Billee Technologies, Inc. Raises $9.15M Seed Round for AI-Driven Utility Management Platform

Billee Technologies, a Dallas, Texas-based comprehensive utility management platform, has raised $9.15 million in Seed funding. 

The round was led by RET Ventures, with support from other strategic investors.  

RET Ventures is a venture capital firm actively shaping the future of the residential and broader real estate industries by investing in cutting-edge technologies out of its core venture funds and a Housing Impact Fund. RET works in partnership with its base of more than 50 Strategic Investors who own and manage over $600 billion of real estate assets, with a particular focus on multifamily and single-family rental real estate.  

The company will use the funding to expand its research and development team and enhance its AI-driven utility management platform.  

Led by CEO John Hinckley, Billee Technologies is a proptech company that provides a comprehensive SaaS platform for property owners, designed to transform utility billing through smart automation. Using AI and automation, Billee eliminates manual workflows, detects billing errors, ensures compliance, and supports residents in real time. Based in Dallas, Texas, Billee’s mission is to deliver the next generation of utility billing services that positively impact NOI, increase access to data, and create more efficient processes for multifamily real estate operators.

Source