TurboTenant raises $6.5 million to support multifamily housing

Funding Rounds

▤ Summary

In funding led by Real Estate Technology Ventures, TurboTenant has raised $6.5 million in an effort to expand its marketing and development teams, and to fuel customer growth and product innovation. We look forward to making the rental process easier for millions of landlords and renters by creating new and innovative features with this round of funding. " RET Ventures has previously invested in SmartRent, a smart home automation platform for property managers, renters and multifamily companies. Smart home automation was created to benefit landlords and renters, from digitizing locks to monitoring water leaks, carbon monoxide levels or fire. “TurboTenant caught our attention because of its uniquely powerful software for independent landlords and tenants,” said RET Ventures Managing Director John Helm.

$ Funding

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Amount $6.5M Total raised
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Date July 18, 2019 Announcement date
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Investors Access Venture Partners Lead investors
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Company http://www.turbotenant.com Funded company

▥ Classifications

industries
Hospitality
applications
Anti Piracy

◇ AskAI Classifications

Labels
Property Management Software SaaS FinTech

▦ Linked Companies

TurboTenant
$5M to $10M