Protech startup Stake closed a $12 million series A funding round. The company offers cash back to renters, creating incentive programs that it claims provide more efficient and effective operations to owners and operators.

Leading the round was RET Ventures, choosing Stake as its first investment for its RET Ventures ESG Fund. Also involved were Enterprise Community Partners, which, since 1982, has helped create or preserve 873,000 homes; Hometeam Ventures; Operator Stack; and Second Century Ventures, the investment arm of the National Association of Realtors. Existing investors Shadow Ventures and Olive Tree Ventures also participated in the round.


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