# Flip Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flip-technologies

- Industry: Internet
- Headquarters: Brooklyn, US
- Website: www.flip.lease
- Total disclosed funding: $3.4M
- Latest round: Series A (Jul 11, 2018)
- Investors on record: 8

## About

Flip Technologies, Inc. is a digital solutions provider focused on enhancing property management and tenant engagement through innovative technology solutions that facilitate streamlined communication and operational efficiency for landlords and property managers.Founded in 2015 and headquartered in Brooklyn, US, Flip Technologies, Inc. specializes in property management solutions. The company was founded by Susannah Vila, who has a background in tech entrepreneurship. In October 2018, Flip Technologies, Inc. raised USD 2.20 mn in a Seed funding round led by Union Square Ventures, with participation from Collaborative Fund and Techstars. This round marked the total amount raised by the company to USD 2.20 mn across four deals.Flip Technologies, Inc. offers a comprehensive platform designed to enhance property management and tenant engagement. Their platform integrates property management tools, facilitating maintenance requests, lease agreements, and electronic rent payments. Catering to residential landlords, property management firms, and real estate investors, the company addresses the growing demand for tech-driven solutions within the property management sector, primarily in the United States and Canada.Flip Technologies, Inc. generates revenue through a subscription-based model, where clients pay a recurring fee for access to their comprehensive suite of property management services. Clients typically enter into annual or monthly agreements, with pricing tiers designed to fit various operational needs. Enhanced features such as advanced reporting and analytics are often included in higher-tier packages, which cater to larger real estate portfolios, fostering long-term client relationships and stable revenue streams.Looking ahead, Flip Technologies, Inc. aims to launch new enhancements to their platform, although specific release dates have not been disclosed. The company plans to expand its footprint into additional markets within North America, focusing on regions that demonstrate a demand for improved property management solutions. The recent funding raised in October 2018 will be utilized to support these product development and market expansion initiatives.

## Funding rounds

- Series A, Jul 11, 2018 — Tusk Venture Partners
- Seed, Jun 27, 2017, $2.2M — Union Square Ventures, Collaborative Fund, Techstars
- Seed, May 1, 2016, $1.2M — Techstars, Right Side Capital Management, BBG Ventures, V1.VC, Tusk Venture Partners, MetaProp

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Right Side Capital Management (https://capitalatlas.ai/funds/right-side-capital-management) — Seed
- BBG Ventures (https://capitalatlas.ai/funds/bbg-ventures) — Seed
- V1.VC (https://capitalatlas.ai/funds/v1-vc) — Seed
- Tusk Venture Partners (https://capitalatlas.ai/funds/tusk-venture-partners) — Seed, Series A
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed