JEGI LEONIS has advised Foxen on their growth investment from Summit Partners and Level Equity.

Headquartered in Columbus, Ohio, and founded in 2018, Foxen is a leader in the development of innovative and proprietary financial technology for real estate, providing mutually beneficial solutions for the advancement of property owners, managers, and their residents. Through its seamless solution with leading property management software systems, Foxen’s technology enables significant revenue generation for properties and greater financial wellness for residents. Foxen’s proprietary software solution is designed to seamlessly integrate with leading property management systems to provide real time access to property and resident compliance data, with automated enrollment in Foxen’s insurance solution for residents who incur lapsed or cancelled third-party coverage.

This funding comes at a point of strategic inflection for Foxen, as the company seeks to scale its team and operations to support new product growth. Foxen has grown rapidly since its founding in 2018; over the last twelve months, Foxen grew units monitored by more than 240%. This capital provides Foxen an opportunity to expand into a total addressable market of more than 24 million multifamily units in the U.S. alone.