Dallas: NoiseAware, the leader in smart noise monitoring, announced it has raised $8 million in Series A funding led by S3 Ventures and Thayer Ventures (NASDAQ: TVACU). The investment positions the company, which has monitored over one million stays, to accelerate product innovation and market expansion.
NoiseAware’s market maker position is strengthened with a world-class investment team that balances travel and lodging expertise, first-rate SaaS experience, and a strategic industry network. New board members include Eric Engineer from S3 Ventures, the largest venture capital firm focused on Texas, and Jeff Jackson from Thayer Ventures, adding NoiseAware to its impressive portfolio of travel-focused companies. Stephanie Fuhrman, founder of Catalyst Innovation Lab and former Head of Innovation at Greystar, also joins the board to add a wealth of experience in multifamily providers and prop-tech. The new board members bolster an impressive group of advisors including long-time NoiseAware investor and board member Tom Hale, vacation rental industry veteran who led HomeAway® in product and operations through the company’s IPO and acquisition by Expedia Group.
With the funding, NoiseAware will build on its foundation in the short-term rental industry, fostering new partnerships, launching internationally, and leading the way in smart noise monitoring in the growing sector of multifamily communities.
“I am incredibly proud of our team’s steadfast focus on our customers’ needs that has empowered the company to grow from a simple invention into something that both assures our customers’ homes are protected and saves them money,” said Andrew Schulz, NoiseAware CEO. “We are looking forward to leveraging knowledge from our new partners to help even more people concentrate on their business operation with the peace of mind that NoiseAware is keeping their investment secure.”