Contact: Sarah Seagraves
i2E Vice President for Marketing
(405) 813-2403 or email sseagraves@i2E.org
OKLAHOMA CITY — The i2E-managed Oklahoma Seed Capital Fund recently closed a $150,000 investment in Tulsa-based ReTenant, part of a $300,000 funding round that also included $25,000 from the i2E-managed SeedStep Angels and angel investors from out of state.
ReTenant developed and markets a white-labeled smartphone app that allows apartment complex managers to connect with tenants through a variety of news feeds and direct messaging features. The application also tracks service requests and has a tenant feedback feature, as well as a click-to-call function that can route calls to apartment staff.
“This round of funding guarantees that ReTenant can develop a sales strategy both in and outside of Oklahoma and continue to develop our unique and unmatched white label app,” said Rania Nasreddine, ReTenant’s chief executive officer.
The Oklahoma Seed Capital Fund is a state-appropriated investment fund through the Oklahoma Center for the Advancement of Science and Technology (OCAST) that provides concept, seed and start-up equity investments to the state’s innovative businesses. Since it was launched in 2008, the Seed Capital Fund has invested in 16 Oklahoma-based startup companies.
The SeedStep Angels group was founded by i2E in 2009 and now has chapters in Oklahoma City, Tulsa, Ardmore and Muskogee. Investments by SeedStep Angels members now total more than $4 million since the group was founded.
About ReTenant: Founded in 2013, ReTenant is a white label mobile platform built specifically for adoption by apartment complexes. ReTenant makes it possible for apartment communities to deploy their own native Apple and Android apps for use by management and residents. The company was in the first class of the i2E Immersion Program launched in 2013.
About i2E, Inc.: With offices in Oklahoma City and Tulsa, OK, i2E’s nationally recognized services include business expertise and funding for Oklahoma’s emerging small businesses.