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Venture Capital News: Wreno Scoops Up $5M Seed Round

2022-09-01
SCOTTSDALE, AZ, Wreno, a cutting-edge proptech platform that trains and connects workers and trade partners with institutional real estate companies, has raised $5 million in seed funding.
The round was led by Lerer Hippeau with participation from Fifth Wall, Owl Ventures, NFX, among others. The round's angel participation also includes senior management from top single-family home institutions, as well as founders such as Vikas Choudhary from Porter and Alexey Dubov and Sam Ruben from Mighty Buildings. The company has raised a total of $6.1 million to date.

Wreno is an end-to-end home evaluation and maintenance service platform for iBuyers, REITs, and prop tech companies. Using the latest in ML and computer vision, Wreno upskills gig workers to provide faster and more accurate home estimations and data collection at scale, while also optimizing fragmented local trade businesses to provide much needed repair and maintenance services. Wreno's full suite of technology also allows real estate companies to more efficiently recruit, onboard, train, and deploy their own internal home evaluation professionals and vendors at scale.
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