# LetHub

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

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.lethub.co
- Latest round: Seed (Jun 7, 2022)
- Investors on record: 1

## About

Based in Vancouver, British Columbia, Canada, and founded in 2019, Grit AI Tech Inc., trading under the name Lethub operates as a provider of a real estate tech platform that utilizes artificial intelligence in managing properties. The company was founded by Faizan Ali. The firm customer base includes Tenant Planet, Emerald, Titan, Dimension, and many more. In June 2022, the firm raised an amount of Seed funding from investor Sprout Fund.

The company offers artificial intelligence-powered leasing automation solutions. The platform has the features like third-party mgmt. and brokerage, multi-family operators, and self-showing technology. The company's artificial intelligence leasing assistant tool helps schedule viewing times, pre-qualify renters, conduct ID verification checks, troubleshoot and submit maintenance requests, as well as submit and view online rental applications. This allows property managers, landlords, and renters to lower vacancy rates, expand their portfolios, and free up staff time.

The firm generates its revenue by charging for its plan such as the basic starting at CAD 149 per month for basic, and CAD 199 per month for the premium. Additionally, it provides a lockbox add-on at CAD 0.35 per unit per month.

The company plans to use the June 2022 funding to launch itself in the housing industry and create new solutions that enhance the process of locating, managing, and retaining excellent renters.

## Funding rounds

- Seed, Jun 7, 2022 — Sprout Fund

## Investors

- Sprout Fund (https://capitalatlas.ai/funds/sprout-fund) — Seed