Ramsey-based AppWork, a property technology platform helping multifamily owners and operators eliminate maintenance backlogs and improve resident satisfaction, announced the successful raise of approximately $7 million in new financing. The new capital will be used to accelerate AI initiatives and product innovation, enhancing the firm’s proprietary software to better support multifamily technicians and improve work order efficiency.
Led by Resolve Growth Partners, a growth equity firm focused on investing in and scaling leading vertical SaaS companies, investors are doubling down following a landmark $13M Series A in 2025, reflecting a strong commitment in multifamily maintenance solutions after a breakout year with more than 200% growth.
As multifamily owners and operators nationwide face rising service demand and persistent technician shortages, delivering timely and effective maintenance has become a key measure of success now directly influencing lease renewals and driving overall asset value. AppWork addresses these pressures by equipping property teams with purpose-built tools designed to increase operational visibility and accelerate resolution times.
“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.”
“We’re excited to be an expanded part of AppWork’s journey as they continue to transform the multifamily industry,” added Rocco Natalicchio, Principal at Resolve. “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.”
The new funding will support:
AppWork’s intuitive, mobile-first platform enables property managers, owners, and maintenance teams to streamline operations, boost resident satisfaction, and protect NOI by automating the full maintenance lifecycle. Since its 2022 launch, the platform has rapidly gained adoption across the multifamily sector, including NMHC Top 50 operators and leading mid-market owners and managers seeking purpose-built technology to modernize and optimize maintenance operations.
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