Venn is building a smart operating system for apartments. Here's the pitch deck that helped it raise $52 million.

Venn has successfully raised $52 million in Series B funding, bolstered by investment from NOA and CIM Group, alongside contributions from Group 11, Oren Zeev, Hamilton Lane, Latitude, LocalGlobe, and FinTLV. This funding milestone was announced on Tuesday, bringing Venn's total funding to an impressive $140 million since its inception in 2017. The New York-based company is developing a cutting-edge smart operating system designed specifically for apartment management. Venn's innovative software streamlines various property management tasks, including automating applications, lease management, payment processing, and handling maintenance requests. Over the last 18 months, Venn has significantly broadened its reach, expanding its platform to over 30 states. The company has secured contracts with major real estate players such as Related, Bozzuto, CIM Group, and Veris Residential, signaling a strong endorsement of its technology in the real estate sector. Or Bokobza, cofounder and CEO of Venn, emphasized the vast potential in the multifamily real estate market, valued at $2.5 trillion. He stated, "This sector captures only a small fraction of the $10 trillion living economy surrounding it. Venn aims to transform this landscape by enabling property owners and operators to transition from a basic transactional model to one that operates like a consumer brand, leading to enhanced profitability and sustainability." Venn's product development and research teams are based in Tel Aviv, reflecting its commitment to innovation and technological advancement in property management.