About Propexo
Propexo is a company based in Boston (United States) founded in 2022 by Nickolas Johnson, Ben Keller, and Remen Okoruwa. It operates as a SaaS, and B2B. Propexo has raised $5.03 million across 1 funding round. Propexo offers products and services including Unified API and Developer Tools. Propexo operates in a competitive market with competitors including Vivint, Resideo, SmartRent, IOTAS and Dwelo, among others.
- Headquarter Boston, United States
- Founders Nickolas Johnson, Ben Keller, Remen Okoruwa
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Sectors
TechnologyReal Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Rentdrop, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.03 M (USD)
in 1 rounds
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Latest Funding Round
$5.03 M (USD), Series A
Sep 03, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of Propexo
Propexo offers a comprehensive portfolio of products and services, including Unified API and Developer Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables rapid integration with property management systems.
Provides documentation and webhooks for efficient coding.
Funding Insights of Propexo
Propexo has successfully raised a total of $5.03M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.03 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.0M
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First Round
First Round
(03 Sep 2025)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series A - Propexo | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Propexo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Propexo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Propexo Comparisons
Competitors of Propexo
Propexo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vivint, Resideo, SmartRent, IOTAS and Dwelo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based smart security cameras are manufactured for home use.
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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| domain | founded_year | HQ Location |
Cloud-based smart home management solutions for rentals are provided.
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| domain | founded_year | HQ Location |
Various connected devices are integrated via a smart home hub.
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| domain | founded_year | HQ Location |
Smart apartment management solutions are offered for managers and residents.
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| domain | founded_year | HQ Location |
SaaS-based solution for building management of properties is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Propexo
When was Propexo founded?
Propexo was founded in 2022 and raised its 1st funding round 3 years after it was founded.
Where is Propexo located?
Propexo is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Propexo?
Remen Okoruwa is the current CEO of Propexo. They have also founded this company.
Is Propexo a funded company?
Propexo is a funded company, having raised a total of $5.03M across 1 funding round to date. The company's 1st funding round was a Series A of $5.03M, raised on Sep 03, 2025.
What does Propexo do?
Propexo is a platform that delivers a unified API to facilitate rapid integration with leading property management systems in the Proptech industry. It helps engineering teams reduce implementation time from months to weeks and handles maintenance issues, allowing focus on core innovations. Based in Boston, MA, it serves fast-growing companies by streamlining integrations and enhancing efficiency.
Who are the top competitors of Propexo?
What products or services does Propexo offer?
Propexo offers Unified API and Developer Tools.