The New York fintech that turned messy rental finances into one screen - banking, rent collection, and AI bookkeeping built for the landlord who never wanted to be an accountant.
Founded 2022 · New York, NY · ~75 employees
BASELANE — Banking, rent collection and bookkeeping in a single dashboard for real estate investors.
Source: Baselane
Buy a rental property and you inherit a second job nobody warns you about: the paperwork. Rent has to be chased. Receipts pile up. A security deposit sits in the same account as the mortgage payment until tax season turns the whole thing into a forensic exercise. For years, the fix was a patchwork - a legacy business bank, a stack of spreadsheets, an accountant on retainer, and a consumer payment app for rent.
Baselane, founded in 2022 and based on Park Avenue in New York, was built to collapse that patchwork into a single platform. It combines three things that normally live in three different products: a business bank account, rent collection, and bookkeeping. Because they share one system, money moving in and out of a property is categorized as it happens, and the numbers a landlord needs at tax time are already assembled.
The target user is specific. Baselane is not chasing large institutional property managers. It is built for the individual investor and the do-it-yourself landlord - a group the company points out is large and long-overlooked, with roughly 14 million people owning about half of the United States' rental supply.
The pitch is less about features than about time. Baselane says its average customer saves more than 150 hours and around $5,000 a year by not doing this work by hand. That figure, more than any single tool, is the product.
"Real estate investors don't want to be accountants; they want to focus on building passive income without drowning in manual admin work." Mathias Korder — Co-Founder & CEO
FDIC-insured accounts through partner bank Thread Bank, with property-specific sub-accounts for income, security deposits, and reserves. Insured to $250K - and up to $3M via a deposit-sweep program - plus cash-back on select spend.
Launched 2022Free rent collection with ACH, wire, and debit/credit options, tenant auto-pay enrollment, and faster payouts through QuickPay - as little as two business days.
Launched 2022Automatic transaction categorization, property-level income and expense tracking, and tax-ready financial reports - no separate accounting software required.
Launched 2022The paid AI tier (~$25/mo, or $20 billed annually): Auto-Tag Assistant, Advanced Tagging Rules, Auto-Receipt Match, and smart fund transfers that move money before an account overdraws.
Launched 2025The landlord software market already had incumbents. Stessa, a Roofstock company, leads with accounting and portfolio performance. Avail leans toward property management - listings, tenant screening, leases. TurboTenant, DoorLoop, and RentRedi each own a slice of the workflow.
Baselane's difference is structural. Rather than adding a bank account to property software, it built property software around a banking product. To use its rent collection, a landlord opens a Baselane account, which means the money itself - not just a record of it - runs through the platform. That is what lets the bookkeeping happen automatically, and it is harder for a pure-software competitor to replicate.
| Platform | Core Strength | Model | Entry Price |
|---|---|---|---|
| Baselane | Banking + rent + AI bookkeeping in one | Banking-first fintech | Free core |
| Stessa | Accounting & portfolio tracking | Software | Up to $39/mo |
| Avail | Listings, screening, leases | Property mgmt | ~$9/unit/mo |
Comparison figures are approximate and reflect publicly reported pricing at time of writing.
Baselane's Core plan - banking, rent collection, tracking, and bookkeeping - is free. The company earns money the way modern fintechs do: through banking deposits, interchange on card spend, and payment flows, layered with the paid Baselane Smart subscription for customers who want the AI to do the tagging and transfers for them.
That model has attracted institutional backing. In October 2025 the company announced $34.4M in new capital: a $20M Series B led by Thomvest Ventures, alongside a previously undisclosed $14.4M Series A led by Matrix Partners. It brought total funding to $44.3M and, notably, real estate heavyweight Starwood Capital onto the cap table.
"Baselane has created something that real estate investors can truly depend on and love." Don Butler — Managing Director, Thomvest Ventures
Investors include Thomvest Ventures, Matrix Partners, Diagram Ventures, Starwood Capital, Parameter Ventures, Activant Capital, RXR Arden Digital Ventures and Watershed Ventures.
Leads Baselane's strategy and public voice, framing the company around removing manual admin for landlords.
Heads engineering. Holds an MBA from the University of Toronto and an engineering degree from the American University of Beirut.
Runs operations. Former Principal at Boston Consulting Group; a graduate of Wharton and McGill.
Baselane brings integrated banking, rent collection, and bookkeeping to individual real estate investors.
AI tools - Auto-Tag Assistant, Advanced Tagging Rules, Auto-Receipt Match, and smart fund transfers - automate the bookkeeping.
A $20M Series B (Thomvest Ventures) plus a $14.4M Series A (Matrix Partners) push total funding to $44.3M and add Starwood Capital.
It's an all-in-one financial platform for real estate investors that combines banking, rent collection, and AI-powered bookkeeping so landlords can manage rental cash flow in one place.
No. Baselane is a fintech; its FDIC-insured deposit accounts are provided through partner bank Thread Bank, with balances insurable up to $250,000 and up to $3 million via a deposit-sweep program.
The Core plan - banking, rent collection, tracking, and bookkeeping - is free. The optional Baselane Smart AI subscription runs about $25/month, or $20/month billed annually.
Individual and small-portfolio real estate investors and DIY landlords in the US. The company reports more than 50,000 customers managing nearly 97,000 properties.
Unlike accounting-first tools like Stessa or property-management-first tools like Avail, Baselane is built around a banking product, so rent collection, spending, and bookkeeping all flow through accounts it provides.