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MyTower Offers New Property Management Tech

MyTower

MyTower Team (Photo MyTower )

MyTower, an Israeli startup that offers a property intelligence management platform to connect and enhance property and service management, raised $4 million in a round led by The New Elad Residence and JTLV Capital.

Founded in 2014 by CEO Pini Shemesh, Meiri Shemesh and COO Yuval Shahak, MYTOWER develops SaaS and IoT solutions which the company says provide value to all stakeholders in the real-estate world, from FM companies to real-estate developers and of course, the tenants.

The company line of products includes:

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MYTOWER for FM – MY TOWER property management software provides facility managers with an easy-to-use, cross-platform interface, where they can manage their day-to-day operations, screen and control vendors, collect tenants’ payments online, manage accounting and budget and proactively deal with maintenance works. The package includes a customized mobile app for tenants in which they can file complaints and requests to their building manager, book amenities, such as spa and gym, control their package deliveries and guest list and enjoy an internal social network for their building/neighborhood. In order to provide a full experience, which reflects the MY TOWER resident-centric approach, we offer more than 20 concierge on- demand services at discounted prices, ranging from housekeeping and carwash to room-service and take away from nearby restaurants.

MYTOWER Lite – A self-serve SaaS solution for condominiums and HOA. Every condominium board or HOA can enroll his building in less than 5 minutes, allowing them to collect Fees and pay vendors digitally, keep track of maintenance work and send instant updates to all tenants through MY TOWER’s mobile app.

“We are also highly involved in building and connecting future neighborhoods, from planning the tech stack to serving the largest and smartest neighborhood in Tel Aviv – Gindi TLV, located in the high-tech district of Tel Aviv,” said MyTower Co-Founder and CEO Pini Shemesh. “The proptech industry does not only enable the connection of all factors, but also the utilization of a lot of unused data and the possibility of scaled processes such as portfolio management or sales. It also enables the use of innovative technologies such as digital currencies and Web3, which means that it will give way for future technologies and solutions that have not yet been developed.”

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