Business Description
Foliolens, Inc is a “PropTech” company that was founded in May 2021 by Daniel Godbout (CEO) and Vincent Samuel (CTO). Coming from the tech industry and being real estate investors themselves, they experienced numerous pain points firsthand and a lack of innovative solutions.Now they’re disrupting the real estate investing and property management space with a new digital tools and capabilities platform that the real estate industry has desperately needed.
Foliolens provides a cloud-based mobile property management application for real estate investors to decrease their overhead and expand their portfolio by streamlining and automating the processes that make property management stressful and expensive.
As a property management solution, Foliolens is primarily made for landlords, property managers, and real estate investors. Its tools are also attractive to bookkeepers and office assistants as it streamlines communication and helps avoid a messy tax season.
The primary differentiator is data entry. Multi-industry investors are accustomed to a digital marketplace, whereas much of the real estate industry requires actual paperwork. Foliolens is solving this pain point through their document-capture and recognition technology, which allows users to quickly input data for any properties within their portfolio without manually typing each detail.
One-click data entry, document organizing, intelligent alerts, automatic reminders, seamless online rent collections, tax prep support, personalized tenant/landlord portals, and a bird's eye view of your rental portfolio right from your phone.
You can capture, upload, or email any real estate document and let Foliolens match it to the correct property. Foliolens will organize and populate the data for your portfolio and automatically present trend reports and alerts for taxes, rent payments, and maintenance. Stay relevant and secure by digitally collecting rent and sharing documents.
Foliolens currently offers three subscription tiers:
Rental Property Owner Subscription:
It is designed for the individual real rental owner who wants a better way to manage their portfolio while outsourcing property management and has up to ten properties. This free tier offers enhanced document filing and management features with built-in automation to help owners stay organized with minimal effort. Automatic data entry, report building, alerts, and reminders are created based on the uploaded documents.
Landlord Plus Subscription:
Intended for real estate investors and owners with more than 10 units or are self-managing at least some of their properties and interfacing with tenants. This subscription tier includes all the rental owner tier features, extends automation capabilities, and adds a seamless online rent collection experience as well as a personalized web-based tenant portal.
Property Manager Pro Subscription:
Built for real estate professionals who are managing properties for other rental owners and investors as a business, this tier unlocks a personalized owner portal and owner statements in addition to all features in the Landlord and Rental Owner tiers. In addition, this tier extends automation for some of the owner management features and property managers can include collaborator roles at no additional cost to distribute responsibilities.
Foliolens is currently in development and expected to launch their MVP at the beginning of next year, but they are welcoming early adopters through their beta program which you can visit at https://foliolens.com
