ZRent

What ZRent does

ZRent, operated by ZSuite Technologies, Inc., is a digital rent collection and deposit management platform serving SMB landlords, property managers, and their tenants. The platform automates ACH-based collection of rent and condo dues, offering property/unit management, tenant invitation and onboarding, recurring or one-time payment scheduling, six-month payment forecasting, and automated monthly reporting delivered on the 15th of each month. Underlying technology comprises ACH payment processing with bank-account verification via trial deposits, descriptive ACH transactions for bookkeeping, and a multi-device web dashboard; occupant bank-account information is kept private from landlords and a roommate-sharing feature supports split rent payments.

The company monetizes primarily through tiered monthly subscriptions priced at $1.99-$3.99 per unit based on portfolio size, while offering free access to tenants and to landlords who bank with partner financial institutions. The go-to-market is product-led self-serve via zrent.net, supplemented by a Banking-as-a-Service channel in which community banks embed ZRent as a free value-added service for their small-business landlord customers. ZRent originated inside a community bank's product development team in 2015 and spun out as the independent entity ZSuite Technologies, Inc. in August 2019; the platform reports more than 15,000 users and processes approximately $85 million of rent annually, while the company employs 11-50 staff.

Name

ZRent

Legal name

ZSuite Technologies, Inc.

Website

https://zrent.net

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

ZRent is a digital platform that automates ACH rent and condo dues collection for SMB landlords and property managers, serving over 15,000 users and processing roughly $85 million of rent annually through subscription and partner-bank channels.

Ownership category

akta.pro rank

Headquarters

HQ city

Burlington

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Landlord Subscription Tiers: Monthly subscription fees charged to landlords based on the number of rental units managed. Pricing scales with unit count, offering volume discounts for landlords with 10+ units at $1.99/unit/month.
2. Partner Institution Revenue Share: Revenue arrangement with partner financial institutions where landlords receive free platform access in exchange for using their bank accounts, likely generating referral or commission revenue from partner banks.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

ZRent is a digital platform that automates and digitizes rent collection and condo dues for landlords and property managers. It provides ACH-based recurring and one-time payment scheduling, bank account verification, descriptive ACH transactions for bookkeeping, a 6-month payment forecasting dashboard, automated monthly reporting, and a roommate rent-splitting feature. Occupants use the platform free of charge, while landlords pay tiered subscription fees unless they bank with a partner institution.

Product overview

ZRent is a single, unified digital platform for landlords and property managers to automate and digitize rent collection and condo dues. The platform provides a complete set of features including property/unit management, tenant invitation and onboarding, ACH payment collection, payment forecasting, transaction tracking, and automated monthly reporting—all accessible via web and mobile interfaces. ZRent operates as a standalone product under parent company ZSuite Technologies, Inc., with no modular add-ons or separate product tiers beyond its core offering and pricing tiers based on unit count.

Differentiator

Problem solved

Functional benefit

Products and services

• ZRent Platform Unified digital platform that lets landlords and property managers add properties, invite tenants, schedule recurring or one-time ACH rent and condo dues payments, verify bank accounts, forecast cash flow up to six months, and receive automated monthly reporting. Occupants can pay rent, view history, split rent with roommates, and keep bank account details private; occupant use is always free.

Quantifiable outcome

• Processes $85 million of rent annually
• +1 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Avail: Avail is a landlord-focused software platform that offers online rent collection, tenant screening, and listing tools. It directly overlaps with ZRent's core rent collection use case for small and mid-sized landlords.
• Cozy: Cozy (now part of Apartments.com) was a direct rent collection and landlord tools platform. It is highly comparable to ZRent in product functionality and landlord target market.
• RentRedi: RentRedi is a landlord software platform offering rent collection, tenant screening, and accounting for small landlords. It competes head-to-head with ZRent in the SMB landlord segment.
• TurboTenant: TurboTenant offers free property management tools including online rent collection for independent landlords. It is highly comparable to ZRent in target customer (small landlords) and core feature set.
• Rentler: Rentler is a property management platform with online rent payments, listing, and tenant screening focused on independent landlords. It directly competes with ZRent's core feature set.

Broad incumbents

• Buildium: Buildium is an established property management platform serving residential property managers with rent collection, accounting, and tenant communication features. It competes with ZRent via a broader, bundled offering.
• DoorLoop: DoorLoop is a property management software platform with online rent payments and full accounting. It overlaps with ZRent as a more comprehensive alternative for landlords and property managers.
• AppFolio: AppFolio provides full-stack property management software including online rent payments, accounting, and maintenance. As a larger incumbent, it competes with ZRent by bundling rent collection into a complete platform.

Emerging players

• Stessa: Stessa (owned by Roofstock) provides financial management tools for rental property owners including rent tracking. It overlaps with ZRent's landlord financial workflow focus.
• Hemlane: Hemlane offers rent collection alongside full-service property management tools for small landlords. It is comparable to ZRent on rent collection while offering adjacent services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ZRent_online
• LinkedInlinkedin.com/company/zrent

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 ZRent