Allison Wood Ventures announced an additional $4 million investment in property management software company Innago. The latest investment brings Allison Wood Venture's total backing of Innago to $7.7 million over the last five years.

Innago is free, easy to use online property management software designed for landlords and property managers of all sizes. Innago allows you to create applications, screen tenants, sign leases, collect rent, manage work orders, organize financials, communicate with tenants, and much more.