The Venture Codex

Participated · Seed · Aug 2019

Esusu operates a financial technology platform that reports on-time rent payments to the major credit bureaus, enabling renters to establish or boost their credit scores. The product is used by multifamily property owners, operators, and financial institutions to integrate rent reporting seamlessly into their workflows. Today, Esusu’s network spans 5 million units and reaches approximately 12 million residents while processing about $100 billion in annual gross lease volume. Key enterprise partners include major real estate players such as Blackstone, Invitation Homes, and Nuveen Real Estate. The company monetizes through SaaS-style agreements with property managers and ancillary services tied to resident financial products. With more than $200 million raised to date, Esusu aims to deepen product development and scale operations further across the U.S. The fresh capital supports its mission of closing the racial wealth gap and enhancing financial stability for underserved renters.