What is Funnel?
Formerly known as Nestio, Funnel serves as a critical infrastructure provider for multifamily owners and managers. By integrating marketing and leasing workflows into a unified platform, the company addresses the inherent inefficiencies in property management. Its technology stack is designed to enhance operational transparency, drive profitability, and provide actionable insights across large-scale real estate portfolios. As a leader in the rent-tech space, Funnel bridges the gap between legacy property management systems and the modern, digital-first expectations of today's renters and leasing professionals.
How much funding has Funnel raised?
Funnel has raised a total of $52.1M across 3 funding rounds:
Angel/Seed
$1.6M
Series A
$14M
Series B
$36.5M
Angel/Seed (2014): $1.6M with participation from RiverPark Ventures, Scout Ventures, Techstar Ventures, and Freestyle
Series A (2020): $14M led by RET Ventures, Camber Creek, and Trinity Ventures
Series B (2022): $36.5M supported by RET Ventures, Camber Creek, Wilshire Lane Capital, Trinity Ventures, Camden Property Trust, and Morgan Properties
Key Investors in Funnel
RET Ventures
A leading real estate technology investment firm, RET Ventures is the first industry-backed early-stage venture fund to strategically focus on helping build cutting-edge rent tech for multifamily and single-family rental real estate.
Camber Creek
Camber Creek is a private equity firm that specializes in innovative, real estate-related companies and cash-flowing real estate investments, providing strategic guidance and facilitating connections with major businesses in the sector.
Trinity Ventures
Trinity Ventures is an early-stage investment firm dedicated to supporting mission-driven entrepreneurs and transforming their ambitious visions into reality through hands-on support and intellectual engagement.
What's next for Funnel?
Following the latest major strategic investment, Funnel is positioned to deepen its penetration into the multifamily market. The company is expected to leverage this capital to enhance its product suite, potentially expanding its data analytics capabilities and further automating the leasing lifecycle. By maintaining strong ties with its strategic backers—many of whom are major REITs and industry operators—Funnel is uniquely positioned to iterate its platform based on real-world feedback from the largest portfolios in the country. The focus remains on scaling its enterprise footprint while maintaining the agility required to innovate within the rapidly evolving property technology landscape.
See full Funnel company page
