Renew

New York, New York, USA · ≈20 employees · heyrenew.com

Renew is an AI-powered retention platform designed for the rental housing industry, catering to both multifamily and single-family property operators. Founded in 2021 by Rob Hayden and Kevin Murphy, the company aims to streamline the resident renewal process, turning it into a strategic advantage for property managers. Renew's platform automates the entire renewal lifecycle, helping operators enhance Net Operating Income (NOI) and improve overall performance. The core offering includes an intelligent retention platform that automates renewal offers, manages communication, and provides data analytics for informed decision-making. Additionally, the Renew Marketplace helps retain residents by offering seamless options within the operator's portfolio, while Renew AI Solutions utilize predictive analytics to optimize renewal strategies. The user-friendly Resident Portal allows residents to easily manage their housing needs. Renew's innovative approach has attracted significant funding and has been successfully implemented by notable property management companies, demonstrating its effectiveness in reducing turnover and enhancing operational efficiency.