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Tech-Enabled Amenities Provider TFLiving Raises $4.8 Million in Series Seed Funding to Accelerate Expansion

March 9, 2020 GMT
(Photo: Business Wire)
(Photo: Business Wire)

PAWLEYS ISLAND, S.C.--(BUSINESS WIRE)--Mar 9, 2020--

TFLiving, the nation’s premier tech-enabled platform providing fitness and amenities services to residential and commercial communities, today announced that it has closed a $4.8 million series seed funding round led by Camber Creek with participation by Courtside Ventures and other strategic investors.

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(Photo: Business Wire)

TFLiving enables residential and commercial real estate owners and property managers to coordinate, schedule and manage a comprehensive, customizable suite of amenities - including fitness programs, resident events, dog walking and massage services - designed to add instant value and enhance their tenants’ and residents’ on-property experience. TFLiving’s mobile-first platform allows residents, tenants and independent amenity providers to directly manage amenities via their smartphone or tablet, freeing up valuable time and energy for real estate and property management employees.

“Amenities have transformed over the last-decade from a luxury to a must-have in not only apartment buildings, but across nearly every corner of real estate. Since our founding four years ago, TFLiving has seen an incredible adoption rate from owners and property managers looking to not only enhance their communities, but engage tenants and residents through a diverse menu of fitness and wellness programs, pet care offerings and communal event services that are adaptable to any budget,” said TFLiving Founder & CEO Devin Wirt. “With the backing of Camber Creek and other investors, we are now in prime position to elevate our platform and help build communities in residential and commercial buildings across the country.”

Proceeds from the fundraise are going toward supporting and scaling Master Service Agreements TFLiving has inked with a number of major U.S. residential and commercial real estate owners, as well as adding to the company’s executive staff.

“Having followed TFLiving since 2017, we continue to be impressed with the vision and execution from Devin and his team as they expand through the portfolios of many of the most prominent multifamily residential and commercial property owners & managers in the United States,” said Jeff Berman, Partner at Camber Creek.

Founded in 2016, TFLiving’s platform serves more than 100,000 units of apartment and condominium developments and active adult communities, as well as millions of square feet of office buildings and other venues in 28 states across the U.S. The company has formed partnerships with numerous leading real estate developers and property management companies, including Bozzuto, Lincoln and Greystar, with active agreements in place that will also more than double their current unit count & square footage served.

TFLiving is headquartered in Pawleys Island, S.C.

About TFLiving

TFLiving is the nation’s premier tech-enabled amenities provider designed specifically for residential and commercial communities. The one-stop platform allows for easy and efficient enhancements of properties by offering a comprehensive suite of amenities on-site, including fitness and wellness programs, pet care services, communal events, and more.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200309005754/en/

CONTACT: Dan Ivers

Antenna | Spaces

646-265-9670

dan.ivers@antennagroup.com

KEYWORD: SOUTH CAROLINA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE TECHNOLOGY MOBILE/WIRELESS CONSTRUCTION & PROPERTY FITNESS & NUTRITION REIT SOFTWARE HEALTH RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: TFLiving

Copyright Business Wire 2020.

PUB: 03/09/2020 03:27 PM/DISC: 03/09/2020 03:27 PM

http://www.businesswire.com/news/home/20200309005754/en