Every renter knows the ritual: sign the lease, get the keys, then lose a week waiting for an internet technician. Younity, founded in 2018 by Chen Konfino, treats that gap as a design flaw worth engineering away.
Younity is a proptech company that builds a software-defined digital infrastructure platform for multifamily and commercial buildings. At its base is property-wide WiFi that can be provisioned instantly, so a tenant is connected the day they move in rather than the week after. On top of that sits a SaaS layer that monitors building performance, secures the network, and acts as an open hub for the growing roster of smart-building devices - locks, meters and sensors included.
The company operates across two cities: a New York headquarters and an engineering base in Tel Aviv. That split is not incidental. It pairs the real-estate market realities of American multifamily housing with deep networking and product engineering - two worlds that rarely sit at the same table.
What Younity sells is less a gadget than a rethink. For decades, building internet has been filed under cost: something a landlord pays for, wires in, and grudgingly maintains. Younity's argument is that connectivity, managed well, can be a line of revenue instead. The company cites figures of up to roughly $6,000 in additional annual income per unit and around $100,000 saved by avoiding upfront wiring.
The premise rests on a number the company repeats often: 93% of tenants demand high-speed internet. If connectivity is now table stakes for a lease, then the building that delivers it instantly - and monetizes it cleanly - has an edge. That is the market Younity is building for.
