Innago receives $4M in capital from Allison Wood Ventures

logo for Innago: Free Online Rental Property Management Software

A Cincinnati-based real estate software firm has landed millions in new capital.

Innago, which caters to small and midsized property managers, announced this week a $4 million capital raise led by Allison Wood Ventures. The Houston-based venture capital firm has invested in Innago twice before, $1.2 million in 2017 and $2.5 million in 2020.

Innago, which launched in 2017, currently serves more than 2,000 landlords and property managers and tens of thousands of tenants. Innago’s technology streamlines a variety of operations for landlords, from listing properties and screening tenants to online rent collection and maintenance requests.

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Story excerpt provided by Cincy Inno.

Written by Meg Erpenbeck.

Originally published July 29, 2022.

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