NEW YORK, NY, Renew, the AI-powered platform helping multifamily and single-family apartment operators keep residents longer and reduce costly turnover, today announced a $12 million Series A financing.
The round was led by Haymaker Ventures, with participation from Goldcrest Capital, Upfront Ventures, and numerous Renew customers. The funding will scale Renew's retention platform and launch the industry's first Resident Referral Network.
Renew enables apartment owners and operators to unlock new revenue and reduce risk by transforming the resident renewal process. Its connected resident retention platform automates renewals, strengthens fraud protection, and helps residents stay loyal to a brand they trust-whether they renew, relocate, or refer. Founded in 2021 by real estate and technology veterans Rob Hayden and Kevin Murphy, Renew partners with leading owners and operators nationwide to turn retention into a revenue engine.
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