Click Notices, Inc., the leading Software-as-a-Service (SaaS) provider of delinquency management services to the multifamily property industry, today announced that is has closed a round of Series A funding led by Sopris Capital. ClickNotices will use the funding to enhance its platform that helps property managers reduce their legal spend, control delinquencies, and automate operations.
'We are active investors in the real estate and legal technology arenas, so we recognized ClickNotices' software as a compelling solution for automating archaic processes. ClickNotices' solution addresses a major pain point for property managers across the country. This team has built a truly innovative product and established a dominant market position, as demonstrated by a client roster that includes some of the largest property managers in the industry,' said Jon Kaiden, president and founding member of Sopris Capital. Kaiden will join ClickNotices' board of directors along with Dirk Wakeham, managing director of Westlake Ventures and former president of RealPage, Inc.
'I've been involved in the multifamily technology industry for more than twenty years,' said Wakeham. 'I was impressed to find a team that has created an automated and elegant solution for one of the most painful aspects of property management. I look forward to working with ClickNotices to help expand the delinquency management software category that this company has pioneered.'
'ClickNotices achieved another record year of revenue and customer growth in 2015 while expanding our service to eight states in the Mid-Atlantic and Northeast,' said Eric Sigler, CEO of ClickNotices. 'With this investment, we will further enhance support, add functionality, and work toward our goal of having a nationwide footprint by the end of 2017.'
About Sopris Capital
Based in New York, Sopris Capital Associates LLC is a venture capital firm that invests growth equity in the tech-enabled business services, healthcare IT, and healthcare services sectors. Sopris partners with fast growing companies that have a validated business model, initial market acceptance, and a management team that can capitalize on the opportunity.
About ClickNotices
Click Notices, Inc. is the leading SaaS provider of delinquency management services to the multifamily property industry. The Company's cloud-hosted platform and expert staff offload the administrative burden of managing late rent and evictions. Every month, ClickNotices handles thousands of late rent cases, helping property managers minimize delinquencies, reduce legal costs, and simplify operations. http://www.clicknotices.com