TurboTenant is a free online platform for tenants and landlords that offers marketing syndication, online applications, tenant screening, lead management and communication tools. The company is based in Fort Collins, Colorado. More than 200,000 landlords in all 50 states use the platform. TurboTenant raised $6.5m in a Series A led by RET Ventures with participation from previous investors including Access Venture Partners. The company plans to expand its marketing and development teams to accelerate customer growth and product innovation. TurboTenant also says it will soon launch rent payments and communication tools. TurboTenant provides a front end to the rental process, including placing listings on multiple rental sites and helping potential tenants find suitable rental properties. Its platform offers rental marketing, online rental applications, tenant screening, renters insurance, tenant management and communication, and landlord forms and education. The company is led by founder and CEO Sarnen Steinbarth and is based in Fort Collins, Colorado. More than 100,000 landlords in all 50 states use the platform. TurboTenant raised $2.2M in funding to support its growth. The company intends to use the funds to accelerate product and marketing efforts and to build out a larger team of employees. TurboTenant offers an online suite of tools for independent residential landlords, including online rental applications, tenant credit and background reports, property listings, automated marketing and online rent payments; all features are free for landlords. The company said it will use new funding to add landlord clients, broaden its product suite and expand its management team and board of advisors. TurboTenant was launched in early 2016 and previously received seed financing from Crescendo Capital Partners. The company is led by founder and CEO Sarnen Steinbarth and is based in Fort Collins, Colorado. Current financial activity includes a $1.5M growth funding round announced in April 2017. Board additions associated with the company include Glenn Russo, David Robertson and FrontRange investors David Prokupek and Chuck Davis alongside Mark Hopkins of Crescendo.

Total raised

$10M

Funding rounds

3

Latest round

Series A

Latest activity

Jul 2019