Citing “professional and personal reasons,” Inhabi co-founders Jameel Farruk and David Friedman will take a step back from the management of their landlord and renter matchmaking service, Farruk told Technically Philly last week.
The team is looking for a strategic partnership in the real estate industry or additional team members to steer the company, which launched at Philly Tech Meetup nearly a year ago, since Farruk and Friedman can no longer work full time on it.
The co-founders have ideas about how to pivot Inhabi‘s business model, Farruk says, but since they funded the company all on their own, they don’t have the time or resources to implement those plans.
Farruk says he hopes Inhabi can find local partners to push the business forward.-30-
Money Moves: These 5 Philly-area companies just raised millions in VC funding
DC-based Black Girl Ventures is launching a chapter in Philadelphia
A women-focused sports newsletter startup is launching its first US edition in Philly
7 biz resources we learned about at Super Meetup Philly 2019
Data analytics startup Crossbeam just raised a $12.5M series A
Haircare startup NaturAll Club is getting ‘a blank canvas’ in Bok building
NeuroFlow is teaming up with a genetic testing biz to advance its mental health platform
Paid family leave adds to the perks at Chariot Solutions
Sign-up for daily news updates from Technical.ly Philadelphia