Tour24, a Boston, MA-based self-guided tour company, raised $5M in Series B funding.
The round was led by RET Ventures.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2020, Tour24 is a tech company that provides curated self-guided touring experiences, enabling owners to save time, cut costs, and centralize operations. The company enables prospects to schedule and tour communities at their convenience, offering self-guided tours both during and after regular office hours, including weekends and holidays. Using it, owners can offer curated tours with pre-recorded audio describing apartments and amenity spaces, thereby providing potential residents with insights into the property based on their location.
Tour24 currently serves 525,000 units across 2,065 multifamily properties in the U.S. The product is being utilized by several RET strategic investors, including GID, Berkshire Residential Investments, Highmark, AMLI Residential, and LCOR. It also integrates with property management systems and property technology solutions, including fellow RET portfolio companies Engrain and Funnel as well as Yardi, Entrata, RealPage, EliseAI and Brivo.
FinSMEs
22/10/2024