# Leonardo247

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leonardo247

- Industry: Software
- Headquarters: Redondo Beach, US
- Website: www.leonardo247.com
- Total disclosed funding: $9.5M
- Latest round: Series B (Sep 11, 2020)
- Investors on record: 1

## About

Leonardo247 provides innovative property maintenance software solutions tailored for the multifamily housing sector, enhancing operational efficiency and resident engagement through a variety of modules designed for property management.Founded in 2014 and headquartered in Redondo Beach, US, Leonardo247 specializes in property management software solutions. The company was co-founded by Daniel Cunningham, who serves as CEO. The company raised USD 9.5 mn in Series B funding on September 11, 2020, led by Level Equity, bringing the total amount raised to USD 9.5 mn.Leonardo247 offers a comprehensive suite of property maintenance software solutions designed for the multifamily housing sector. The platform includes core offerings such as Acquire247, Perform247, Protect247, Connect247, and Student247, addressing key operational needs in property management. These tools enable property managers to streamline maintenance workflows, enhance resident satisfaction, and optimize property operations. Acquire247 focuses on facilitating the acquisition process, while Perform247 provides maintenance management tools that assist in tracking and resolving maintenance issues effectively. The platform primarily serves property management companies, asset managers, and real estate owners in the United States, with expanded reach to Canada and parts of Europe. By integrating technology with proactive maintenance strategies, Leonardo247 aims to alleviate common property management challenges, particularly during high-pressure periods like the annual summer turn in student housing.Leonardo247 generates revenue through a subscription-based model, allowing clients access to tailored software solutions for the multifamily housing market. Property management firms subscribe for a set fee that includes access to various modules such as maintenance management and resident engagement tools. Pricing plans vary based on selected services, leading to recurring subscriptions that provide ongoing support, software updates, and customer service access. The company's flagship offerings, Perform247 and Acquire247, are central to its revenue model, addressing critical operational challenges faced by property managers.Leonardo247 plans to leverage its recent USD 9.5 mn Series B funding raised in September 2020 to enhance product offerings and expand into new markets. The company is currently developing new features and modules for its software platform, with the aim of launching these updates in the coming year. Additionally, Leonardo247 is targeting expansion into the Canadian and European markets, seeking to establish a stronger presence by 2022. The funding will be utilized to support these initiatives and strengthen the company’s technological capabilities.

## Funding rounds

- Series B, Sep 11, 2020, $9.5M — Level Equity

## Investors

- Level Equity (https://capitalatlas.ai/funds/level-equity) — Series B