Billee Technologies
Intelligent utility billing solution for property managers, delivering insights that boost revenue and reduce staff time.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $9.0m | Seed | |
| Total Funding | 000k | ||
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Billee Technologies, founded by John Hinckley, is a Dallas-based PropTech company that has developed a SaaS platform to automate utility billing for property owners. After operating discreetly for about a year and acquiring two utility billing companies, the company officially launched, securing $9 million in a seed funding round.
The platform is designed for the multifamily real estate market, providing property managers with a comprehensive tool to manage utility billing. It offers visibility into utility data, which in turn delivers insights aimed at increasing revenue and reducing the amount of time staff spend on billing tasks. The core of the business model is a monthly subscription fee for access to the platform.
The service aims to streamline the entire utility billing process, from data collection to invoicing and payment processing. By automating these tasks, Billee Technologies helps property managers to improve operational efficiency and accuracy. The platform's data analytics capabilities also allow clients to identify trends and opportunities for cost savings and revenue enhancement.
Keywords: PropTech, utility billing, SaaS, multifamily real estate, property management, data analytics, automation, billing solution, revenue optimization, operational efficiency