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Funnel raises USD36m in Series B round led by RET Ventures

Funnel Leasing, a renter-centric leasing platform, has completed a USD36.5 million Series B funding round led by proptech VC investor RET Ventures.

Camden Property Trust and Morgan Properties, two of the country’s largest owners of multifamily properties, as well as Wilshire Lane Capital, Trinity Ventures and Camber Creek, also participated in the round. Additional strategic investment was provided by RET Ventures Limited Partners MAA, Essex and Cortland. 

The financing will expand Funnel’s reach in the enterprise and mid-markets of leading property owners and management companies who recognise the value of centralised leasing and renter-centric models for success.

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