Fintech easing friction for landlord/tenant damage liability raises $44M

A tech startup for the rental market – already one of Central Ohio’s fastest-growing private companies by revenue – has raised $44 million in private equity to accelerate.

Foxen last year more than tripled the number of multifamily and student housing units it monitors for compliance with requirements for renter’s insurance, according to a release. The company said the funding will help target a market of 24 million U.S. rental units.

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Story excerpt provided by Columbus Inno.

Written by Carrie Ghose.

Originally published June 2, 2022.