Leonardo247

Leonardo247 is a property technology company that provides a software-as-a-service (SaaS) platform for real estate operations, focusing on the multifamily housing sector. The company was founded in 2014 by Daniel Cunningham, a professional with a background in civil engineering, asset management for a large real estate investment trust (REIT), and property management. The idea for the company was born from Cunningham's direct experience with a maintenance oversight that led to a significant issue at a building he managed, highlighting the need for a more robust operational solution.

The firm's business model is centered on a subscription-based platform that streamlines and automates the daily operations of property management. It serves property owners, operators, and on-site teams, aiming to improve efficiency, mitigate risk, and ensure compliance. The platform provides tools for managing preventative maintenance schedules, inspections, work orders, resident communication, and adherence to local and federal codes. By consolidating these functions, Leonardo247 helps clients enhance consistency and transparency across their portfolios. Its client base includes large-scale multifamily organizations managing thousands of units across the United States, with the platform serving over 2 million units.

The core product is a cloud-based, mobile-first platform that acts as a centralized system for property operations. Key features include smart inspections with mobile device support, automated work order management that syncs with property management systems, customizable preventative maintenance schedules, and comprehensive document management. A significant differentiator is its use of artificial intelligence to translate municipal codes into actionable compliance tasks for maintenance teams. The platform also offers real-time dashboards for management to monitor portfolio performance and identify potential risks. In September 2020, Leonardo247 secured a $9.5 million Series A funding round led by Level Equity, which was intended to accelerate growth and expansion into other commercial real estate markets.

Keywords: property operations, multifamily housing software, real estate technology, risk management, preventative maintenance, compliance automation, property management SaaS, real estate investment trust, asset management, work order management, real estate analytics, property inspection software, operational efficiency, CRE technology, due diligence platform, remote property management, maintenance management software, real estate compliance, tenant management