VerbaFlo Raises $7 Million in Funding Led by Pi Labs
VerbaFlo, a conversational AI platform focused on real estate operators, has secured $7 million in funding led by UK-based Pi Labs, along with participation from Haatch, Navigate Ventures, Old College Capital, and global family offices.
Key Highlights:
- Total funding for the company reaches $9 million.
- VerbaFlo's platform supports communications for over 200,000 residential units across 10 countries.
- The platform enables conversations in over 200 languages.
- VerbaFlo is used by key players in the UK residential and student accommodation sector, including Homes for Students, Moda Living, and Downing.
About VerbaFlo:
Founded in October 2024 by Sayantan Biswas, Abhishek Garg, VP Singh, and Dan Smith, VerbaFlo builds AI agents that automate communication and operational workflows for residential real estate businesses.
What Sets VerbaFlo Apart:
- Handles tasks such as lead qualification, property enquiries, scheduling viewings, tenant onboarding, and maintenance requests.
- Connects directly with property management and CRM systems.
- Centralises communications across email, web chat, WhatsApp, and phone.
Quotes from Key Figures:
“Residential real estate is quite a mature asset class in the western world, especially in Europe, north America, Australia, New Zealand, and Canada. These are our primary markets right now,” – VP Singh, VerbaFlo.
“Our main market is the UK, which is where we started. After that we expanded into mainland Europe, including Ireland, and most recently we launched in the US market,” – VP Singh, VerbaFlo.
“Real estate is one of the largest industries globally, yet much of its revenue still depends on fragmented communication across multiple channels,” – Sayantan Biswas, VerbaFlo.
“The platform's impact is immediate and can deliver operational benefits, including faster leasing, lower operational friction, and improved resident experience,” – Faisal Butt, founder and managing partner at Pi Labs.
Future Plans:
The funding will be used to expand in the US, hire senior talent across product, AI, and engineering teams, and invest in research and development.
About Pi Labs:
UK-based Pi Labs is a leading venture capital firm that invests in innovative technologies, including AI and real estate.
Related News:
Catch all the Technology News News, and Latest News Updates on The Economic Times.