Ohio based property management fintech company raised $44m in Series A funding led by Summit Partners.
“As a property owner, I learned firsthand that requiring renters insurance is ineffective without the ability to manage compliance," said Jay Harkrider, Managing Partner and Co-Founder of Foxen. "At Foxen, we’ve leveraged years of industry experience to build a technology platform that provides a convenient, affordable rental insurance alternative that simultaneously enables properties to achieve 100% compliance, creating a better experience for both residents and landlords. With the backing and resources of Summit Partners and Level Equity, we are poised to accelerate the expansion of this platform with new products that deliver on our vision of improving financial wellness through real estate.”