VERO

VERO

Real Estate

New York, NY 3,406 followers

Leasing for the Future. Confidence for Today.

About us

VERO offers a game-changing technology that eliminates application fraud and automates residential applicant screening and leasing. The platform enables lead to lease in less than 1 day, delivering renters, owners, and operators with unprecedented efficiency. VERO's patent-pending technology verifies critical applicant metrics which results in a quick leasing decision, VERO's modern leasing infrastructure helps customers track and close more deals for more income with less headache. VERO’s success is predicated on its ability to use powerful financial technology to transform the antiquated – and historically painful — apartment leasing process into a frictionless experience that is as efficient and mobile-friendly as online shopping. The company’s diverse team of engineers, designers and real estate experts have combined operational real estate expertise with next-generation technology to develop a platform that brings peace of mind to renters and increases rental income for owners and operators. By implementing VERO’s advanced financial technology, landlords, property management firms and brokers are able to provide a truly mobile solution for submitting an application and signing a lease, while reducing the amount of time it takes to turn a lead into a renter by more than 99 percent relative to the market leader.

Industry
Real Estate
Company size
11-50 employees
Headquarters
New York, NY
Type
Privately Held
Founded
2018
Specialties
multifamily, residential, leasing, residential leasing, new york city real estate, rent regulationsr, rent control, fintech, financial technology, real estate technology, RE Tech, proptech, leasing software, SaaS, new york city, new york city real estate, nyc real estate, startups, venture capital, underwriting, renter screening, and risk mitigation

Locations

Employees at VERO

Updates

  • View organization page for VERO, graphic

    3,406 followers

    🎉 New Partnership Announcement! 🎉 We are incredibly honored and excited to announce that GoldOller Real Estate Investments has selected VERO as their trusted partner after a rigorous RFP process and pilot program! This collaboration is already making waves: - Enhanced fraud prevention, providing unmatched security and peace of mind - Reduced delinquency rates among new residents A heartfelt thank you to the outstanding GoldOller team for their commitment to innovation and excellence. Your trust in VERO to safeguard and enhance your communities means the world to us. A special shout-out to our amazing VERO team—Keith Soura, Conner Key, Carson Milner, and Elijah Householder—for their dedication and responsiveness during the pilot phase. Hard work truly pays off! We look forward to a future filled with shared success and stronger, safer communities. Here's to achieving even greater milestones together! #FraudPrevention #VERO #GoldOller

    View organization page for GoldOller Real Estate Investments, graphic

    5,242 followers

    Elevating Our Gold Standard with VERO We are proud to announce the official partnership between GoldOller and VERO, following several months of a rigorous pilot program. This collaboration has already yielded results, including reduced delinquency rates among new residents at our pilot properties. Our enhanced fraud prevention capabilities have provided us with security and peace of mind, allowing us to protect our communities more effectively than ever before. A special shout-out goes to the outstanding VERO team (Keith Soura, Conner Key, Carson Milner, Elijah Householder) for their unwavering dedication and responsiveness during the pilot phase. Their ability to incorporate our feedback swiftly and efficiently has been instrumental in ensuring we knew we found a true partner. We look forward to continuing this partnership and accomplishing even greater milestones together. Here's to creating stronger, safer, and more successful GoldOller communities! #GoldOller #Partnership #VERO #Innovation #CommunityFirst #FraudPrevention #ResidentSuccess

  • View organization page for VERO, graphic

    3,406 followers

    It's Officially a (Half-Year) Wrap! 😎 2024 has been transformative for multifamily housing, marked by: 📈 Key Stats: - 422k+ Evictions Filed (+11% since 2022) - 52% Leasing Team Turnover (+19% from 2023) - 6.6M Unemployment Claims (+4% since 2023) 🏢 Industry Trends: - Centralization: Enhances resident experience and reduces overhead. - Apartment Supply Surge: Highest completions since 1987. - AI Integration: 92% of leaders investing in automation. 🌟 VERO's Impact: Our partnership with Camden Property Trust highlights how VERO is tackling application fraud and streamlining leasing processes to maximize great leasing decisions. #PropTech #LeasingInnovation #AI #2024HousingMarket #VEROSuccess

  • View organization page for VERO, graphic

    3,406 followers

    🎆🇺🇸 Happy 4th of July from VERO! 🇺🇸🎆 While you're out there celebrating freedom, grilling burgers, and watching fireworks, remember: we’re here making sure your next resident is as reliable as your mom’s apple pie recipe. 🏠🍔 Because nothing says "liberty" like stress-free property management! 🏡✨ Enjoy the fireworks, and leave the applicant screening to us! 🎉🥳

