Virtual Leasing Tour SaaS Hits $5m Revenue, Sells 60% at $34m Valuation Bringing on New Strategic Partner

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 12 May 2021

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Matt Weirich is the Co-founder and CEO of Realync. Having founded Realync over 9 years ago, Matt is on a mission to make multifamily touring, leasing, and communication, real and transparent. With their video leasing solution, Realync has helped teams all across the United States increase their lead-to-lease conversion rates and decrease sales cycles. Realync is partnered with many of the nation's largest property owners and managers and is actively being used in over 220K units today. Realync is multifamily's leading virtual leasing and resident engagement platform enabling live video tours, live virtual open houses and DIY pre-recorded videos of properties.

Transcript

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0:00.0	So we did a $22 million round with Susquehanna growth equity this past fall.
0:05.0	We didn't put a full 22 million on the cap table.
0:08.0	We did some cap table cleanup, liquidity event, things like that for some of the prior investors.
0:12.0	But big equity partner and we're very excited about what they need for business.
0:17.0	You are listening to conversations with Nathan Latka.
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0:46.3	Like Eric Wan, 18 months before he took Zoom public.
0:50.3	We got to grow faster, minimum is 100% over the past several years.
0:55.0	Or bootstrap founders like Vivek of QuestionPro.
0:58.0	When I start the company, it was not cool to raise.
1:00.0	Or Looker's CEO Frank Bean before Google acquired his company for $2.6 billion.
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