Realync raises $22 million growth round

Virtual leasing startup Realync has secured a $22 million equity round from Susquehanna Growth Equity to keep up with unprecedented demand. The news comes as property owners and managers embrace video tours in the wake of the pandemic.

• How it works: Clients use their smartphones to record video tours and instantly send personalized clips to prospective tenants or buyers. Realync charges multi-family owners, managers and developers a flat monthly fee per property to use its video software, TRD noted. Live video tours are also available.

• Heard on the Street: CEO & Co-Founder Matt Weirich: “In a matter of three months, we went from 300 properties using our technology to 1,200. We’re pushing 1,500 properties on the platform with no sign of stopping.” [TRD+BusinessWire]