# Engrain Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/engrain-technology

- Industry: Software
- Headquarters: Denver, US
- Website: www.engrain.com
- Total disclosed funding: $15M
- Latest round: Series A (Feb 28, 2023)
- Investors on record: 2

## About

Based in the US, Engrain Technology Inc. is a company specializing in innovative property management solutions, delivering advanced tools for property visualization and leasing experiences for the real estate sector.Engrain Technology Inc. was founded in 2010 and is headquartered in Denver, US. The company focuses on providing technology solutions for property management. Brent Steiner and Patrik Vormittag are the founders, with Brent Steiner also serving as CEO. In recent years, Engrain has raised a total of USD 10.98 mn in Series A funding, with the latest deal occurring on February 28, 2023, led by Real Estate Technology Ventures. This funding will support the company's ongoing efforts in enhancing its technology offerings.Engrain specializes in advanced property management solutions, primarily through its core products: SightMap, TouchTour, and Asset Intelligence. SightMap serves as an interactive mapping platform designed for renters, enabling users to visualize properties with detailed pricing information. TouchTour enhances the leasing experience by offering self-service options and guided tours through touch-enabled devices. Asset Intelligence provides data analytics and visualization tools aimed at property managers, assisting them in optimizing asset management and leasing strategies. These products are utilized by multifamily housing communities, senior living facilities, and property management companies across North America and select international markets.Engrain's revenue model is structured around a combination of subscription services and partnerships with property management firms. Clients subscribe to the company's software packages, including access to SightMap, TouchTour, and Asset Intelligence, tailored to their specific needs. This subscription structure allows property managers to integrate Engrain’s technology into their operations, enhancing their leasing processes and customer engagement. The pricing plans accommodate varying business sizes and operational scales, enabling clients to select the most appropriate product tiers based on their requirements.Engrain Technology Inc. plans to utilize the USD 10.98 mn raised in Series A funding to improve its technology offerings. The company is focused on expanding its product line, with potential new products in development aimed at enhancing user engagement and operational efficiency. Additionally, Engrain is targeting expansion into new markets, specifically international regions, to broaden its customer base. These initiatives are part of Engrain's strategy to solidify its position within the property management technology sector.

## Funding rounds

- Series A, Feb 28, 2023, $11M — RET Ventures
- Seed, Oct 2, 2020, $3.7M — RET Ventures
- Seed, Jul 25, 2019, $0.8M — Commonwealth Capital Ventures

## Investors

- Commonwealth Capital Ventures (https://capitalatlas.ai/funds/commonwealth-capital-ventures) — Seed
- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Seed, Series A