REAL ESTATE INVESTMENT, MORTGAGE AND LENDING
Businesswire | May 16, 2023
Enumerate (the “Company”), the leading provider of software and payment solutions to communities, homeowners associations (“HOAs”) and other vertical markets, today announced its rebrand after a previous growth equity investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. The Company’s core products, TOPS Software (accounting) and Nabr Network (engagement), will operate under the new name Enumerate moving forward. Enumerate will be led by Charlie Piper, a software industry veteran and former Great Hill portfolio company executive. Great Hill invested growth capital into Enumerate’s predecessor company, TOPS Software, in July 2021 and executed the acquisition of Nabr Network in February 2022.
Enumerate’s technology will bring together the best in accounting, operations, payments, resident engagement, and financial services in one easy-to-use and integrated platform. The investment from Great Hill will enable Enumerate to accelerate its growth plans and further enhance its product roadmap to better serve customers.
“We are thrilled to partner with Great Hill as we embark on the next phase of our growth journey as a newly-launched company,” said Mr. Piper. “Combining the collective 70+ years of industry and product knowledge that we bring together, Enumerate is well-positioned to continue innovating on behalf of our customers. Furthermore, Great Hill’s deep experience scaling technology businesses will be invaluable to our transformation as we bring new solutions to market to deliver even greater value for our customers.”
“In fragmented markets poorly served by point solutions, we believe Enumerate is uniquely positioned as the accounting system of record to deliver an integrated payments and software offering. Opportunities exist on both sides of the accounting ledger, accounts receivable (money in) and accounts payable (money out). We look forward to providing the support and resources required to capitalize on this large and under-penetrated opportunity across our core markets,” said Joe Germanese, Principal at Great Hill.
Since its inception, Great Hill has developed a deep track record in the payments and software sectors with over 20 investments in the category. In addition to Enumerate, Great Hill Partners’ portfolio includes One Inc, Versapay, Paytronix, Vanco, NMI, BlueSnap, and more. Prior investments include Affinipay, Accelerated Payment Technologies, BillMatrix, ChromeRiver, MineralTree, and PayChoice, among others.
About Enumerate
Enumerate is the leading provider of community association management software and payments solutions that reduce administrative tasks by over 75% for property management companies and self-managed associations. With tens of thousands of communities and millions of homes managed, Enumerate empowers community association management organizations by digitizing and optimizing their accounting processes, operational workflows, AR & AP payments, and resident engagement. As a result, they can scale business and community growth and operations, improve homeowner and board satisfaction, maximize ROI, and transform the financial reconciliation processes. Enumerate exists to make community management easier. Want to see how? Learn more at www.goenumerate.com.
About Great Hill Partners
Founded in 1998, Great Hill Partners is a private equity firm targeting investments of $100 million to $500 million in high-growth companies across the software, digital commerce, financial technology, healthcare, and digital infrastructure sectors. With offices in Boston and London, Great Hill has raised over $12 billion of commitments and invested in more than 95 companies, establishing an extensive track record of building long-term partnerships with entrepreneurs and providing flexible resources to help middle-market companies scale. Great Hill has been recognized for its industry leadership, being ranked #3 in the 2022 HEC Paris-Dow Jones Mid-Market Buyout Performance Ranking, which evaluated fund performance of 563 leading private equity firms between 2009-2018.
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REAL ESTATE TECHNOLOGY, MORTGAGE AND LENDING
Accesswire | May 04, 2023
Stavvy, the fintech company reshaping digital and remote collaboration for lending and real estate companies, today announced that they have entered into an agreement with WFG National Title Insurance Company (WFG), a leading provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, through which they will provide the company and its customers with eClosing technology solutions. This exciting collaboration aims to empower clients with cutting-edge technology solutions that drive customer experience, enhance digital protection, and combat fraud during the closing process.
As the world becomes more digital, the demand for secure and efficient eClosings has grown rapidly. Whether customers want a fully digital solution or a hybrid closing approach, Stavvy and WFG will work together to provide clients with digital closing solutions and a seamless closing experience.
"Stavvy is incredibly excited to work with WFG to bring innovative eClosing solutions to the masses," said Kosta Ligris, Founder and CEO of Stavvy. "Our collaboration will enable us to leverage our strengths and expertise to deliver a digitally integrated and secure closing experience that is sure to exceed buyer expectations."
WFG is well known for its dedication to outstanding customer experience and improving the closing process for everyone. The company knows that in today's tech-driven era, consumers are increasingly seeking flexible digital solutions for their real estate needs. WFG and Stavvy have come together to provide cutting-edge remote online notarization (RON) services that offer an unparalleled level of digital security with knowledge-based authentication (KBA), easy access to closing documentation, and flexible scheduling.
