CIOREVIEW >> IT Service Management >>

Appointment of Chief Financial Officer Liyan Shen to Bring Expertise to Maximize STRATIS’ Exponential Growth

By CIOReview | Monday, September 7, 2020
Felicite Moorman, CEO and Liyan Shen, CFO

Felicite Moorman, CEO and Liyan Shen, CFO

The latest leadership of Liyan Shen as the Chief Financial Officer at STRATIS will help the company maximize its growth as a global leader.

FREMONT, CA: PropTech industry leader STRATIS continues to reign at the cusp of Multifamily IoT innovations; Liyan Shen joins as the Chief Financial Officer, with ten years of work experience in financial leadership, focused on entrepreneurial, high-growth enterprises.

Shen’s deep expertise is experienced with startups and PE-backed portfolio companies. Her recent experiences include launching an e-commerce startup with strong recurring revenues and growing an innovative educational organization. She joins the STRATIS team at a critical time, where her insight and guidance will be invaluable to scale the business to new levels.

STRATIS’ need to hire for the highest intellectual prowess and an understanding of and ability to provide exceptionally nuanced financial strategies in a dynamic market proved a complex task for its Leadership Team. The company hopes that Liyan will bring all of these capabilities and so much more to STRATIS, including a tremendously strong addition to its culture.

IoT software solutions are poised to grow dramatically as hardware deployment becomes cheaper and widely available, which in turn makes real-time analytics valuable for improving business efficiencies. STRATIS is uniquely-positioned to capitalize much of this growth by monetizing solutions in the multi-family sector. Liyan is super excited about the opportunity to drive the business forward with the existing team.

Shen joins the team on the heels of recent milestones, such as STRATIS winning Inc. Magazine’s prestigious Inc. 5000 list for the 3rd time. This recognizes the country’s fastest-growing private firms and estimated STRATIS’s growth rate as 710.46%. It confirms the company’s position as an industry leader. Additional milestones include STRATIS’ deployment in 1 in 5 new developments in the U.S. The company continues to take benefit of this momentum by forging strategic international collaborations with U.K. specialist Internet Service Provider ASK4, Japanese telecommunications deliverer KDDI, and releasing  STRATIS Sustain for intelligent building resource monitoring.