Nestio Launches Next Generation Platform, Delivering a Mode…


NEW YORK–(BUSINESS WIRE)–Nov 6, 2018–Nestio, the real estate technology company that unlocks a modern leasing experience for multifamily owners and operators, and their renters, today announced the launch of the next generation of its marketing and leasing automation platform. The new suite of enhancements and features elevates the rental process to meet the expectations of the modern consumer. Nestio now streamlines the entire rental process from start to finish with automated workflows, machine learning to expedite responses and real-time reporting all within a single, easy-to-use dashboard.

“As a renter, I built Nestio to deliver an experience we’ve all come to expect. With technology changing the way we shop, travel, dine and more, it was clear to me there was a major opportunity to transform the apartment renting process as well,” said Caren Maio, CEO of Nestio. “Finding and renting an apartment should be easy, much like booking a hotel room or making a restaurant reservation. The experiences we expect as consumers need to be effortless, on-demand and personalized. These core tenets drive the technology we build as we work hand-in-hand with multifamily owners and operators to empower them to deliver those experiences.”

The enhancements take Nestio from an inventory management and syndication platform to an end-to-end marketing and leasing automation platform that encompasses the entire leasing process – distributing availability; tracking and managing leads; engaging, communicating with and touring prospective renters; along with advanced data and reporting to track and measure performance – in real time, from a single dashboard. The streamlined process allows owners and operators to become more efficient while concurrently making the process smoother and simpler for renters.

Nestio recently raised $4.5 million from some of the most prominent names in real estate, including Rudin Ventures, The Moinian Group’s venture arm Currency M, the Durst Organization, LeFrak Ventures and Lightstone Group affiliate Torch Venture Capital. The funding round, led by Camber Creek and Trinity Ventures, was a catalyst for launching the next generation of the platform.

About Nestio

Nestio is the industry-leading marketing and leasing platform for multifamily owners and operators. Backed by top investors from Silicon Valley and the real estate industry, Nestio is on a mission to transform the rental experience through technology, enabling multifamily professionals to deliver a modern leasing experience from a single dashboard. Nestio’s customers manage hundreds of thousands of listings on its platform across the nation’s top real-estate markets, including New York, Boston, Chicago, Houston, Dallas and more.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005136/en/

CONTACT: Media:

Megan Nealon, 857-362-8897

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: OTHER CONSUMER TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE OTHER TECHNOLOGY SMALL BUSINESS MOBILE/WIRELESS SEARCH ENGINE MARKETING SEARCH ENGINE OPTIMIZATION PROFESSIONAL SERVICES CONSULTING OTHER PROFESSIONAL SERVICES COMMUNICATIONS MARKETING PUBLIC RELATIONS/INVESTOR RELATIONS CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY CONSUMER

SOURCE: Nestio

Copyright Business Wire 2018.

PUB: 11/06/2018 10:00 AM/DISC: 11/06/2018 10:00 AM

http://www.businesswire.com/news/home/20181106005136/en

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