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Zonetail (TSXV:ZONE) signs Firm Capital Property Management

Technology
TSXV:ZONE
14 September 2021 14:45 (EDT)
Zonetail - CEO, Mark Holmes (left).

Source: Zonetail.

Zonetail (ZONE) has signed its first Yardi client, Firm Capital Property Management Corp.

The company will provide its Zonetail Home residential mobile platform to the C$4 billion firm, which oversees 46 buildings representing over 3,000 apartment households.

Zonetail Home connects residents to their building’s amenities and services through their personal mobile devices. Functionality includes maintenance requests, paying rent and push notifications.

Zonetail Home is fully integrated with Yardi Voyager, the largest property management software company in North America.

Zonetail collects revenue from local businesses featured on its platform at a fraction of the cost of direct mail. The company also receives fees for specific merchandise and services purchased through its platforms.

The company is in discussions with several property management corporations across North America to introduce Zonetail Home to their tenants.

Mark Holmes, President and CEO of Zonetail, stated,

“We couldn’t be happier to work with a leading PMC like Firm Capital. Eli and his team are a fantastic group of people that are very excited to adopt the platform for their managers and residents. This agreement in particular is very meaningful for us as it represents two major milestones. Firm Capital is the first apartment property management corporation in the Zonetail portfolio and the first Yardi client to launch with our integrated platform.”

Zonetail is a mobile platform that provides hotels and high-rises with access to building amenities, services and local businesses.

Zonetail (ZONE) is up by 8.33 per cent and is currently trading at $0.065 per share as of 1:28 pm ET.

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