Revyse Raises $1 Million Seed Investment

Revyse, the vendor management software making life easier for multifamily operators, has just secured another $1 million in seed funding from RET Ventures, a venture capital firm known for its focus on real estate tech.

If you're keeping count, this is on top of the $1 million they raised earlier this year in May. So, things are moving quickly for this young company.

Founded in 2023 by real estate veterans Bobbi Steward and Ben Steward, Revyse set out to tackle one of the industry’s biggest headaches: managing vendors.

If you've ever had to juggle a bunch of contracts while trying to keep your properties running smoothly, you know it’s not exactly a walk in the park.

Enter Revyse, with its all-in-one solution, Revyse Vendor Intelligence. It’s an AI-powered contract management platform that gives multifamily operators a bird’s-eye view of their vendor contracts. Think of it as having a GPS for navigating the tricky terrain of vendor relationships—except instead of getting lost, you end up saving time and money.

Bobbi Steward, who’s been there and done that in multifamily marketing, knows just how chaotic vendor management can get. You’ve got contracts at both the corporate and property levels, renewal dates to track, and before you know it, you’re buried in paperwork.

Revyse’s software is like that one super-organized friend who can keep track of everything, freeing you up to focus on bigger things.

On top of that, Revyse has a marketplace where multifamily owners can browse vendors.

Need a technology provider or an onsite service?

It’s all right there, along with transparent pricing, product descriptions, and reviews.

So, no more crossing your fingers and hoping for the best when you sign a new vendor. Buyers get the info they need, and vendors enjoy smoother sales—everybody wins.

This funding will help Revyse keep expanding its product features, with a focus on improving its "Spend Insights" tool. This nifty feature identifies strange contract data (because no one wants to pay for something twice) and helps operators find ways to save a few bucks.

They’re also working on rolling out vendor credentialing, which will make onboarding faster and less risky. In other words, they’re not slowing down anytime soon.

So, what’s next for Revyse?

Well, with some of the largest institutional owners and operators already using the platform, things are looking bright.

With RET Ventures backing them, the company is poised to continue fine-tuning its tools to help property managers sleep a little better at night.