AppWork, a rapidly growing software platform purpose-built to streamline maintenance operations for multifamily property management teams, announced it has secured a $13 million Series A investment led by Resolve Growth Partners, a growth equity firm focused on investing in and scaling leading vertical SaaS companies.
AppWork’s intuitive mobile-first platform helps property managers, owners, and maintenance teams drive operational efficiency, resident satisfaction, and NOI by automating the maintenance lifecycle. And since launching in 2022, the company has experienced rapid adoption among multifamily operators, including NMHC 50 operators and prominent mid-market owners/managers seeking purpose-built tools for maintenance operations.
With the new funding round, AppWork plans to significantly accelerate product innovation and deepen its customer success capabilities to support a growing base of property managers and operators.
The Series A funding round follows a period of strong momentum for AppWork, which has grown by over 300% year over year.
In connection with the funding, Jit Sinha will join AppWork’s Board of Directors.
KEY QUOTES:
“Maintenance is one of the most critical drivers of resident experience and operational success, yet it remains underserved by legacy solutions. We started AppWork to give maintenance teams software they actually enjoy using. With Resolve as our partner, we’re positioned to double down on our vision, scale faster, innovate deeper, and bring modern tools to even more operators across the country.”
- Sean Landsberg, Co-Founder and CEO of AppWork
“We’ve spent years tracking the evolution of software in multifamily property management, and AppWork stands out as the clear leader in modern maintenance operations. The team has built a product that users love, and their growth has been entirely organic, driven by word-of-mouth from happy customers. We’re thrilled to partner with AppWork to help them scale into the category-defining platform for maintenance.”
- Jit Sinha, Co-Founder and Partner at Resolve Growth Partners
