Pittsburgh property-leasing startup expands to Columbus after raising $2.2M

Story excerpt provided by Columbus Business First. Written by Lian Bunny.

Ikos, a Pittsburgh-based property-leasing startup, has expanded to Columbus and Baltimore, aided by raising $2.2 million in venture capital.

The two-year-old company uses technology to connect landlords and renters, said co-founder and CEO Steve Welles. Ikos charges landlords half of one month’s rent and offers non-exclusive contracts. Welles said most real estate firms charge one month’s rent and have exclusive contracts.

“The hook is for whoever owns the property,” he said. “We’re trying to make it as good as we can. Expanding the experience starts with getting the landlords on board.”

The first expansion from its home base was in Cleveland. Ikos has landed 26 Central Ohio landlords as clients and is starting the Columbus office with two employees.

Click here to read the complete article. Originally published April 20, 2018.

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