Nurture Boss is an advanced AI solution for the multifamily housing sector that recently announced a $4.025 million Series A funding round from AZVC and In Revenue Capital. I founded the company to provide a solution to the urgent problem of a significant labor shortage amid a booming market. The company’s “AI for Multifamily” solution was created to streamline leasing operations and make the process fully autonomous and much more efficient.
Currently, Nurture Boss’ Virtual Leasing Assistant (VLA) is disrupting the multifamily tech scene by bringing AI agents to apartment communities across the U.S. It is doing so by communicating with prospective and current residents via email, text, phone and web chat. From the moment a prospective resident expresses interest in an apartment community until an existing resident renews their lease, the VLA provides communication every step along the way to ensure a seamless process.
For example, the technology begins by reaching out to new prospective residents through text and email to gather pertinent information, such as how many bedrooms are needed and when, do they have pets, etc. The technology then uses this information to tailor its outreach to address specific needs and wants. After the VLA has helped a prospective resident navigate the leasing process, it can assist in facilitating a smooth move-in experience. This can include guiding residents through the move-in process, facilitating on-time rent payments, collecting overdue rent, driving more online reviews or kick-starting the renewal process. Throughout the journey as a resident, the technology is there to ensure needed information and materials are always available to residents.
Since implementing this new technology, apartment owners and operators have seen an uptick in onsite team efficiency, lead-to-tour ratios, lead-to-lease rations, on-time rent payments and renewal rates.
Jacob Carter, founder and CEO of Nurture Boss
