# Bluejay Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluejay-labs

- Industry: Software
- Headquarters: Seattle, US
- Website: www.showdigs.com
- Total disclosed funding: $10M
- Latest round: Seed (Feb 15, 2022)
- Investors on record: 5

## About

Bluejay Labs, Inc. operates Showdigs, a leasing automation platform that streamlines property management tasks for single-family property managers through integrated software and fieldwork services.Bluejay Labs, Inc., founded in 2018 in Seattle, US, operates Showdigs, focusing on automating and improving the leasing process for property managers. The company has successfully completed three funding rounds, with its latest being a Seed round on February 15, 2022, raising USD 7.4 mn led by MetaProp and supported by other investors including Fortson VC and Tacoma Venture Fund. Kobi Bensimon serves as both the Founder and CEO, leading the company towards enhancing its offerings and market reach. The total amount raised by the company stands at USD 7.4 mn with a current valuation of USD 22.806 mn.Showdigs provides a comprehensive leasing automation platform designed for single-family property managers, integrating both software solutions and outsourced fieldwork services. Their offerings include scheduling software for automating property tours, on-demand showings conducted by licensed agents, and condition reports for documenting property status during turnover or inspections. This technology targets property managers across various U.S. markets, improving operational efficiency and reducing vacancy rates for clients mainly managing larger portfolios.Showdigs operates on a subscription-based revenue model where property managers pay for access to its suite of services. Clients managing a minimum of 200 doors gain full benefits from the platform, which includes automated scheduling and condition report services. Revenue is generated through these subscription fees and additional service add-ons, providing a complete package for enhancing leasing operations. This business structure fosters long-term client relationships through tailored support and efficient processes.In February 2022, Bluejay Labs, Inc. raised USD 7.4 mn in Seed funding to expand its team and rapidly launch its agent network nationwide. The company aims to introduce new products to enhance its platform's functionality and is targeting specific new markets for expansion. With the recent funding, Bluejay Labs plans to strategically grow its presence and service offerings, catering to the evolving needs of property management.

## Funding rounds

- Seed, Feb 15, 2022, $7.4M — Trilogy International Partners, MetaProp, Tacoma Venture Fund, Vesta Ventures, Fortson VC
- Seed, Apr 11, 2019, $3M — Trilogy International Partners

## Investors

- Trilogy International Partners (https://capitalatlas.ai/funds/trilogy-international-partners) — Seed
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed
- Tacoma Venture Fund (https://capitalatlas.ai/funds/tacoma-venture-fund) — Seed
- Vesta Ventures (https://capitalatlas.ai/funds/vesta-ventures) — Seed
- Fortson VC (https://capitalatlas.ai/funds/fortson-vc) — Seed