ATLANTA, GA. – Rainmaker, the leading provider of revenue management solutions to the multifamily housing market, announced today it has acquired SlopeJet, LLC the leading provider of leasing performance management solutions to further improve its clients revenue and NOI.
SlopeJet, founded in 2011 by former AIMCO executives and headquartered in Boulder, Col., provides its leasing performance management solution to help property owners and operators measure and improve the effectiveness of advertising, call centers and leasing processes, at both the property and portfolio level.
Amar Duggasani, chief strategy officer for Rainmaker, said “With the SlopeJet acquisition, Rainmaker further delivers on its commitment to be the partner of choice who enables its clients to more effectively perform demand generation, demand management, and demand optimization. The resulting impact is improvement in overall revenue performance and NOI.”
SlopeJet’s leasing performance management solutions and Rainmaker LRO now form the apartment industry’s most powerful and comprehensive leasing platform to grow revenue while solving critical customer business issues and providing actionable business intelligence across the leasing process.
SlopeJet is guided by a leadership team consisting of CEO and co-founder Craig Zeutzius and CTO and co-founder Nikhil Venkatesh. “We are excited to have two more innovative industry leaders join the Rainmaker team to help us continue solving the problems that matter to our customers” said Tammy Farley, president of Rainmaker.
“We’re excited to be part of the Rainmaker organization and look forward to combining the strength of SlopeJet lead management solutions with LRO, the recognized leader in multifamily revenue optimization,” said Zeutzius. “The solution combination will allow revenue managers to make more responsive pricing decisions by providing a reliable view into demand by floor plan while also fostering collaboration between revenue management, marketing, and operations to improve critical customer issues limiting revenue growth.”
About Rainmaker: Rainmaker is the market leader in profit optimization solutions for the Multifamily Housing, Hospitality and Gaming industries. Rainmaker software, coupled with professional business consulting services, enables multifamily housing operators to maximize revenue from apartment leases and helps operators of hotels and casino hotels secure the most valuable customers to increase their profitability. An innovator and thought leader in the highly specialized revenue optimization field, Rainmaker leverages cutting-edge research to bring customers the most sophisticated systems and help them achieve the highest profitability from their assets. Multifamily housing clients include leaders such as AvalonBay Communities, Equity Residential, Gables Residential, Post Properties, MAA and more. Gaming & Hospitality clients include leading organizations such as Caesars Entertainment, Kerzner International, MGM Resorts International, Omni Hotels & Resorts, Wynn Las Vegas and many others. A Microsoft Silver Certified Partner headquartered in northern Atlanta, Ga., Rainmaker has for four years running ranked on the Inc. 5,000 list among America’s top fastest-growing, privately held companies. For more information, visit www.LetItRain.com.
About SlopeJet: Founded in 2011 by former senior executives of AIMCO, one of the largest multifamily apartment owner/operators in the country, SlopeJet started with the insight that the ability to actively monitor, analyze and manage leasing performance is key to long-term revenue and NOI growth for apartment communities. SlopeJet’s mission is to improve leasing performance, grow revenue and increase NOI. SlopeJet provides apartment managers a highly analytical approach to optimizing leasing performance that is incredibly easy to use and immensely valuable. For more information, visit www.SlopeJet.com