Proptech Players Expand Through Leadership Moves, Investments, and Innovation

Find the latest news from Beagle, DOOR, EliseAI, Kasa, Modives, PropUp, Snappt, and Venn.

6 MIN READ

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Entrata Co-Founder Johnny Hanna Joins Beagle as President

Beagle, a platform for insurance, compliance, and resident benefit solutions, has tapped proptech veteran Johnny Hanna as president. The co-founder of Entrata and Homie and former chief revenue officer for Funnel Leasing brings decades of experience building and scaling tech companies.

“Johnny’s leadership adds tremendous strength to our next phase of growth,” said Nico Laqua, co-founder and CEO of Corgi Insurance, Beagle’s parent company. “His leadership and track record in proptech will be invaluable as we continue expanding our reach and delivering best-in-class insurance solutions.”

In this new role, Hanna will lead Beagle in meeting the growing demand for insurance solutions across the multifamily and single-family rental sectors.

“The team is tackling a massive industry problem with a modern, artificial intelligence (AI)-enabled approach—and I’m thrilled to help scale its impact across the country.” joinbeagle.com

EliseAI Secures $250 Million to Accelerate Housing and Health Care Innovation

EliseAI, the AI company automating complex housing and health care systems, has raised $250 million in Series E funding. The round was led by Andreessen Horowitz, with participation from new investor Bessemer Venture Partners and existing investors Sapphire Ventures and Navitas Capital.

With the new funding, EliseAI plans to rapidly expand its team to accelerate product innovation and impact. The company is actively hiring across all departments, including engineering, customer experience, sales and marketing, and strategy and operations, growing its office hubs in Boston, Chicago, New York, and San Francisco.

“EliseAI is built on the belief that AI can dramatically improve how critical industries operate,” said co-founder and CEO Minna Song. “For an average American, health care and housing represent approximately 40% of household spending. These two systems are notoriously complex, outdated, and painful to navigate. And we’re here to fix it with agentic AI. We’re excited to partner with both new and returning investors to supercharge our growth and accelerate solutions that reduce costs and increase efficiency in the industries that matter most.”

The company has grown from 150 to over 300 full-time employees and introduced new AI-powered products in both its housing and health care verticals since its $75 million Series D round a year ago. eliseai.com

Latch Rebrands as DOOR

Known for smart access in multifamily housing, Latch has rebranded as DOOR. This marks its transformation into a comprehensive platform for access, automation, and building operations. It also reflects an expanded mission: delivering building intelligence that helps properties plan and reduce complexity.

“This is more than a rebrand. It reflects the clarity, purpose, and momentum behind DOOR,” said CEO David Lillis. “We’ve taken what we’ve learned, strengthened our foundation, and focused on building what’s next. We’re not just helping buildings open—we’re helping them think ahead. DOOR is here to set a new standard in building technology that delivers where it matters most.”

DOOR offers a platform that connects hardware, software, and automation to streamline operations and support owners and operators at scale. Recent updates have included a redesigned DOOR app that provides a more intuitive experience for keyless access and smart-home controls for residents. door.com

Kasa Lands $40 Million Investment

Flex rental operator Kasa has secured a $40 million growth investment led by SLW, a global premier growth investor. With the funding, the company plans to accelerate investment in the technology and artificial intelligence capabilities powering its proprietary hospitality operating system to enhance the guest experience and owner outcomes.

Kasa serves as the exclusive short-term rental provider to half of the nation’s largest multifamily owners and is a partner for institutions like Starwood Capital, Prudential, and Greystar. It surpassed $100 million in annual booking revenue, more than doubling its business in the past year.

The company operates over 85 properties in more than 45 markets nationwide, with boutique hotels as one of its fastest-growing segments.

“We are building a better way to operate hospitality properties: one that’s lighter, smarter, and more profitable,” said founder and CEO Roman Pedan. “This funding allows us to double down on investing in systems to drive performance for our partners. We’re giving independent hoteliers access to the kind of technology and operational backbone that, until now, was only available to the world’s largest hotels.” kasa.com

Modives, Venn Launch All-Digital Insurance Coverage Solution

Modives, specializing in live insurance verification, monitoring, and remediation, has partnered with resident operating system Venn to create a comprehensive insurance coverage solution for multifamily homes.

The collaboration connects Modives’ CheckMy Resident platform with Venn’s operating system, allowing renters insurance to be verified and monitored instantly. If a coverage gap is found, residents can enroll in a master liability or renters insurance policy without leaving the platform. According to the firms, property managers gain real-time compliance monitoring, and residents get seamless access to coverage options.

“We’re not just verifying insurance, we’re reducing risk,” said Modives CEO Frederick Waite. “Our integration with Venn turns compliance into a value-add, protects every property, and eliminates the historical friction around insurance between residents and management.” 

Oz Ganon, head of partnership at Venn, added the firm is not just adding features. “We’re creating a shared ecosystem that drives exponential growth. By embedding the best solutions seamlessly into the resident journey, we enable faster adoption, higher engagement, and greater value for everyone involved.”  modives.com, venn.city

PropUp Introduces New Features

PropUp, which provides maintenance, facilities, and property operations tools to managers and operators of multifamily and single-family rental communities, has introduced two new upgrades to its inspection app—high-definition video inspections and time-stamped photo capture. 

According to PropUp, these enhancements will speed up inspection processes, particularly on high-volume inspections like move-ins and move-outs. Users will be able to capture high-definition videos on any item in every area of the inspection direction within the mobile app workflow. 

“We are constantly listening to our clients and building solutions they actually need,” said CEO William Gottfried. “This inspection app update is a perfect example of that commitment. With HD video capture and time-stamped photography, our users can dramatically increase the accuracy of their inspections, streamline move-ins and move-outs, and protect themselves from unreasonable disputes.” gopropup.com

Snappt Partners With CLEAR to Strengthen Renter Verification

Snappt, a fraud detection and income verification solution for the multifamily industry, has joined forces with CLEAR, the secure identity company. Through the strategic partnership, Snappt is integrating CLEAR1, an identity platform, to help property managers to streamline applicant verification, reduce fraud, and minimize manual efforts.

The combined approach is designed to help property managers address the average fraud rate of 6.5%, according to the company’s midyear report, while maintaining a streamlined experience for applicants.

“This partnership represents a significant evolution in how our industry approaches applicant verification,” said James Hyde, CEO of Snappt. “By integrating CLEAR’s trusted technology into our Applicant Trust Platform, we can deliver unparalleled security and user experience to property managers and applicants alike.”  snappt.com 

About the Author

Christine Serlin

Christine Serlin is an editor for Affordable Housing Finance and Multifamily Executive. She has covered the affordable housing industry since 2001. Before that, she worked at several daily newspapers, including the Contra Costa Times and the Pittsburgh Tribune-Review. Connect with Christine at cserlin@questex.com or follow her on Twitter @ChristineSerlin.

Christine Serlin

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