Vero Secures Growth Equity Funding Round and Appoints New CTO
Deal News | May 22, 2025 | Aim Group
New York City-based proptech company Vero has completed a growth equity funding round with participation from investors including Fifth Wall, Sunriver Capital Partners, and Rebuild Capital. Although the financial details have not been disclosed, this strategic capital injection is aimed at fostering Vero's growth and expansion plans. Alongside this financial milestone, Vero announced the appointment of Travis Gibson as Chief Technology Officer (CTO). This executive appointment underscores the company's commitment to strengthening its leadership team as it navigates the competitive proptech landscape.
Sectors
- Proptech
- Venture Capital
Geography
- United States – The activity is centered in New York City, USA, where Vero is headquartered and the funding round has taken place.
Industry
- Proptech – Property technology, or proptech, involves the application of technology to real estate markets. Vero operates within this sector due to its digital solutions for property management.
- Venture Capital – Venture Capital involves financing startups and small businesses with high growth potential. The involvement of Fifth Wall and Sunriver Capital Partners in Vero's growth equity round places this article in this industry category.
Financials
- Undisclosed – The specific financial details of the growth equity round have not been publicly shared.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vero | Target Company | Company | A New York City-based proptech company that provides technology solutions in the real estate industry. |
| Fifth Wall | Investor | Company | A venture capital firm known for investing in technology solutions for the built environment. |
| Sunriver Capital Partners | Investor | Company | A private investment firm that participates in ventures across multiple sectors. |
| Rebuild Capital | Investor | Company | An investment firm involved as a participant in Vero's growth equity round. |
| Travis Gibson | Chief Technology Officer (CTO) | Person | Recently appointed CTO of Vero, responsible for leading the company's technology strategy. |