U.S. multifamily tech company Livly launches with $10 mln in seed funding

Livly, a Chicago-based technology-driven multifamily operations company, has announced the company's official launch.

In addition, the company has raised $10 million in seed funding to roll out its software to its strategic partners nationally, over the next several quarters.

The round was led by U.S. venture capital firms Pritzker Group Venture Capital, Navitas Capital, and JLL Spark, with participation from The Related Group, Golub & Company, and CA Ventures.

With the launch, Livly unlocks new revenue streams for property owners and managers, by monetizing physical and digital transactions within a building while offering a one-stop seamless app-based digital experience for the renters.