"We understand the importance of innovation and adapting to new technologies in our industry," said WFG SVP, National Escrow Advisor Natalie Koonce. "Through our relationship with Stavvy, we are excited to offer our clients eClosing solutions that enhance the overall efficiency of the real estate and mortgage lending industries, while also providing a seamless and secure closing experience."
The Stavvy digital mortgage platform, built by industry experts, is designed to simplify and maximize mortgage lending, real estate, and legal workflows. With Stavvy, clients can expect various benefits, including greater convenience, heightened security, and enhanced efficiency.
About Stavvy
Stavvy is a Boston-based, venture-backed financial technology company building solutions to manage security risk, eliminate fragmentation, and increase speed, efficiency, and transparency in real estate and mortgage lending. The company's mission is to transform fragmented workflows into trusted and seamless experiences where technology does the work so people can focus on what matters most. Its platform offers eClosing functionality, including eSign, digital notarization, and video conferencing designed for real estate and mortgage professionals. To learn more, visit stavvy.com.
About WFG National Title Insurance Company
Portland, Oregon-based WFG National Title Insurance Company (WFG), a Williston Financial Group company, is a leading provider of title insurance and real estate settlement services for commercial and residential transactions nationwide. One of just six truly national title underwriters, WFG accomplished its national footprint faster than any other underwriter in history.
Built around the directive to "communicate, collaborate, coexist," WFG strives to improve the real estate process through the creation and delivery of comprehensive, innovative services and technology solutions that empower and increase transaction transparency for the title agents, real estate professionals, lenders, and consumers it serves. The company enjoys a Financial Stability Rating of A' (A prime), as assigned by Demotech, Inc. For more information, visit www.wfgtitle.com.
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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Businesswire | May 30, 2023
Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, today announced that it has entered into an agreement with GoldOller Real Estate Investments (“GoldOller”), a seasoned real estate investment and management firm, to provide scalable waste and recycling services.
GoldOller finds unique investment opportunities in markets and product classes often passed over by more traditional institutional investors. In this three-year agreement, Rubicon will provide waste and single-stream recycling services to GoldOller across 17 multifamily locations in the United States. With a growing portfolio of owned and managed multifamily assets totaling more than 40,000 units, GoldOller’s properties extend from New York to Florida, and all the way across to Texas. The three founding members of GoldOller have a combined 70 plus years of experience in real estate investment, management, and development.
Rubicon will bring its market-leading RUBICONConnect™ product, and the power and scope of its network of more than 8,000 hauler and vendor partners, to bear in providing scalable waste, recycling, and sustainability solutions to GoldOller in support of its environmental and business goals.
“Rubicon is proud to support GoldOller’s forward-thinking approach to real estate investment with our industry-leading waste, recycling, and sustainability solutions,” said Tom Owston, Chief Commercial Officer at Rubicon. “By providing scalable waste and recycling services through our digital platform, we’re supporting GoldOller in its efforts to reduce its environmental impact while delivering value to its stakeholders.”
“We are excited to partner with Rubicon to help us achieve our environmental and business goals while also improving the quality of life for our residents,” said Sarah Campion, VP of Asset Management at GoldOller. “We believe that the use of Rubicon’s technology will help us make a measurable difference in the communities where we operate.”
For more information on how Rubicon is deploying its market-leading technology products to equip businesses, local governments, and haulers with the tools and software they need to improve operations, meet sustainability goals, and (ultimately) end waste, visit the enterprises, governments, and haulers pages on Rubicon’s website.
About Rubicon
Rubicon Technologies, Inc. (NYSE: RBT) is a digital marketplace for waste and recycling, and provider of innovative software-based products for businesses and governments worldwide. Striving to create a new industry standard by using technology to drive environmental innovation, the company helps turn businesses into more sustainable enterprises, and neighborhoods into greener and smarter places to live and work. Rubicon’s mission is to end waste. It helps its partners find economic value in their waste streams and confidently execute on their sustainability goals. To learn more, visit rubicon.com.
AboutGoldOller Real Estate Investments
With a growing portfolio of owned and managed multifamily assets totaling more than 40,000 units, GoldOller “Nation” now extends from New York to Florida and all the way across to Texas. Richard Oller and Jeffrey Goldstein joined forces in 2004 sharing the helm at Multifamily Management Services and affiliates (MMS) and together with founding member Jake Hollinger created GoldOller Real Estate Investments in 2009. With a combined 70-plus years of experience in real estate investment, management, and development – projects include market rate and affordable apartments, condominiums, office, hotel, retail, and single-family development. Led by Richard, Jeffrey, Jake, and the addition of VP of Operations Jill Hinton – GoldOller Real Estate Investments is an innovative owner/operator and an emerging leader in the multifamily real estate industry. And while our expertise is increasing value, our business is helping you achieve your investment objectives, reach your career potential or experience comfortable living.
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