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Blanket is a technology company.
Blanket provides a specialized Property Retention & Growth Platform designed specifically for property managers. This comprehensive solution integrates advanced artificial intelligence, automated lead generation, and intuitive communication tools to help property management companies reduce owner churn and expand their portfolios. Its core capabilities include a branded Investor Dashboard for asset management and an Investor Marketplace to generate new leads for owners, buyers, and sellers, connecting seamlessly with existing property management software.
The company was co-founded in 2022 by Lior Abramovich, who serves as CEO, and Sagi Medina, the CTO. Their collaboration stemmed from a shared recognition of the significant growth and retention challenges faced by property managers. Leveraging their combined expertise in real estate, technology, and business development, Abramovich and Medina set out to build a platform that directly addresses the critical need to prevent property managers from losing managed properties.
Property managers utilize Blanket to empower their teams, ensure owner satisfaction, and maintain a robust sales pipeline. The platform enables these businesses to solidify their role as trusted advisors to property owners, fostering loyalty and facilitating organic expansion. Blanket envisions transforming the real estate management industry by providing essential tools that elevate operational efficiency and drive sustainable growth for its clients.
Blanket has raised $5.0M across 2 funding rounds.
Blanket has raised $5.0M in total across 2 funding rounds.
Blanket has raised $5.0M in total across 2 funding rounds.
Blanket's investors include MissionOG, Will Graylin, Slow Ventures, 040 Capital, 645 Ventures, Bennett Siegel, Animo Ventures, Peak State Ventures, Primary Venture Partners, Vera Equity, Andrew Gluck, Reshma Saujani.
Blanket is a technology company specializing in digital operations software designed primarily for multi-unit operators across sectors such as food service and hospitality. Its platform focuses on compliance management, operational efficiency, and team productivity by offering tools like field assessments, task management, communication channels, and reporting systems. Blanket serves businesses that require consistent operational standards and compliance, helping them automate tedious tasks and gain real-time visibility into frontline operations. The company has demonstrated growth momentum by raising $3.23 million in funding and partnering with strategic investors like Branded Strategic Hospitality and Aurify Brands[1][3].
Founded in 2018 and headquartered in New York City, Blanket emerged to address the operational challenges faced by multi-unit businesses, particularly in maintaining compliance and consistent brand standards across locations. While specific founders' backgrounds are not detailed in the available data, the company’s early traction is evident through its adoption by food service operators and its ability to raise capital from hospitality-focused investors. This origin reflects a targeted response to the operational inefficiencies and compliance risks in multi-location enterprises[1].
Blanket rides the growing trend of digital transformation in operations management, particularly within the food service and hospitality industries, where compliance and consistency are critical. The timing is favorable due to increasing regulatory scrutiny and the need for scalable, technology-driven solutions that ensure safety and brand integrity across multiple locations. Market forces such as labor shortages and heightened consumer expectations for quality and safety further drive demand for Blanket’s solutions. By enabling real-time operational visibility and automation, Blanket influences the broader ecosystem by setting new standards for operational excellence and compliance automation[1][3].
Looking ahead, Blanket is well-positioned to expand its footprint by deepening integrations with emerging technologies like IoT sensors for real-time monitoring and AI-driven analytics to predict compliance risks. Trends such as increased regulatory complexity and the push for digital-first operational tools will shape its growth trajectory. As Blanket evolves, it may broaden its sector focus beyond food service into other multi-unit industries requiring stringent compliance, further amplifying its influence on operational technology standards. This trajectory ties back to its core mission of simplifying complex operational challenges through automation and real-time insights[1][3].
Blanket has raised $5.0M across 2 funding rounds. Most recently, it raised $2.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $2.0M Seed | MissionOG, Will Graylin | |
| Jan 1, 2019 | $3.0M Seed | Slow Ventures | 040 Capital, 645 Ventures, Bennett Siegel, Animo Ventures, Peak State Ventures, Primary Venture Partners, Vera Equity, Andrew Gluck, Reshma Saujani, Scott Belsky, Revolution |