TurboTenant Raises $6.5M in Series A Funding

TurboTenant , a free online platform for tenants and landlords, has raised $6.5m in Series A funding led by RET Ventures with participation from previous investors including Access Venture Partners.

“We are excited to welcome RET Ventures to TurboTenant’s strong team of investors. RET Ventures’ deep industry connections and experience in the rent tech space makes them an impressive strategic investor. We look forward to making the rental process easier for millions of landlords and renters by creating new and innovative features with this round of funding.” -TurboTenant Founder and Chief Executive Officer, Sarnen Steinbarth.

TurboTenant software assists landlords and tenants across the US with marketing syndication, online applications, tenant screening, lead management, and communication. Features offered by TurboTenant include online rental applications, tenant credit, and background reports, property listings and marketing, and the ability to manage renters insurance – “You can easily require renters insurance via TurboTenant. We’ll notify your tenants of the requirement for you and make it easy to upload proof of their policy or purchase an affordable one. You’ll sleep easy knowing that you’re both covered.”