RentSpree

What RentSpree does

RentSpree is a privately held rental management SaaS company founded in 2016 by Michael Lucarelli and Paul Sirisuphang, headquartered in Seattle with an engineering and sales office in Bangkok. The company serves four primary customer segments — individual agents, landlords, renters, and property managers — alongside enterprise customers including MLSs, brokerages, REALTOR associations, and PropTech platforms. Its core product is a multi-tenant screening and rental workflow platform: tenant screening reports (credit, background, eviction, income, and reference checks) are compiled by TransUnion Rental Screening Solutions and delivered through RentSpree's interface, complemented by online rental applications, e-signature leasing, and rent payment processing with credit-builder reporting.

RentSpree generates revenue through multiple streams: pay-per-screening fees of $39.99–$49.99 paid by applicants, a $6.99/month Landlord PRO subscription, freemium onboarding, transaction fees on rent payment volume, and enterprise/managed-services revenue from 300+ MLS and association integrations delivered through its RentEdge product. Distribution is omnichannel — self-serve/PLG for individual users, enterprise field sales and API integrations for partners, and community-led growth through the RENEW sub-brand. The technology stack is augmented by AI-powered listing syndication, bank-verified income verification via Unit, and FDIC-insured landlord banking through i3 Bank launched in January 2026.

The company is SOC 2 Type II certified, has raised approximately $28M across a 2017 pre-seed, a 2021 round, and an August 2022 Series B led by Green Visor Capital, and has ranked on the Inc. 5000 list in each of 2022–2025. Recent strategic emphasis has shifted from pure screening toward an embedded platform thesis spanning financial services, MLS workflow integration, and renter-to-buyer conversion modules.

Name

RentSpree

Legal name

RentSpree, Inc.

Website

https://rentspree.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

RentSpree is a rental management SaaS platform providing tenant screening (TransUnion-backed), rent payments, and MLS-embedded workflow tools to agents, landlords, renters, and 300+ MLS and association partners across all 50 U.S. states.

Ownership category

akta.pro rank

Product category

Rental Management Software

NAICS

Lessors of Real Estate (5311), Consumer Goods Rental (5322)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Rental Brokerage & Tenant Placement (BPAJAAAF)

akta.pro secondary industries

Residential Lease Administration & Tenant Services (BPAJAFAL), Renters Insurance (FSAJACAB)

Keywords

• Rental management software
• Tenant screening services
• Rent payment processing
• MLS-integrated proptech
• Landlord banking platform

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Pay-per-screening (applicant-paid): Per-applicant screening fees ranging from $39.99 (credit report) up to $49.99 for full application packages, paid by the renter; agents and landlords can send screening requests for free.
2. RentSpree PRO subscription: Premium subscription plan (Landlord PRO at $6.99/month) that unlocks the full feature set including rent collection, landlord banking, automated compliance, and portfolio insights.
3. Freemium / free tier: Free account creation, free rental applications, free listings for agents and landlords — used as a top-of-funnel conversion vehicle.
4. Rent payment processing (transaction fees): Rent payment rails through which deposits, fees, and monthly rent transfer; transaction-based fees apply on payment volume (not publicly disclosed).
5. Enterprise MLS / association / brokerage integrations: Revenue generated for MLS partners via the RentEdge embedded platform — RentSpree generated $10 million in revenue for MLS partners through integrations (Sept 2024).

Go-to-market motion5 records

Core offering

RentSpree provides a unified SaaS rental management platform covering tenant screening (credit, background, eviction, bank-verified income reports powered by TransUnion), online rental applications, AI-powered listing pages and syndication, e-signature leasing, rent payment processing, and embedded FDIC-insured landlord banking. It also offers RentEdge, an MLS-integrated suite of rental modules embedded directly inside partner MLS dashboards, plus an Enterprise API for PropTech, brokerage, and association partners.

Product overview

RentSpree is a single platform-plus-modules rental management architecture that unifies the full rental lifecycle — from tenant screening (Tenant Screening with TransUnion-backed credit, background, eviction, and bank-verified income reports) through Rental Application, Marketing Tools with AI-powered listing pages, Lease signing via e-signature, Rent Payment processing, Renter management, and Landlord Banking (FDIC-insured interest-earning accounts powered by Unit and i3 Bank, with a Visa debit card). Atop this core platform sits RentEdge, the MLS-integrated suite of rental modules embedded directly inside partner MLS dashboards (CRMLS, FMLS, PrimeMLS, Heartland MLS, BAREIS, EBRHA, SIBOR, and others), which hosts sub-modules like Nurture for converting renters to future homebuyers. Additional add-ons include Credit Builder (rent reporting to credit bureaus), Rent Estimate reports, Renters Insurance, Moving Services Referral, and Rent & Security Deposits Payment Services. RentSpree PRO (Landlord PRO) is the premium subscription plan that unlocks the full feature set, while RENEW by RentSpree is the company's women-in-real-estate community sub-brand with its own podcast, newsletter, and annual retreat.

