Funding Round attributes
AppWork, a company based in Ramsey, New Jersey, has successfully secured $13 million in a Series A funding round led by Resolve Growth Partners. This investment aims to enhance AppWork's operations and development initiatives.
Founded in 2022, AppWork offers a mobile-first platform designed to streamline maintenance operations for multifamily property management teams. The platform automates the entire maintenance lifecycle, thereby improving operational efficiency, resident satisfaction, and net operating income (NOI) for property managers, owners, and maintenance teams. Since its inception, AppWork has experienced rapid adoption among multifamily operators, including those listed in the National Multifamily Housing Council's (NMHC) Top 50, as well as mid-market owners and managers seeking specialized tools for maintenance operations.
The newly acquired funds are intended to support AppWork's plans to expand its operations and further develop its platform.
