RET Ventures

Real Estate Technology Ventures (RET Ventures) is a venture capital firm established in 2017 and based in Park City, Utah. It is the first early-stage venture fund backed by the real estate industry, focusing on developing innovative technology companies within the multifamily and single-family rental sectors. RET Ventures connects high-quality entrepreneurs with its extensive network of strategic limited partners, who collectively manage nearly one million rental units across North America. This collaboration allows for the rapid scaling of businesses while providing property owners with early access to effective technology solutions. The firm also emphasizes investments in housing and technologies that promote environmental, social, and governance (ESG) principles, focusing on reducing energy consumption, carbon emissions, and waste management to address climate change.

Jaymie Fung Bingham

Associate

John Helm

Founder and Partner

Monte Jones

Platform Partner

Julia Lambert

Associate

James Pearson

Analyst

Aaron Ru

Principal

Fred Tuomi

Venture Partner

Christopher Yip

Partner and Managing Director

Past deals in Rental

Stake

Series A in 2022
Stake is the first loyalty program to invest in renters. Stake creates a better relationship between owners and renters by rewarding staying, growing, and living in the neighborhoods we call home. Our proprietary rewards and investment platform invests in residents with return on rent, a monthly rent match that is invested in a real estate index fund. Residents use their returns to save for the things they love.

Fyxt

Series A in 2022
Developer of property management platform intended to connect tenants, vendors, and managers. The company's cloud-based platform allows managers to streamline operations and documentation to reduce expenses, increase productivity, track spending, and provide a superior experience to tenants and owners to gain transparency, and data, ultimately reducing their OPEX and increasing their NOI across their portfolios, enabling tenants to find homes and workspaces and managers to stay on track of requests, approvals, scheduling, and invoicing in industrial real estate.

Picket Homes

Series A in 2022
Picket Homes is a technology-focused real estate platform established in 2019, aimed at transforming the residential real estate market. It specializes in acquisitions and property management, offering professional investors tools to efficiently identify, underwrite, acquire, and manage residential properties across various markets. The platform provides comprehensive services, including data analysis, return modeling for both active and off-market single-family listings, transaction support, renovations, leasing management, and property maintenance. By streamlining these processes, Picket Homes enhances the quality of the renting experience for both investors and renters.
TurnoverBnB is a operator of an online platform intended to allow hosts to find local cleaners for their short-term rental cleaning. The company's software allows users to connect with their existing Airbnb and VRBO calendars to automatically schedule their cleaners via SMS and email, enabling users to hire and pay housekeepers conveniently.

Kasa Living

Series B in 2020
Kasa Living, Inc. is a real estate company that specializes in rental accommodation booking services through an online platform. Founded in 2016 and based in San Francisco, California, the company partners with owners of multifamily and boutique hospitality properties to transform underutilized real estate into professionally managed units. Kasa Living offers a range of services, including hotel check-in, apartment bookings, and property management, catering to both business and leisure travelers. The company operates in various states across the United States, including Virginia, Georgia, Texas, and California, among others, with a focus on building a global accommodations brand.

SmartRent

Series C in 2020
SmartRent is an enterprise home automation company that develops innovative software and hardware solutions for property owners, managers, and residents in multifamily communities. Founded in 2016 and headquartered in Scottsdale, Arizona, SmartRent provides a platform that allows property managers and residents to control locks, lights, and thermostats in both vacant units and common areas from anywhere in the world. The company's technology integrates with various property management systems and hardware manufacturers, enabling enhanced asset monitoring and protection. SmartRent's solutions aim to create operational efficiencies and drive additional revenue opportunities for property managers while delivering a seamless experience for residents. The majority of the company's revenue comes from the United States, though its services also extend internationally.

