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Insight-Backed Inhabit IQ Announces Investment From Goldman Sachs Merchant Banking Division to Accelerate Growth

Goldman Sachs Joins Insight Partners, GSV and PSG in Backing Inhabit IQ’s Commitment to Product Innovation Serving the Property and Vacation Rental Management Industries

Inhabit IQ, a unique collective of tech-forward products serving the residential, commercial and vacation rental management industries, announced the completion of a significant investment by the Goldman Sachs Merchant Banking Division in the Company. Goldman Sachs will join existing investors Insight Partners, Greater Sum Ventures and PSG as institutional shareholders in Inhabit IQ.

The funding will provide additional capital that will enable Inhabit IQ to increase its investment in innovation, accelerate its growth and continue its acquisition strategy. The Company will continue to be led by CEO Lisa Stinnett and the current management team. Terms of the transaction were not disclosed.

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Inhabit IQ delivers best-in-class software solutions and services to the vacation and rental property management industries. The Company’s products provide both standalone and end-to-end software solutions and integrations that empower property managers and transform resident and renter experiences. Inhabit IQ’s brands offer industry-leading customer relationship management systems, lead and channel management, direct-booking websites, trust accounting, billing and payment processing, communication tools, risk mitigation solutions, and other solutions.

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“We’re gratified by Goldman Sachs’ show of confidence and look forward to working with this experienced team to grow our solutions portfolio,” said Lisa Stinnett, Inhabit CEO. “Inhabit continues its track record of strong performance even amid today’s uncertain environment. We believe in the future of the property and vacation management industries and will help these businesses thrive by addressing their critical technology needs.”

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Anthony Arnold, Managing Director at Goldman Sachs, said: “Inhabit IQ is a leader in the fast-growing property management software market, and we have been very impressed with the platform that Lisa and the Inhabit IQ management team have built. We look forward to supporting the management team in the next phase of their evolution.”

Matthew Popper, Managing Director at Goldman Sachs, said: “The real estate sector is still early in its digitization journey and Inhabit IQ provides a unique value proposition to the rental management industry. We look forward to helping deliver the resources of the Goldman Sachs platform, including our deep institutional experience in real estate, to further accelerate the Company’s growth trajectory.”

Ryan Hinkle, Insight Partners Managing Director, said of the announcement: “We are delighted by the powerful position Lisa and her team have built in the property software ecosystem, and we welcome the Goldman team to the next chapters of the journey.”

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