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Customer Case Study Nutiliti

Can a software-first utility management platform become the operational backbone — and billing layer — for U.S. property managers across residential and commercial real estate?

Founded2020
HQAustin, Texas, USA
Total raised$16.82M
Latest roundLater Stage VC, 2025
IndustryVertical SaaS / Real Estate
The story

Founded in 2020, Nutiliti built a software-based utility management platform targeting landlords and property management companies. The company handles utility activations, billing, tenant billback, and expense management for commercial real estate clients. By 2025, Nutiliti had raised over $16M to scale into residential segments and expanded its platform to include REST API integrations and accounting reconciliation. Its embedded finance angle centers on automating tenant billing and payment workflows — replacing manual utility management with a fintech-enabled platform.

Last 12 months
2025-07
Product timeline
2020
Nutiliti founded in Austin, Texas as a utility management software platform for property managers.· pivot
2025
Raised $10.5M Later Stage VC round to scale utility management services for single-family, multifamily, and commercial operators across the U.S.· banking
The stack
Accounting gap: significant