ServusConnect, the developer of a mobile maintenance app for the apartment industry, this week announced it has raised a $350,000 seed round of funding from tech venture fund Cofounders Capital in Cary, NC. The company will use the funding for customer acquisition and to further develop its mobile and web-based platform.
ServusConnect is a B2B software-as-a-service platform that mobilizes maintenance operations for the multifamily apartment industry. The company likens their software as a “digital hub” for apartment maintenance operations, transforming paper-based, manual service processes still employed by much of the industry, into collaborative digital workflows accessible from any device between management, staff and vendors.
Early customer feedback indicates ServusConnect has a dramatic impact on improving efficiency of apartment maintenance teams, while providing apartment operators with actionable insights into not only how their teams and service vendors are performing, but how residents feel about where they live.
Michael Kendall, Special Projects Director of Richmond, VA-based General Services Corporation, offers major support for the startup. General Services Corporation own and manage a growing portfolio of 17,000+ apartment units across in Southeast and Western US.
Founder & CEO, Jamie Wohlschlegel, notes “the apartment industry spends $25 Billion annually on maintenance & repair operations but is massively behind in applying technology to this area. We believe there is a tremendous opportunity to bring a very useful and easy-to-implement technology to this market.”
David Gardner, general manager of Cofounders Capital agrees:
“The ServusConnect team has identified an exciting opportunity in commercial property management, specifically multifamily housing. Based on size of the market and lack of technology, the potential for growth is considerable.”
ServusConnect is a purpose-built, software-as-a-service platform for the multifamily apartment industry that brings apartment maintenance online. Their innovative platform extends the reach of existing maintenance-ticketing systems, allowing apartment operators to interact digitally with field staff and external vendors via ServusConnect mobile and web apps. This, combined with their unique Resident notification and survey capabilities, and intuitive reporting, make ServusConnect a must-have for every multifamily operator. For more on the ServusConnect, visit www.servusconnect.com.
About Cofounder’s Capital
Cofounders Capital is an early-stage seed fund focused on software ventures in the Triangle. Cofounders Capital is managed by serially successful entrepreneur, David Gardner with a team of over seventy advisers and volunteer mentors who are all investors in the fund, eager to support entrepreneurship in the Triangle and to help portfolio companies and entrepreneurs succeed.
Jamie Wohlschlegel, CEO, firstname.lastname@example.org