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How Realync Reached $5M ARR and 150 Enterprise Clients with a Flat-Fee Virtual Leasing Platform (Interview with Co-Founder and CEO Matt Weirich)

Matt Weirich (Co-Founder and CEO of Realync) spoke to Nathan Latka on May 4, 2021.

Realync figures from the interview

ARR (2021)
$5M
Enterprise Clients (2021)
150
Properties on Platform (2021)
1,400
Units on Platform (2021)
500,000
2020 Growth
400%
“So we're actually pushing 500,000 units now on the platform, which is great. So rolling that up on a property level, we're around 1,400 individual properties using a platform between The US and The UK.”
“So the average price point for Realync is right around that $325 per month, and that's unlimited live video tours, prerecorded video tours, cloud storage integrations, all of that.”
“We actually charged based on usage. And what we found very quickly was that the only result that drove was teams trying to minimize their usage.”

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Bio

Matt Weirich is the Co-founder and CEO of Realync. Having founded Realync over 9 years ago, Matt is on a mission to make multifamily touring, leasing, and communication, real and transparent. With their video leasing solution, Realync has helped teams all across the United States increase their lead-to-lease conversion rates and decrease sales cycles. Realync is partnered with many of the nation's largest property owners and managers and is actively being used in over 220K units today. Realync is multifamily's leading virtual leasing and resident engagement platform enabling live video tours, live virtual open houses and DIY pre-recorded videos of properties.

Company

Realync

United States · Founded 2013

Revenue
$6.7M
Funding
$23.5M
Team size
34
Customers
150

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