Marcus Moufarrige’s company Ility, which produces software to help landlords and employers manage their interactions with increasingly hybrid workforces, is about to close a $3 million funding round.
Former Macquarie real estate head Chris Green’s GreenPoint Partners, which earlier backed the start-up, has invested in the series A round for the business Mr Moufarrige founded in 2019, and which the former Servcorp chief operating officer hopes will expand to a $5 million-plus recurring revenue over the next 12 months.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
