Funding

ApartmentIQ Raises $25 Million to Accelerate AI-Powered Real Estate Solutions

Aug 12, 2026 | By Startuprise

SUMMARY

ApartmentIQ raises $25M in follow-on funding from Susquehanna Growth Equity.
The company supports 1,500+ portfolios and 8 million units with real-time market intelligence.
Funds will accelerate AI products, MavenAI, hiring, and platform expansion.

ApartmentIQ, a real-time market intelligence, revenue management, and AI platform for the multifamily real estate industry, has secured a $25 million follow-on investment from Susquehanna Growth Equity (SGE). The latest funding builds on SGE’s $22.5 million Series B investment in 2021, when ApartmentIQ operated as Rentable.

The company will use the new capital to expand its platform, accelerate AI product development, and grow its engineering, data, product, and go-to-market teams.

The investment highlights ApartmentIQ’s transformation from a consumer-focused apartment marketplace into an integrated technology platform for multifamily operators. The company now helps property owners and operators track market movements, optimize rental revenue, and automate marketing and operational workflows using AI.

Within two years, ApartmentIQ has grown to support more than 1,500 portfolios and approximately 8 million customer units, including 70% of the NMHC Top 50.

The company’s core market survey platform provides daily, unit-level pricing and availability data using publicly available information. This replaces traditional manual market surveys and gives operators faster access to competitive pricing intelligence.

Funding Snapshot

Metric	Details
Fundraise Amount	$25 million
Investor	Susquehanna Growth Equity
Previous SGE Investment	$22.5 million Series B in 2021
Company	ApartmentIQ
Former Name	Rentable
Sector	Multifamily Real Estate Technology / AI
Founded	2013
Headquarters	MADISON

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About ApartmentIQ

Founded in 2013, ApartmentIQ, formerly known as Rentable, is a data and AI platform serving the multifamily real estate industry.

The company uses publicly available market data to provide operators with real-time insights into rental pricing, availability, market trends, and competitive activity. Its platform has expanded beyond market intelligence into revenue management, market research, and AI-powered property marketing.

Core offerings include:

Market Survey Platform: Daily, unit-level pricing and availability intelligence.
Explore Pro: Market intelligence for acquisitions, development, redevelopment, and competitive analysis.
Daylight: AI-powered revenue management built on nearly six years of daily market data covering 40 million units.
MavenAI: AI-powered marketing automation for multifamily properties.

Previous Funding & Investors

Susquehanna Growth Equity previously led ApartmentIQ’s $22.5 million Series B round in 2021, when the company was known as Rentable.

ApartmentIQ is also backed by 4490 Ventures and Flyover Capital.

Funding Timeline

Year	Funding Event
2021	$22.5 million Series B led by Susquehanna Growth Equity
2026	$25 million follow-on investment from Susquehanna Growth Equity

Leadership Comments

“When SGE first invested, we had a strong business helping people find apartments. Today, we’re building products that help multifamily operators see their markets in real time, make more predictive decisions, and automate more of the manual work required to compete,” said Alec Slocum, Co-Founder and CEO of ApartmentIQ. “SGE has been an exceptional partner through a period of significant transformation for the business. This investment accelerates our vision for a broader multifamily platform powered by real-time public data and AI.”

“Since our initial investment, Alec and his team have consistently translated product innovation into meaningful adoption across the multifamily industry as AI tools take hold,” said Josh Elser, Managing Director at Susquehanna Growth Equity. “The Company’s expansion and effective utilization of AI to provide real-time market intelligence, revenue management, and marketing automation reflects a platform that is both broadening its capabilities and becoming increasingly critical for operators and owners. We are pleased to continue supporting ApartmentIQ as it scales into its next phase of growth.”