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  • View organization page for VERO, graphic

    3,406 followers

    Got plans this June? We do! 🎉 The #VERO Team is thrilled to be heading to the City of Brotherly Love for #Apartmentalize2024, hosted by the National Apartment Association (Naahq)! Swing by booth #225 and dive into the future of screening and leasing platforms. Get ready to transform #multifamilyhousing with us! Don't miss out—see you in Philly! 🏙✨   #NAA #RealEstate #PropTech #Apartmentalize2024 #Conference #Innovation #FraudPrevention Lou, Keith, Carson, Kevin, Julia, Reilly, Conner, Andrew

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  • View organization page for VERO, graphic

    3,406 followers

    Shout out to our amazing partners at Fifth Wall for bringing the application fraud issue and our AI-driven solutions to the forefront of the conversation with this short. Much more to come soon!

    View organization page for Fifth Wall, graphic

    45,123 followers

    Over 70% of major apartment owners have seen a rise in applicant fraud in the past year, where would-be renters use fake documents to be accepted into buildings. It can take a long time to get a non-paying or disruptive tenant out of their apartment, so it's important for owners to stop fraud at the source. Technology like Fifth Wall portfolio company VERO could help stop fraud. 🎥 Video featuring Fifth Wall Investor Philip Chen 📚 Survey by the National Multifamily Housing Council and National Apartment Association (Naahq): https://lnkd.in/gsM2Rz7Y #realestate #multifamily

  • View organization page for VERO, graphic

    3,406 followers

    Our Founder and CEO, Lou, spoke with USA TODAY about leasing fraud and why VERO exists to solve it. The impact of the problem extends well beyond a corporate bottom line. It hurts residents and their communities.

  • View organization page for VERO, graphic

    3,406 followers

    Lights, Camera, VERO 🎬 We're proud to spotlight a powerful testament to our successful partnership with Camden Property Trust (NYSE: CPT), one of the nation's premier residential rental operators, represented by the amazing Linda Willey. 🎥 Together, we've produced an enlightening video, thanks to our partners at Fifth Wall, where we delve into how VERO is tackling one of the industry's biggest challenges: application fraud. Our cutting-edge technology not only simplifies the leasing process but significantly enhances security, ensuring that application fraud is no longer a concern for property managers. At VERO, our commitment to our customers goes beyond service delivery; it's about creating a secure, trustworthy environment for property managers and applicants alike. This collaboration with Camden showcases our dedication to transforming the rental landscape by providing a reliable and efficient application process. Check out the video on Fifth Wall’s social media channels to discover how our efforts are reshaping leasing experiences everywhere. 🔗 https://lnkd.in/eZgiTZcE #VERO #ApplicationIntegrity #Camden #FifthWall #PropTech #NoMoreFraud

    View organization page for Fifth Wall, graphic

    45,123 followers

    Camden Property Trust was experiencing an applicant leasing fraud problem. VERO offers an innovative management platform that offers a transparent picture into applicants to streamline their application process and reduce fraud. Fifth Wall introduced Camden and VERO at an event connecting our strategic investors with our portfolio companies, and they went from pilot program to partners. 🎥 Featuring VERO's Founder and CEO Lou Baugier and Camden's VP, Business Services Linda Willey #proptech #realestate

  • View organization page for VERO, graphic

    3,406 followers

    🚀 Exciting Insight from VERO's CTO! 🚀 In our latest 1-minute video, Keith Soura dives deep into how our groundbreaking platform puts the power directly in the hands of the consumer. Unlike traditional leasing processes, VERO ensures that applicants control their data throughout their application journey. 🛡️💡 This pivotal shift not only enhances security but also empowers renters, making our leasing process more trustworthy and transparent than ever before. With VERO, bid farewell to the opaque and cumbersome procedures of the past and welcome a new era where trust and efficiency reign supreme. 🔍 Why does this matter? In a landscape filled with data breaches and privacy concerns, VERO stands out by ensuring that personal information is in the safest hands – the consumers' own. This consumer-driven approach not only elevates trust but also streamlines the leasing experience, setting a new industry standard for privacy and reliability. ✨ Dive into the future of leasing with us and discover why VERO is the trusted choice for renters and landlords alike. Watch the video to learn more about our commitment to security and user empowerment. #VERO #InnovationInLeasing #DataPrivacy #ConsumerDriven #AI

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Funding

VERO 4 total rounds

Last Round

Series B

US$ 9.0M

Investors

Fifth Wall
See more info on crunchbase