What does AppWork do?
AppWork is a Ramsey, NJ-based SaaS company that offers a purpose-built, mobile-first platform to automate and streamline maintenance operations for multifamily property management teams. The platform helps property managers, owners, and maintenance teams improve operational efficiency, enhance resident satisfaction, and boost net operating income.
How much did they raise?
The company raised $13M in Series A funding, led by Resolve Growth Partners, which underscores investor confidence in its innovative approach to maintenance management. There were no additional participating investors mentioned in the round.
What are their plans for the money?
With the new capital, AppWork plans to expand its operations and bolster its development efforts. This investment is expected to enhance the platform’s capabilities and accelerate its adoption among multifamily operators, further transforming maintenance processes in the industry.
What have they achieved so far?
Since its launch in 2022, AppWork has achieved rapid adoption among multifamily operators, including recognition by NMHC 50 operators and prominent mid-market owners and managers, reflecting strong market validation of its tailored maintenance solutions.
