Funnel Leasing Completes SOC 2 Type 1 Certification

First Renter-Centric Service Provider to Confirm Heightened Security Measures in Multifamily Industry

Funnel Leasing, the renter-centric leasing platform, today announced the company has successfully completed its SOC 2 Type 1 Compliance Certification. The achievement reinforces Funnel’s commitment to ensuring the security of its clients’ (and their customers’) privacy and data and confirms that all system requirements were achieved based on the trust services criteria relevant to the security standards set forth by AICPA.

SOC 2 is an auditing procedure designed to ensure that service organizations can securely manage data to protect the interests and privacy of their clients. The Funnel IT, Finance and Operations teams began working toward enhancing their overall data security policies and on May 1st, the company received the issued report and is officially SOC 2 Type 1 compliant.

“Funnel has always gone the extra mile for its customers, and our approach to security is no different,” said Mike O’Toole, Funnel Leasing Co-founder & CTO. “As the first renter-centric platform in multifamily to complete SOC 2 Type 1 Compliance we hope to raise the standards in our industry and ensure that personal data remains private.”

“Security and protecting the privacy of our residents is of the utmost importance at LMC,” said Margarita Rivera, Vice President, Information Security, Risk & Compliance at LMC, A Lennar Company. “Funnel has taken a crucial step toward raising the security bar with their SOC 2 Type 1 completion and we applaud them for this benchmark in taking care of sensitive data and placing organizational controls in place to practice safeguards for their clients and ultimately our residents.”

As part of the Certification, Funnel implemented incident response plans, formalized and documented policies surrounding security and availability, and had a third party penetration test performed.

Existing Funnel clients will enjoy heightened security and greater protection for their customer data. To learn more about Funnel’s products, including Signal: syndication, Engage: CRM, Convert: online leasing and Amplify: virtual leasing agent, simply request a demo here.

About Funnel Leasing

Funnel's renter-centric solutions revolutionize the antiquated process of finding a home into an enjoyable experience. We believe all renters deserve a seamless, simple and personalized journey. We provide leasing and communication tools that are intuitive and obliterate repetitive tasks -- driving more efficient leasing. Join us as we help leading property management teams create tomorrow's rental experience at funnelleasing.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210729005075/en/