Beekin is a technology company.
Beekin has raised $3.0M across 1 funding round.
Beekin has raised $3.0M in total across 1 funding round.
Beekin has raised $3.0M in total across 1 funding round.
Beekin's investors include Acrew Capital, AllegisCyber Capital, Alumni Ventures, Earthshot Ventures, Energy Impact Partners, Highland Capital Partners, Insight Partners, The Westly Group, Transformation Capital, Julius Genachowski, Louis Beryl.
Beekin is an AI-powered SaaS platform that provides analytics and revenue optimization tools for the rental housing market, serving investors, lenders, brokers, developers, and operators of multifamily and single-family rentals.[1][2][3] Its products, such as LeaseMax for rent pricing optimization and WILSON for resident retention, leverage big data, machine learning, and aggregated data on 13 million homes to solve problems like inaccurate manual rent predictions, inefficient underwriting, and suboptimal asset management.[1][5][7] Beekin targets top-5 asset managers, home builders, and lenders, enabling them to boost NOI, improve retention, and maximize asset value in the multi-trillion-dollar U.S. rental sector, with demonstrated growth like 150% higher renewal rent growth compared to competitors.[1][3][7]
Headquartered in New York City (with some sources noting Houston, TX), Beekin has under 50 employees and revenue below $5 million, yet powers solutions for major players amid partnerships like Home River Group and Moda Homes.[2][4][5]
Founded in 2018 by Vidur Gupta (CEO), Beekin emerged to address inefficiencies in rental housing analytics, replacing manual spreadsheets and outdated tools like Zillow or CoStar with AI-driven platforms.[2][4][5] Gupta and the team, including COO Pat Flint, Director of Data Science Mitch Gooding, and Director of Engineering Rahul Singh, built on expertise in real estate, big data, and machine learning to create user-friendly tools for better decision-making.[5]
Early traction came from multi-patented solutions covering the asset lifecycle—from underwriting to financing—gaining adoption by top U.S. rental investors.[1] Pivotal moments include 2024 expansions: launching the AI tool WILSON at the NAA Apartmentalize conference, adding industry veteran executives, and securing partnerships like Home River Group for AI pricing deployment across 60,000+ units.[2][4] Backed by an advisory board of real estate leaders (e.g., former LivCor CEO Ralph Pickett, Wharton professor Gilles Duranton), Beekin evolved from a Houston incubator to a New York-based innovator.[4][5]
Beekin rides the PropTech wave in rental housing, fueled by AI and big data amid a turbulent market with downward rent trends, institutional investor growth, and demand for efficiency in the $3+ trillion U.S. sector.[1][2] Timing aligns with post-2020 single-family rental booms and multifamily challenges, where manual pricing fails—Beekin's automation fills this gap, promoting fairer, data-transparent markets.[1][3]
Market forces like rising NOI pressures, resident retention needs, and SFR/multifamily convergence favor Beekin, as seen in 2024 expansions amid economic headwinds.[2][4] It influences the ecosystem by enabling top operators to scale (e.g., 60,000-unit portfolios), fostering collaboration akin to its "Bee" namesake, and pushing AI standards for real estate analytics.[3][4][5]
Beekin is poised to capture more share in AI-driven PropTech as rental markets demand precision amid volatility—expect deeper integrations, WILSON/Ebby expansions, and potential acquisitions by larger players like asset managers.[2][4][7] Trends like AI resident personalization and SFR growth will shape its path, evolving its influence from niche optimizer to ecosystem standard-setter for efficient, renter-friendly housing.[1][3]
This positions Beekin as a key enabler in making the housing dream more real through data kinship, starting from its 2018 mission to outcompete via analytics.[3][5]
Beekin has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in July 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2021 | $3.0M Seed | Acrew Capital, AllegisCyber Capital, Alumni Ventures, Earthshot Ventures, Energy Impact Partners, Highland Capital Partners, Insight Partners, The Westly Group, Transformation Capital, Julius Genachowski, Louis Beryl |