan is leading the multifamily industry in solutions that benefit operators, owners, staff, maintenance teams, and residents,” said John Helm, Managing Director, RET Ventures. “With several of our founding LPs already signed on as customers, SightPlan has proven to be an ideal fit for our fund.”
Sightplan is located in the former Code School/Pluralsight location on E. South Street in downtown Orlando. Additional information in Forbes.