The mobile-first platform that lets independent landlords run rent, screening, leasing and maintenance from one app - and lets renters pay, prequalify, and build credit from another.
RentRedi is an all-in-one property management platform built for the landlord who owns a handful of doors, not a REIT. On the landlord side, a single web-and-mobile app collects rent online, lists and markets vacancies, screens tenants, drafts and e-signs leases, and coordinates maintenance and accounting. On the tenant side, a separate app lets renters pay rent, switch on auto-pay, prequalify, sign leases, report maintenance issues with photos, and - notably - build credit by having on-time payments reported to the major bureaus.
The premise is unglamorous and deliberate: the independent landlord has long been stuck between spreadsheets, paper checks, and enterprise software priced for management firms. RentRedi's answer is to compress the whole cycle - list, screen, sign, collect, repair, reconcile - into one subscription that runs from a phone. The company says its auto-pay feature pushes on-time rent payments up to 99%, and its Credit Boost tool lifts tenant credit scores by an average of 26 points over a year.
Since launching in 2016, RentRedi has grown to serve nearly 300,000 landlords and renters and now sits atop more than $33 billion in managed assets - numbers that put a mom-and-pop tool on the same leaderboards as far larger PropTech names.
"RentRedi started because I couldn't get an apartment - gathering the documents for applications was harder than it should have been."Ryan Barone, Co-Founder & CEO
The company's founding story runs backward from the usual PropTech pitch. Ryan Barone wasn't a landlord frustrated with tenants. He was a would-be tenant in New York City who couldn't assemble the paperwork a rental application demanded fast enough to land the apartment he wanted. Talking to other renters and doing his own digging, he found the application gauntlet was miserable on both sides of the lease.
So, while holding a full-time job and finishing college courses, Barone started building a small app to smooth the process. It grew into an end-to-end platform. He co-founded the company with his father, Ed Barone, a marketer with three decades in marketing, finance, and real estate. Ryan runs product and engineering as CEO and CTO; Ed runs marketing as CMO.
That father-and-son structure is unusual in venture-backed tech, and it's more than trivia - it shaped a company culture where many employees are landlords or investors themselves, testing the software on their own properties. The result is a product built by people who feel the problem, not just research it.
Nine years on, that slow-burn origin has hardened into a growth story: three consecutive years on the Inc. 5000, a spot on Fast Company's Next Big Things in Tech, and repeat appearances on HousingWire's Tech100.
Online and mobile rent collection via Plaid and Stripe, with auto-pay, partial payments, and reminders - credited with on-time rates up to 99%.
TransUnion-certified credit, criminal, and eviction reports paired with proprietary prequalification and a mobile application dashboard.
Pushes vacancies to Zillow, Trulia, HotPads, and Realtor.com to fill units faster.
In-app lease creation, e-signature, and document storage for both landlords and tenants.
Tenants file requests with photo and video; landlords track repairs, with Latchel handling 24/7 coordination.
Reports on-time rent to major bureaus, adding an average of 26 points to a tenant's score over a year.
Rental-specific bookkeeping that auto-imports and classifies bank and card transactions for investors.
Portfolio analytics and financial reporting that won PropTech Breakthrough's platform-of-the-year nod.
In-app renters insurance via Sure, plus perks partners that help landlords grow their businesses.
Figures self-reported by RentRedi and drawn from company releases; bar lengths are illustrative, not to a single scale.
Independent and small-portfolio landlords and real estate investors - plus their tenants. RentRedi aims squarely at the operator with a few units and a day job, not the enterprise management firm.
Chasing late rent, screening unknown applicants, fielding 11 p.m. maintenance calls, and stitching together spreadsheets and paper checks. RentRedi collapses those chores into one mobile flow.
Where Buildium and AppFolio court enterprises, RentRedi stays mobile-first, low-cost, and tenant-friendly - adding Credit Boost and auto-pay that benefit renters, not just owners.
Where it fits. RentRedi occupies the independent-landlord tier of a crowded PropTech field. Its alternatives include Buildium, AppFolio, TurboTenant, Avail (owned by Realtor.com), Innago, DoorLoop, Hemlane, and Rentec Direct. Rather than out-feature the enterprise suites, RentRedi competes on price, mobile experience, and a two-sided design that gives renters real reasons to open the app.
"We help landlords go mobile and manage rentals from wherever, whenever."RentRedi
RentRedi runs on a B2B2C SaaS subscription. Landlords pay a low monthly (or discounted annual) fee for the management platform, while the company also earns from ancillary services like tenant screening reports and partner-referred products such as renters insurance. The mobile-first product is priced and designed for individuals, not large firms - a deliberate lane in a market that mostly chased the enterprise.
| Round | Amount | Date | Lead / Investors |
|---|---|---|---|
| Series A | $12,000,000 | Apr 2022 | K1 Investment Management (lead); TIA Ventures, Tribeca Early Stage Partners, RiverPark Ventures |
| Prior rounds | ~$5,000,000 (cumulative) | 2016-2021 | TIA Ventures, Tribeca Early Stage Partners, RiverPark Ventures |
| Total raised | $17,000,000+ | - | - |
Annual revenue estimated near $6M; 627% growth reported over 2021-2024.
Rather than rebuild the entire rental stack, RentRedi plugs into category leaders - a build-vs-buy discipline that keeps the platform lean.
Ryan Barone builds the app around a job and college, co-founding with father Ed Barone.
Lease signing, storage, and maintenance turn the app into an end-to-end toolkit.
A Zillow partnership pushes listings to Zillow, Trulia, and HotPads.
Rent reporting lets tenants build credit - about 26 points a year.
K1 leads the round; total funding passes $17M.
627% growth lands No.132 on the Technology Fast 500.
PropTech Breakthrough award and a HousingWire Tech100 spot.
Named to HousingWire's Tech100 for a second straight year.
RentRedi is an all-in-one, mobile-first property management platform. Landlords use it to collect rent, list and market vacancies, screen tenants, sign leases, and manage maintenance and accounting; renters use it to pay rent, set up auto-pay, build credit, prequalify, and submit maintenance requests.
RentRedi was founded in 2016 by father-and-son team Ryan Barone (CEO & CTO) and Ed Barone (CMO), after Ryan struggled to complete a rental application in New York City.
More than $17 million total, including a $12 million Series A in April 2022 led by K1 Investment Management with TIA Ventures, Tribeca Early Stage Partners, and RiverPark Ventures.
Independent and small-portfolio landlords and real estate investors, along with their tenants. The platform serves nearly 300,000 users and manages more than $33 billion in assets.
RentRedi focuses on the independent, mobile-first landlord rather than large enterprise property managers, pairing low-cost subscriptions with tenant-facing features like Credit Boost and auto-pay through integrations with Zillow, TransUnion, Plaid, Stripe, and REI Hub.