About TurboTenant
TurboTenant is a company based in Fort Collins (United States) founded in 2015.. TurboTenant has raised $10.2 million across 5 funding rounds from investors including LLR Partners, Access Venture Partners and RET Ventures. TurboTenant has completed 2 acquisitions, including Azibo and REI Hub. TurboTenant offers products and services including Rental Advertising, Tenant Screening, Lease Agreements, Rent Collection, and Accounting Software. TurboTenant operates in a competitive market with competitors including Rentberry, Crib, Nomad, SingleKey and Proper, among others.
- Headquarter Fort Collins, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.2 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
LLR Partners
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Azibo
& 1 more
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Products & Services of TurboTenant
TurboTenant offers a comprehensive portfolio of products and services, including Rental Advertising, Tenant Screening, Lease Agreements, Rent Collection, and Accounting Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for posting and syndicating rental listings online
Tools for background checks and income verification
System to create and e-sign state-specific leases
Software for secure online rent payments and autopay
Features for tracking expenses and generating reports
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Funding Insights of TurboTenant
TurboTenant has successfully raised a total of $10.2M across 5 strategic funding rounds. 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - TurboTenant | Valuation | LLR Partners |
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| Jul, 2019 | Amount | Series A - TurboTenant | Valuation | RET Ventures | |
| Jun, 2018 | Amount | Seed - TurboTenant | Valuation | Access Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TurboTenant
TurboTenant has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include LLR Partners, Access Venture Partners and RET Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm investing in technology and healthcare businesses for growth capital.
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Founded Year | Domain | Location | |
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US focused early to expansion stage VC firm
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Founded Year | Domain | Location | |
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Venture capital fund focused on the real estate startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TurboTenant
TurboTenant has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Azibo and REI Hub. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Accounting software is provided for real estate property management.
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2018 | ||||
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Digital banking and rent collection services are provided for landlords.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TurboTenant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Turbotenant Comparisons
Competitors of TurboTenant
TurboTenant 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 Rentberry, Crib, Nomad, SingleKey and Proper, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital platform for worldwide apartment rentals is provided.
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| domain | founded_year | HQ Location |
Provider of all-in-one property management software
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| domain | founded_year | HQ Location |
Digital banking services for individuals are offered by Nomad.
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| domain | founded_year | HQ Location |
Rental property management software is delivered via SaaS for landlords.
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| domain | founded_year | HQ Location |
Rental properties are managed via an online platform for owners.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Turbotenant
Frequently Asked Questions about TurboTenant
When was TurboTenant founded?
TurboTenant was founded in 2015.
Where is TurboTenant located?
TurboTenant is headquartered in Fort Collins, United States. It is registered at Fort Collins, Colorado, United States.
Is TurboTenant a funded company?
TurboTenant is a funded company, having raised a total of $10.2M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Jun 01, 2015.
What does TurboTenant do?
TurboTenant was founded in 2015 in Fort Collins, United States, and operates in the real estate technology sector. Property management software is provided to landlords and managers, enabling online vacancy marketing, tenant applications, screening, background checks, repair scheduling, and rent collection. The platform is offered free to landlords, with fees charged to tenants for services like applications and credit reports.
Who are the top competitors of TurboTenant?
What products or services does TurboTenant offer?
TurboTenant offers Rental Advertising, Tenant Screening, Lease Agreements, Rent Collection, and Accounting Software.
How many acquisitions has TurboTenant made?
Who are TurboTenant's investors?
TurboTenant has 8 investors. Key investors include LLR Partners, Access Venture Partners, RET Ventures, Service Provider Capital, and Michael Beaudoin.
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