Differentiator

Problem solved

Functional benefit

Brands

• RentEdge: MLS-integrated rental management platform offering rental listings, tenant screening, e-sign, rent payment tools, and renter lifecycle modules (including Nurture). Deployed across multiple MLS partnerships nationwide.
• RENEW (Real Estate Network of Empowered Women)

Products and services

• Tenant Screening Top-rated tenant screening product delivering comprehensive credit, background, eviction, income verification, reference checks, and ID upload reports in minutes, powered by TransUnion Rental Screening Solutions. Targeted at agents, landlords, and property managers screening rental applicants.
• Rent Payment Payment processing solution that ensures deposits, fees, and monthly rent payments transfer securely and on time, including automated reminders, late fees, and tenant credit reporting options. Used by landlords, agents, and property managers.
• Rental Application Online rental application with free credit report available to applicants, designed to collect applicant details and documents in minutes rather than hours for agents and landlords.
• Rent Estimate Rent estimate reports from third-party providers, enabling landlords and agents to price rental listings based on market data.
• Marketing Tools (Listing Pages) AI-powered plug-and-play listing pages and syndication that get listings online fast and expand reach across partner networks including Zillow. Targeted at agents and landlords marketing rentals.
• Renters Insurance Renters insurance offering integrated into RentSpree's rental platform for tenants.
• Enterprise API Integration Enterprise-facing API integration enabling MLSs, PropTech firms, brokerages, and REALTOR associations to embed RentSpree's rental functionality into their own platforms.
• RentEdge MLS-integrated rental management platform deployed inside partner MLS dashboards. Enables agents to list rentals, screen tenants, run workflows, and access rental market data directly within the MLS interface, and hosts modules such as Nurture.
• Nurture Module on the RentEdge platform that helps real estate agents maintain relationships with renters after leases are signed via automated follow-ups, personalized messaging, and timing triggers that convert renters into future homebuyers.
• Landlord Banking FDIC-insured banking experience for small landlords, powered by Unit and i3 Bank, offering interest-bearing accounts (up to 2.75% APY) and a Visa debit card consolidated with the rental workflow.
• Credit Builder Feature enabling renters to opt into having on-time rent payments reported to a credit bureau to build credit history.
• Income Verification Report Income verification report that analyzes an applicant's bank account transactions over the prior 12 to 24 months to verify income and detect fraud or falsified documents.
• RentSpree PRO (Landlord PRO) Premium subscription service (Landlord PRO at $6.99/month) offering the full feature set including rent collection, landlord banking, automated compliance, and portfolio insights for agents and landlords.
• Rent & Security Deposits Payment Services Payment service governed by Supplemental Terms, enabling landlords to collect deposits and related payments from tenants through the platform.
• Moving Services Referral Referral service connecting users to moving services, governed by Moving Services Referral Terms.

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability6 records

Feature8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• TransUnion SmartMove: TransUnion's direct-to-landlord tenant screening product and the underlying data engine behind RentSpree's screening reports. It is the closest 1:1 competitor in landlord-paid screening and is also a RentSpree data partner, making it both a peer and a vertically integrated supplier.
• TurboTenant: Freemium, self-serve rental management platform for independent landlords offering screening, applications, rent collection, and listing syndication. Overlaps directly with RentSpree's core screening and landlord workflow product targeting the same small-landlord segment.
• Avail (Realtor.com / Move, Inc.): End-to-end rental management software for landlords and agents covering applications, screening, e-sign, and rent payment. Owned by Realtor.com / Move Inc., giving it portal-level distribution advantages and making it a direct competitor in the same workflow stack.

Broad incumbents

• Zillow Rental Manager: Zillow's integrated rental listing, application, and screening tool, bundled into the largest U.S. real estate portal. Competes for the same agent and landlord workflow, but as part of a much broader consumer marketplace business rather than a focused rental SaaS.
• CoStar / Apartments.com: Dominant apartment marketplace with expanding screening and operator tools. Overlaps with RentSpree's rental marketing and screening use cases, particularly for larger property managers, but is part of CoStar's broader commercial real estate intelligence portfolio.
• Buildium: Property management SaaS for small-to-mid landlords and property managers offering accounting, tenant screening, rent collection, and maintenance workflows. Competes for the landlord/property-manager buyer that RentSpree serves, with a heavier ERP focus.
• AppFolio: Cloud property management platform serving residential and commercial property managers with screening, payments, accounting, and AI assistants. Comparable at the workflow and screening layer for larger portfolios where RentSpree's landlord banking is less applicable.

Emerging players

• Hemlane: End-to-end rental management platform for independent landlords and agents offering screening, leasing, rent collection, and agent-coordination tools. Direct competitor to RentSpree's landlord-focused stack with a smaller brand and footprint.
• LeaseRunner: Tenant screening and rental application platform offering credit, background, eviction, and income verification reports to landlords and property managers. Direct overlap with RentSpree's screening core, with less of the MLS-embedded distribution layer.

Others

• Lone Wolf Technologies: Major transaction and back-office SaaS provider to brokerages and MLSs, and a stated RentSpree technology partner. Adjacent because it sits in the same MLS/brokerage stack and competes for some of the same enterprise relationships, even though its core is broader back-office software.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights3 records

Customer concentration

• YouTubeyoutube.com/c/rentspree
• Facebookfacebook.com/rentspree
• LinkedInlinkedin.com/company/rentspree
• Instagraminstagram.com/rentspree
• Xx.com/rentspree

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RentSpree