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§ Private Profile · New York City, NY, USA
Younity is a technology company.
Younity provides a comprehensive software platform designed to modernize the communication infrastructure within multi-family residential properties. The company specializes in creating integrated, property-wide wireless networks, enabling developers, landlords, and asset managers to elevate their digital offerings. Its approach focuses on delivering seamless, high-speed internet and IoT solutions that transform traditional building connectivity into a managed, reliable service for both property owners and residents.
The company was founded in 2018 by Chen Konfino, who serves as its Chief Executive Officer. Konfino established Younity based on the insight that the burgeoning residential IoT market and evolving tenant expectations demanded a more sophisticated and unified approach to building connectivity than traditionally available. This vision aimed to address the fragmented nature of internet service in multi-tenant environments.
Younity primarily serves property developers, building owners, and asset management firms seeking to enhance their portfolios through advanced digital amenities. The platform aims to improve tenant satisfaction by offering instant, reliable, and flexible internet services, while simultaneously increasing asset value for landlords. Its long-term vision centers on accelerating the digital transformation of residential buildings, making smart living universally accessible and efficient.
Younity has raised $12.0M across 2 funding rounds.
Younity has raised $12.0M in total across 2 funding rounds.
Younity is a technology company that provides a software platform re-imagining building communication infrastructure for modern living, with a focus on seamless WiFi and smart system integration in properties.[1][2] It empowers developers, landlords, and asset managers in their digital transformation by integrating with any property to deliver lightning-fast WiFi, instant onboarding, and proactive services that enhance tenant satisfaction.[1] The platform manages building smart systems at scale, improving performance and occupant experience, while committing to internet net neutrality; it serves landlords, tenants, and property managers in residential and commercial real estate, addressing challenges in connectivity and building management.[1][2][4] Headquartered in New York City with under 25 employees and approximately $5.2 million in revenue, Younity demonstrates growth through partnerships like its selection of FusionLayer for edge cloud wireless scaling.[2]
Younity emerged as a response to the need for advanced building connectivity, with its current iteration centered in New York City as Younity Inc.[2] The leadership includes a Founder & Chief Executive Officer, Vice President of Building Technologies, and Vice President of Technology, though specific names and founding year for this entity are not detailed in available records.[2] Note that an earlier Younity, founded in 2010 in Encinitas, CA, focused on personal file streaming and access across devices but appears distinct or rebranded, as its description emphasizes media sharing without property tech elements.[3] A pivotal moment includes Younity's adoption of FusionLayer's solution to manage and scale edge cloud wireless services in New York City, marking expansion in real estate WiFi infrastructure.[2]
Younity rides the wave of proptech and smart building trends, where digital transformation in real estate demands integrated IoT, WiFi, and communication infrastructure amid rising tenant expectations for seamless living experiences.[1][2] Timing aligns with urbanization and post-pandemic shifts toward managed residential tech, as market forces like multi-family housing growth and edge computing favor scalable platforms over siloed systems.[2][4] By redefining WiFi as a core building service, Younity influences the ecosystem, enabling landlords to compete via tech-enabled amenities and fostering proptech innovation in occupant-centric services.[1]
Younity is positioned for expansion in smart real estate tech, potentially scaling beyond NYC through more edge partnerships and proptech integrations. Trends like AI-driven building management and 5G/edge proliferation will amplify its platform, evolving its role from WiFi provider to full-stack building OS. As proptech matures, Younity could shape neutral, tenant-focused infrastructure standards, building on its mission to empower digital transformation in properties.[1][2]
Younity has raised $12.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in February 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2015 | $8M Series A | Rick Scanlon | Disruptive Technologies Venture Capital, Giza Polish Ventures, Innovation Endeavors, Lifeline Ventures, Pro Founders Capital, Webtalk LTD, YES VC, Anthony Soohoo, TIM Draper, PROfounders Capital | Announced |
| Aug 1, 2013 | $4M Seed | — | Adverb Ventures, BAM Ventures, Bling Capital, Coelius Capital, Colle Capital, CSC Venture Capital, Dawn Capital, DFJ, Kevin Ding, Homebrew, Infinite Capital, Khosla Ventures, Lifeline Ventures, LocalGlobe, MMC Ventures, Norwest Venture Partners, Outlander Labs, Prelude Ventures, Pro Founders Capital, Signia Venture Partners, Target Global, Upside Partnership, YES VC, Andy Rankin, Anshu Sharma, Anthony Soohoo, DON Hutchison, Marc Mccabe, TIM Ferriss, Vishal Makhijani, Brad Jones, Brian LEE, Kamran Pourzanjani, Michael Birch, Crosslink Capital, Draper Associates, Knight & Bishop, Lowercase Capital, PROfounders Capital, Tekton Ventures | Announced |
Younity has raised $12.0M in total across 2 funding rounds.
Younity's investors include Rick Scanlon, Disruptive Technologies Venture Capital, Giza Polish Ventures, Innovation Endeavors, Lifeline Ventures, Pro Founders Capital, Webtalk Ltd, Yes VC, Anthony Soohoo, Tim Draper, PROfounders Capital, Adverb Ventures.