Company Overview
Snapshot
Founded in July 2015 by Pini Shemesh, Meiri Shemesh, and Yuval Shahak, My Tower operates with 11–50 employees. The company has raised $4 million across two funding rounds from eight investors. In December 2022, My Tower secured a funding round from lead investor.
Business overview
My Tower provides a platform designed to enhance communication and management within residential communities, including apartment buildings and condominiums. The company's core technology streamlines operations for property managers and keeps residents informed and engaged. Its offerings include community engagement features, maintenance request submission, event management tools, and secure payment processing for rent or association fees. My Tower serves the real estate and construction industries, operating within the business software sector, with a focus on proptech and mobile applications.
Strategic signal
In December 2022, My Tower successfully raised $4 million, a significant capital infusion that signals strong investor confidence in its property intelligence management platform. This funding, led by The New Elad Israel Residence, is earmarked for expanding the platform, indicating a strategic focus on growth and market penetration within the proptech sector. For investors, this suggests My Tower is well-positioned to scale its operations and enhance its technological offerings in a competitive market.
Log in to access full profile ›Company Intelligence Q&A
- When was My Tower founded?
- My Tower was founded in July 2015.
- Who are the founders of My Tower?
- My Tower was founded by Pini Shemesh, Meiri Shemesh, and Yuval Shahak.
- What was a key funding event for My Tower?
- In December 2022, My Tower raised $4 million in a funding round led by.
- What is My Tower's primary focus in the market?
- My Tower focuses on providing a property and facility management platform that supports communication and management within residential communities, streamlining operations for property managers and engaging residents.
- What is My Tower's total funding to date?
- My Tower has raised a total of $4 million across two funding rounds.