About Naborly
Naborly is a company based in Toronto (Canada) founded in 2014 was acquired by SingleKey in October 2022. Naborly has raised $9.37 million across 4 funding rounds from investors including Assurant, SingleKey and Bill Trenchard. Naborly has completed 1 acquisition, including LRANK. Naborly offers products and services including Tenant Screening Report, Rent Collection, and Rent Guarantee. Naborly operates in a competitive market with competitors including Findigs, Snappt, Homeppl, LandlordStation and simpl.rent, among others.
- Headquarter Toronto, Canada
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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Products & Services of Naborly
Naborly offers a comprehensive portfolio of products and services, including Tenant Screening Report, Rent Collection, and Rent Guarantee.
Delivers comprehensive tenant reports with credit and background checks.
Automates rent payments to ensure timely deposits for landlords.
Covers unpaid rent and damages to protect property owners.
Funding Insights of Naborly
Naborly has successfully raised a total of $9.37M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $7.5 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $7.5M
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First Round
First Round
(15 Aug 2015)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Seed - Naborly | Valuation | Bill Trenchard , Chad Byers | |
| Feb, 2018 | Amount | Seed - Naborly | Valuation | Y Combinator |
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| Oct, 2016 | Amount | Seed - Naborly | Valuation | ScaleUP Ventures |
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Investors in Naborly
Naborly has secured backing from 9 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Assurant, SingleKey and Bill Trenchard.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investing, network building, and founder support services.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Third Prime venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage investment in multiple sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by Naborly
Naborly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LRANK.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Tenant screening solutions are offered to property managers and owners.
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2014 |
Financial Statements - Naborly
Naborly Comparisons
Competitors of Naborly
Naborly operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Findigs, Snappt, Homeppl, LandlordStation and simpl.rent, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS tenant screening software is provided for landlords and tenants.
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| domain | founded_year | HQ Location |
AI-based fraud detection in tenant documents for landlords is provided.
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| domain | founded_year | HQ Location |
SaaS-driven tenant screening management solution for owners and rental managers
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| domain | founded_year | HQ Location |
Property Management tools from marketing to tenant management.
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| domain | founded_year | HQ Location |
SaaS-based tenant verification is provided for property owners and managers.
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Frequently Asked Questions about Naborly
Naborly was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Naborly is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Naborly is a funded company, having raised a total of $9.37M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Aug 15, 2015.
Founded in 2014 in Toronto, Canada, Naborly functions as a SaaS platform in the property management sector. Online registration is enabled for owners and managers, who generate screening URLs for prospective tenants. Personal details are submitted by tenants to retrieve credit, criminal, employment, and rental records. Artificial intelligence and machine learning are applied to assess risks of eviction, late payments, and property damage.
Naborly's top competitors include Snappt, Homeppl and Rent Butter.
Naborly offers Tenant Screening Report, Rent Collection, and Rent Guarantee.
Naborly has made 1 acquisition, including LRANK.
Naborly has 9 investors. Key investors include Assurant, SingleKey, Bill Trenchard, Village Global, and Third Prime.