RentRedi raises $12 million

RentRedi, which offers property management software for landlords, has raised $12 million in a Series A round led by K1 Investment Management, with participation from TIA Ventures, Tribeca Early Stage Partners, and RiverPark Ventures. To date, RentRedi has raised $17 million.

Founded in 2016, the NY-based startup offers a variety of features including rent collection, free listing syndications, tenant screening, maintenance, credit boosting for on-time payments, lease signing, and accounting. RentRedi also features renters insurance in partnership with Sure.

Since 2020, RentRedi has added 10,000+ actively subscribed landlords who manage over 85,000 properties.

“RentRedi offers landlords and tenants an easily accessible all-in-one software platform – an essential solution in today’s fast-paced, ever-changing real estate industry. K1 is excited to support Ryan, Ed and the RentRedi team on their journey to revolutionize renting on both sides of the lease.” – Taylor Beaupain, managing partner at K1.