Hemlane Raises $2.5M in Seed Funding

Hemlane, a San Francisco, CA-based modern property management solution that combines technology with local agents, closed a $2.5m seed financing round.  The round was led by Prudence Holdings, with participation from Aglaé Ventures, Stanford-StartX Fund and several technology entrepreneurs including Thumbtack Founder Marco Zappacosta and Vouch Insurance Founder Sam Hodges. The company intends to use the funds to continue to expand operations and its business reach. Founded by Dana Dunford and Frank Liu, Hemlane provides an all-in-one rental management solution. It offers two packages, a software only and a software plus service package. The software automates all administrative tasks, including advertising rentals to the top 30 listing websites, scheduling property showings, performing tenant screening, completing leases, collecting rent, initiating automatic late fees, and coordinating maintenance requests.