Fernish

Series A in 2020
Fernish is a furniture rental startup based in Los Angeles, California, founded in 2017 by Michael Barlow and Lucas Dickey. The company offers a subscription model that caters to consumers with a mobile lifestyle, providing quality furniture and decor across various categories such as living rooms, dining rooms, bedrooms, and offices. Fernish aims to redefine furniture rental by positioning itself as a lifestyle brand, allowing subscribers to rent entire rooms or specific pieces. Customers have the flexibility to swap out items they do not like or wish to change at any time. Additionally, Fernish features a rent-to-own program, enabling subscribers to apply their previous payments toward the purchase of rented items at the end of their subscription.

Kasa Living

Series A in 2019
Kasa Living, Inc. is a real estate company that specializes in rental accommodation booking services through an online platform. Founded in 2016 and based in San Francisco, California, the company partners with owners of multifamily and boutique hospitality properties to transform underutilized real estate into professionally managed units. Kasa Living offers a range of services, including hotel check-in, apartment bookings, and property management, catering to both business and leisure travelers. The company operates in various states across the United States, including Virginia, Georgia, Texas, and California, among others, with a focus on building a global accommodations brand.

TurboTenant

Series A in 2019
TurboTenant, Inc. develops a rental property management software software for landlords and property managers. The company through its software allows landlords and property managers to market their rental properties; receive online rental applications; screen tenants for criminal history, credit report, and past evictions; share and store documents, including signed lease agreements and condition report; allows renters to sign legal documents electronically; and collect online rent payments. It allows users to post the rental property on property listing websites. The company through its software also provides rent estimate reports, flyers for the property, and state-specific legal forms. TurboTenant, Inc. was founded in 2015 and is based in Fort Collins, Colorado.

SmartRent

Series B in 2019
SmartRent is an enterprise home automation company that develops innovative software and hardware solutions for property owners, managers, and residents in multifamily communities. Founded in 2016 and headquartered in Scottsdale, Arizona, SmartRent provides a platform that allows property managers and residents to control locks, lights, and thermostats in both vacant units and common areas from anywhere in the world. The company's technology integrates with various property management systems and hardware manufacturers, enabling enhanced asset monitoring and protection. SmartRent's solutions aim to create operational efficiencies and drive additional revenue opportunities for property managers while delivering a seamless experience for residents. The majority of the company's revenue comes from the United States, though its services also extend internationally.

Fernish

Venture Round in 2019
Fernish is a furniture rental startup based in Los Angeles, California, founded in 2017 by Michael Barlow and Lucas Dickey. The company offers a subscription model that caters to consumers with a mobile lifestyle, providing quality furniture and decor across various categories such as living rooms, dining rooms, bedrooms, and offices. Fernish aims to redefine furniture rental by positioning itself as a lifestyle brand, allowing subscribers to rent entire rooms or specific pieces. Customers have the flexibility to swap out items they do not like or wish to change at any time. Additionally, Fernish features a rent-to-own program, enabling subscribers to apply their previous payments toward the purchase of rented items at the end of their subscription.

SmartRent

Series A in 2018
SmartRent is an enterprise home automation company that develops innovative software and hardware solutions for property owners, managers, and residents in multifamily communities. Founded in 2016 and headquartered in Scottsdale, Arizona, SmartRent provides a platform that allows property managers and residents to control locks, lights, and thermostats in both vacant units and common areas from anywhere in the world. The company's technology integrates with various property management systems and hardware manufacturers, enabling enhanced asset monitoring and protection. SmartRent's solutions aim to create operational efficiencies and drive additional revenue opportunities for property managers while delivering a seamless experience for residents. The majority of the company's revenue comes from the United States, though its services also extend internationally.

SmartRent

Seed Round in 2018
SmartRent is an enterprise home automation company that develops innovative software and hardware solutions for property owners, managers, and residents in multifamily communities. Founded in 2016 and headquartered in Scottsdale, Arizona, SmartRent provides a platform that allows property managers and residents to control locks, lights, and thermostats in both vacant units and common areas from anywhere in the world. The company's technology integrates with various property management systems and hardware manufacturers, enabling enhanced asset monitoring and protection. SmartRent's solutions aim to create operational efficiencies and drive additional revenue opportunities for property managers while delivering a seamless experience for residents. The majority of the company's revenue comes from the United States, though its services also extend internationally.
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