- TFLiving, a tech-enabled platform providing fitness and amenities services for residential and commercial communities, announced it raised $4.8 million
TFLiving, a tech-enabled platform providing fitness and amenities services for residential and commercial communities, announced it has raised $4.8 million in series seed funding round led by Camber Creek with participation by Courtside Ventures and other strategic investors.
What does TFLiving do? TFLiving enables residential and commercial real estate owners and property managers to coordinate, schedule, and manage a comprehensive and customizable suite of amenities, including fitness programs, resident events, dog walking, and massage services. The platform was designed to add instant value and enhance their tenants’ and residents’ on-property experience.
The TFLiving mobile-first platform allows residents, tenants, and independent amenity providers directly manage amenities via their smartphone or tablet thus freeing up valuable time and energy for real estate and property management employees.
The proceeds from the funding will be used toward supporting and scaling Master Service Agreements TFLiving signed with a number of major U.S. residential and commercial real estate owners as well as adding to the company’s executive staff.
Launched in 2016, TFLiving’s platform serves over 100,000 units of apartment and condominium developments and active adult communities as well as millions of square feet of office buildings and other venues in 28 states across the U.S. And the company has formed partnerships with numerous leading real estate developers and property management companies, including Bozzuto, Lincoln, and Greystar with active agreements in place that will also more than double their current unit count and square footage served.
Key Quotes:
“Amenities have transformed over the last-decade from a luxury to a must-have in not only apartment buildings, but across nearly every corner of real estate. Since our founding four years ago, TFLiving has seen an incredible adoption rate from owners and property managers looking to not only enhance their communities, but engage tenants and residents through a diverse menu of fitness and wellness programs, pet care offerings and communal event services that are adaptable to any budget,” said TFLiving Founder & CEO Devin Wirt. “With the backing of Camber Creek and other investors, we are now in prime position to elevate our platform and help build communities in residential and commercial buildings across the country.”
“Having followed TFLiving since 2017, we continue to be impressed with the vision and execution from Devin and his team as they expand through the portfolios of many of the most prominent multifamily residential and commercial property owners & managers in the United States,” said Jeff Berman, Partner at Camber Creek.