Livly, a provider of technology-driven residential management platforms, has raised $10 million in funding to support several new initiatives designed to increase net operating income for developers, property operators, and third-party property management companies.
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The investment will fuel Livly’s expansion into new markets and support the development of cutting-edge technology solutions to enrich resident experiences and optimize property management processes. Anticipated enhancements include increased access and IoT integrations and expanded AI functionality in maintenance, touring, and sentiment analysis.
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“We’re committed to delivering unparalleled value and return on investment by providing a highly engaged platform that enhances the quality of life for all stakeholders in multifamily properties,” stated CEO Alex Samoylovich. “This new round of funding will enable us to expand our market presence further and develop innovative products and services that deliver even greater value to residents, property owners, and operators.”
“We are thrilled to receive robust support for our vision and validation of our original hypothesis from both institutional and strategic investors,” remarked Executive Chairman Brian Duggan. “This funding solidifies Livly’s position as a leader in the prop-tech industry and will enable us to continue delivering innovative solutions that set new standards for the multifamily housing sector.”
About Livly
Founded in 2017, Livly’s software simplifies property management, delivering cost-effective, user-friendly tools and analytics for enhanced resident satisfaction and increased NOI. Livly’s Tools: includes Portfolio Management, Livly’s Resident App, Property Hub, Livly Connect, Resident Events Powered by Circuit.
