Connexus, a Washington, DC-based company specializing in procurement and request for proposal (RFP) solutions in the real estate sector, has raised $800,000 in seed funding.
The funding round was led by Middleburg Communities and included contributions from startup founders and executives such as Demetrios Barnes (SmartRent and Umbrello) and Todd Butler (Sentral and Migo).
Connexus plans to utilize the funds to enhance its technology platform and expand its operations.
Under the leadership of CEO Devin Wirt, Connexus offers a platform designed to boost profitability through four primary verticals: procurement, contract management, data analysis, and insurance compliance within the real estate industry. The platform currently supports over 200,000 units.
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By Proptechbuzz
By Ravi Kumar