Till provides a platform that intermediates between landlords and renters to create customized, flexible rent payment schedules that align with renters' monthly cash flow. Its core product lets landlords enroll properties and allows renters to pay rent in smaller installments across the month; Till estimates this can cut evictions by as much as 50%. Till is live at 170 properties comprising 30,000 units across 14 states. The company charges renters $3 per month if they make all payments on time and $9 per month if they do not, and it also offers a rental loan product with varying rates. The business model targets renters with cash-flow volatility and acknowledges it relies on that financial insecurity. With the new funding, Till plans to recruit more landlords across additional states and further develop its flexible rent product.

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2020