Proptech platform Wreno lands $5m seed

Lerer Hippeau led the round with participation from other backers that include Fifth Wall, Owl Ventures and NFX.

  • The company has raised a total of $6.1m to date
  • Investment will allow the company to expand into new US markets
  • Wreno was founded in 2021 by two former Zillow employees

Wreno, a proptech platform, has raised $5 million in seed funding. Lerer Hippeau led the round with participation from other backers that include Fifth Wall, Owl Ventures and NFX.

The Arizona-based company has raised a total of $6.1 million to date.

This investment will allow the company to continue to scale into new markets across the US and develop new service offerings.

Wreno was founded in 2021 by Charlotte Schell and Mark Barton, two former Zillow employees with experience in business and real estate.

“The rapidly-growing iBuyer, REIT, and proptech markets have been constrained by labor,” Isabelle Phelps, a partner at Lerer Hippeau, said in a statement. “Wreno’s end-to-end platform opens up labor supply for those companies while bringing efficiencies and improved customer experience to the market.”