Amid the early stages of the COVID-19 pandemic, proptech startup Sugar Living emerged to help enhance the at-home quarantine experience for everyone stuck indoors. Now, over a year later, the Los Angeles-born company is expanding that mission to further connect people in their residential communities through technology.

This week, Sugar announced the raise of a $2.5 million seed funding round as it strives to transform apartment buildings into interactive communities with its visionary technology. The round gathered funds from strategic investors across property tech, community and innovation — including MetaProp, Agya Ventures, Concrete Rose, Debut Capital, The Community Fund, Consonance Capital, Lightspeed Scout Fund, and entrepreneur Jason Calacanis’ LAUNCH syndicate. PropTech angels investors who participated in the round also include Wasserstrum and Diran Otegbade, Oleksiy Ignatyev, and Zillow board member Claire Cormier Thielke.

According to Sugar founder Fatima Dicko, the new funding will primarily be used to “grow both our engineering and sales teams so that we can continue building a world-class product while introducing Sugar to more properties [across] the country.” The company’s current focus now is honing in on multi-family residential properties based in the U.S.

Sugar

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