ApartmentIQ Raises $25M Follow-On Investment

ApartmentIQ, based in Madison, Wisconsin, is a real-time market intelligence, revenue management, and AI platform for the multifamily real estate industry. The company recently announced a $25 million follow-on investment, classifying the infusion as growth capital to support the expansion of its AI-driven product suite.

Investors

Susquehanna Growth Equity led the investment round.

ApartmentIQ Use of Funds

ApartmentIQ intends to use the new capital to expand its core platform, accelerate development and investment in its MavenAI tool and other AI-powered products, and support hiring efforts across its engineering, data, product, and go-to-market teams.

About ApartmentIQ

Founded in 2013 by CEO Alec Slocum, ApartmentIQ, formerly known as Rentable, provides a data and AI-powered platform for multifamily real estate operators. The company helps clients understand market dynamics in real time, optimize revenue, and automate operational workflows through its suite of products, including Explore Pro, Daylight, and MavenAI.

Funding Details

Company Website: https://getapartmentiq.com

Company: ApartmentIQ
Raised: $25M
Round: Growth Capital
Funding Date: August 11, 2026
Lead Investor: Susquehanna Growth Equity
Company Website: https://getapartmentiq.com
Software Category: PropTech
Source: https://www.businesswire.com/news/home/20260811099934/en/ApartmentIQ-Announces-8M-Customer-Units-and-a-%2425-Million-Follow-On-Investment-from-Susquehanna-Growth-Equity