Livly raises $8 million

Livly , “a leading provider of modern digital applications for apartment buildings nationwide,” has raised $8 million from private equity group Geolo Capital, venture capital groups OCA Ventures and Founder Equity, and additional strategic investors from across the real estate industry.

Founded in 2017, the Chicago-based proptech startup provides a platform for the multifamily industry, connecting residents and property managers. Residents can handle tasks such as move-in onboarding, setting up renters’ insurance, requesting maintenance, receiving package notifications, and more. Livly also enables property managers to cultivate resident communities through a variety of dynamic communication and social engagement tools, including a new digital community feed that serves as a private social network for apartments.

So far, Livly is active in more than ten US cities, and has partnered with some of “the most prestigious” organizations in multifamily real estate, including The Related Group, Lincoln Property Company, and Golub & Company.

“Livly is the must-have platform to compete in multifamily and represents a giant leap forward in proptech and resident engagement.” – Geolo Capital Partner, Tom Gottlieb.