Terry Wang is the Co-Founder and CEO of Cios, a proptech startup that partners with property management companies to automate and manage re-leasing. Previously, Terry led marketing and product teams at multiple venture-backed startups including Welbi and FreightPath.
“I was born in Xi’an, China, and immigrated to Toronto, Canada when I was 4. Since then I’ve been on the move constantly — having lived in Toronto, Ottawa, Winnipeg, Brandon, and now Fargo (thanks to the good folks at gener8tor).“
Cios‘s mission is to empower people to move without obstacles. They believe that people deserve the freedom of mobility, whether they rent or own. They believe that this freedom shouldn’t come at the cost of anyone else, and they believe it doesn’t have to. Cios believes in a world where you can move when you need to move, without going through a lawyer. Today, they are obsessed with making broken leases a thing of the past, by building a win-win platform for property owners, managers, and tenants alike.
Tell us about your company and your mission.
“Our mission is to give people the freedom the move when they need to. We partner with property management companies to bring more flexibility to renters, in a way that also benefits their own bottom line. We fill an important gap when it comes to renter mobility — with the eventual goal of helping 5.5 million (aka 1 out of every 6) renters move without limits.”
What are some wins you are celebrating?
“We launched Cios in the US 6 weeks ago, and have been floored with the response from the market with 3 pilot projects signed and over 750 rental units onboarded since our US launch.”
What is the most important lesson you’ve learned throughout your entrepreneurial journey?
“It’s cliche, but the most important lesson I’ve learned throughout my journey as a founder is to have strong beliefs, weakly held. It’s impossible to succeed in this tough journey without the crazy conviction that you’re right, but you have to have to mental flexibility to accept new facts as they come in, and the courage to challenge your own world views to truly succeed.”
Cios is officially a part of the Fargo-Moorhead founder family. How can our community support you in your next stage of growth?
“I hate to sound like a broken record, but we’re always eager to chat with property management companies and property owners about how Cios can benefit them. Outside of that though, the best way you can help is by bringing awareness to your friends and family who are renting — that there’s a better way to move, and it has a weird Irish name. ”
What are you grateful for today?
“We’re incredibly thankful for the Fargo-Moodhead startup ecosystem — between gener8tor, Emerging Prairie, the EDC and more, we wouldn’t be where we are without the dozens of individuals and organizations that we’ve built our success on.”