Founded by Rob Hayden and Kevin Murphy, two veterans of the rental housing industry, Renew has secured more than $8 million in seed funding and has an advisory board composed of some of multifamily's most prominent thought leaders.

Major investors in Renew include Upfront Ventures, Goldcrest Capital, Allen & Company LLC and Walkabout Ventures. RXR and top executives from WC Smith, two companies that develop, own and operate apartment communities, are also key investors.

Renew enables apartment owners and operators to realize traditionally overlooked business opportunities by transforming the resident renewal process and powering retention on a portfolio-wide basis. It is a scalable, centralized solution that automates and optimizes the renewal and retention process to drive NOI and improve the bottom line. Renew helps renters seamlessly renew their lease or find another home within an operator's portfolio, while also delivering powerful data and insights into the resident experience and inclination to renew to operators. Founded by rental housing and technology veterans Rob Hayden and Kevin Murphy, Renew seeks to unlock tremendous value for both residents and operators, and to entirely change the way both parties think about their relationship.