AppWork, a property technology platform based in Ramsey, announced on Mar. 13 that it has raised approximately $7 million in new financing. The company said the funds will be used to accelerate artificial intelligence initiatives and product innovation, with the goal of enhancing its proprietary software for multifamily technicians and improving work order efficiency.
The investment round was led by Resolve Growth Partners, a growth equity firm focused on scaling vertical software-as-a-service companies. This follows AppWork’s previous $13 million Series A funding in 2025 and comes after what the company described as a breakout year with more than 200 percent growth.
Multifamily owners and operators across the country are facing increased service demand and ongoing technician shortages, making timely maintenance a key factor in lease renewals and asset value. AppWork aims to address these challenges by providing tools designed to increase operational visibility and speed up resolution times for property teams.
“This continued investment is a strong validation of the impact we’re delivering for owners and operators,” said Sean Landsberg, Co-founder and CEO of AppWork. “Our proven platform has helped property owners and operators to reduce maintenance bottlenecks and improve operational accountability, factors that play a pivotal role in elevating the resident experience. With this capital, our team is accelerating our roadmap to drive even greater efficiency across multifamily portfolios nationwide.”
Rocco Natalicchio, Principal at Resolve Growth Partners, said: “We’re excited to be an expanded part of AppWork’s journey as they continue to transform the multifamily industry. From day one, the team has been relentlessly focused on solving real problems for maintenance teams, and their pace of innovation continues to set them apart. We believe AppWork is becoming the standard for multifamily maintenance operations, and we’re proud to support their next phase of growth.”
Since launching in 2022, AppWork’s mobile-first platform has gained adoption among NMHC Top 50 operators as well as mid-market owners seeking technology solutions for modernizing maintenance operations.
