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Funnel Leasing

Virtual leasing assistant for multifamily that handles prospect communication across email, chat, SMS, and voice. Reportedly drives 46% tour conversion rates vs. 19% without AI.

Category: Leasing & Occupancy Lead Nurturing
Tags: multifamilycrmvirtual-leasing-agentmarketing-automationvoice-ai
AI

How they use AI

AI virtual leasing assistant handles prospect communication via email, chat, SMS, and voice; drives 46% tour conversion vs 19% for non-AI

AI type: LLM

What it helps you do

Speed Up Leasing Reduce Vacancy Increase Occupancy

Built for

Multifamily Operators Property Managers Reits Asset Managers

Key numbers

  • AI virtual leasing agent saves 10+ hrs/week per team
  • 33% tour-to-lease conversion lift
  • 66% of tours booked automatically
  • $32M Series B2 (Oct 2023)

Credibility

Founders
Founded 2011 by Caren Maio, Matt Raoul, and Mike O'Toole. Current CEO: Tyler Christiansen.
Customers
QuadReal (~10,000 units), Redstone (35,000 units), Cortland, Camden Property Trust
Investors
RET Ventures (led Series B2), Trinity Ventures, Techstars, Camden Property Trust, Wilshire Lane Capital. $141M total raised.
Reviews
G2 5/5
Case Studies
QuadReal: 33% increase in tour-to-lease conversion, 66% of tours booked automatically via AI.