Property Brands, a provider of property management technology solutions, has secured an investment from Insight Venture Partners, a New York-based venture capital and private equity firm.
Providence Strategic Growth, Property Brands’ previous lead investor, will retain a minority investment partnership going forward.
Headquartered in Knoxville, Tennessee, Property Brands provides software for property management, rent payment processing, background screening, and renters insurance. Property Brands is helmed by an executive team of proven entrepreneurs who have successfully built market leading SaaS companies.
“We couldn’t be more excited about this next phase of growth and innovation for our business,” says Lisa Stinnett, Chief Executive Officer of Property Brands. “This partnership will allow us to accelerate our mission to provide best-in-class solutions to our customers. We help property management companies solve challenges, become more efficient, reduce operating cost, and improve resident experience.”
“Property Brands has positioned itself as a leader in customer experience for the property management industry,” says Deven Parekh, Managing Director at Insight Venture Partners. “Insight is looking forward to partnering with the team as they scale their business to meet the emerging needs of the real estate industry.”
