Utility Profit
Extra revenue for property managers
- 101-200 employees
- B2C
- B2B
- Enterprise
- Marketplace
- Renting
- Real Estate
- Overlook at Cat Mountain, Austin, TX
Jump to section
Company mission
To let property managers send tenants a single, branded link to set up power, water, internet, and other services before move-in.
Our take
Utility Profit is built around a simple problem: moving is stressful, and setting up utilities is a huge headache. New tenants often have to figure out which companies serve their address, contact multiple providers, and then prove to property managers that everything is switched on. And for property managers, that usually means chasing tenants with emails and phone calls, a bigger stress than it needs to be.
Utility Profit takes that hassle and turns it into one smooth process, by connecting with a property manager's existing software, automatically spotting upcoming move-ins, and sending tenants a branded link where they can set up all their utilities in one place. As tenants complete each step, property managers can see live updates and confirmations in a dashboard. Better still, the service is free for both tenants and property managers.
So, instead of spending hours checking whether utilities are ready, property managers can focus on looking after their properties while the platform quietly handles the admin in the background. As more of the rental experience becomes digital and automated, tools like Utility Profit feel less like a nice extra and more like the kind of software that could become a standard part of every move-in.
Steph
Company Specialist at Welcome to the Jungle
Funding (last 2 of 4 rounds)
Feb 2021
$11m
SERIES A
Aug 2018
$0.8m
SEED
Total funding: $13.3m
This company has top investors
Leadership
Ben Doherty
(Co-Founder & CEO)Previously co-founded Favor where they served as CEO, COO and on the Board.