Faireez Debuts with $7.5M to Revolutionize Housekeeping for Rentals with AI
Deal News | Mar 06, 2025 | Hetz Ventures Management Ltd
Faireez, a New York-based startup founded in 2023, has emerged from stealth with $7.5 million in seed funding aimed at bringing upscale hotel-style housekeeping services to multifamily buildings. The company provides a subscription-based cleaning service that assigns a dedicated 'fairy', or housekeeper, to residents for consistent and personalized care. Their innovative model allows residents to book cleaning services via an app based on specific tasks rather than time, integrating AI and dynamic pricing to optimize the service. Faireez, which collaborates with major property management firms, aims to utilize AI technologies for quality assurance and intends to expand across the U.S., with targeted growth to a million units by 2030. The seed round was led by Aristagora VC, alongside several other venture partners, marking a strong endorsement for Faireez's vision of disrupting the traditional housekeeping industry.
Sectors
- Technology
- Real Estate
- Venture Capital
- Hospitality
Geography
- United States – Faireez is based in New York and currently operates in four states with plans to expand further across the U.S.
- Israel – The founders previously launched a company in Israel and have connections to Israeli venture capitalists.
Industry
- Technology – The article focuses on a tech-driven platform integrating AI to transform the housekeeping service in the real estate industry.
- Real Estate – The article involves property management companies, suggesting an impact on the real estate sector through enhanced residential amenities.
- Venture Capital – The article discusses a seed funding round led by multiple venture capital firms investing in the startup Faireez.
- Hospitality – Faireez aims to bring hotel-style housekeeping services to multifamily residences, drawing from the hospitality sector's influence.
Financials
- $7.5M – Seed funding amount raised by Faireez to develop AI-powered hotel-style housekeeping services for rentals.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Faireez | Target Company | Company | A startup providing AI-powered housekeeping services for multifamily properties. |
| Hetz Ventures | Investor | Company | A venture capital firm participating in the seed funding round for Faireez. |
| Aristagora VC | Lead Investor | Company | The lead venture capital firm for the Faireez seed funding round. |
| Omer Agiv | Co-founder and CEO | Person | Co-founder and CEO of Faireez, involved in developing and leading the company. |
| Ori Fingerer | Co-founder and Chief Business Development Officer | Person | Co-founder of Faireez, responsible for business development. |
| Silverstein Properties | Property Management Partner | Company | One of the property management companies partnered with Faireez. |
| Charney Companies | Property Management Partner | Company | Collaborates with Faireez to offer housekeeping services as a residential amenity. |
| First Service Residential | Property Management Partner | Company | Partners with Faireez to include housekeeping services. |
| Ironstate Development | Property Management Partner | Company | Involved in distributing Faireez services among its managed properties. |
| BNE Real Estate Group | Property Management Partner | Company | Part of the network of property management firms employing Faireez's services. |