VERO, a leasing infrastructure for owners and renters, announced a $5M Series A funding round, jointly led by Eleven Capital and Bienville Capital. Strategic investors, including LeFrak and A&E, also participated in the round.

VERO consolidates the leasing process in one simple platform, making lease management easier and more affordable for property managers while providing transparency and cost savings for renters. On average, it takes less than 17 minutes to apply and sign a lease with VERO-compared to the industry average of seven days.