Rentway

What Rentway does

Rentway (legal entity Elevenx2 LLC, doing business as Rentway.ai) is an AI-native property management platform built for individual landlords and small-to-mid property managers in the United States and Canada. The company was founded by property managers and is headquartered in Spokane, WA, with a general office in Simi Valley, CA. Its core product is Rio, an AI agent that performs actual property management tasks — tenant communication, lease handling, and workflow execution — via natural language, complemented by a 24/7 AI Phone Receptionist for voice-based interactions.

The platform is built on Supabase and Vercel with SOC 2 and ISO 27001 infrastructure, integrates Stripe for payments and Plaid for bank connectivity, and ships 17+ features on every paid plan. The underlying model architecture is not publicly detailed, but the product is structurally dependent on third-party foundation models for Rio's reasoning and the Phone Receptionist's voice handling.

Rentway operates a tiered, product-led subscription model: Solo at $24/month or $19/month annual (1–3 units), Starter at $59/month (4–20 units), Growth at $59 plus $2 per door (21–190 units), and a custom Portfolio tier from $399/month (191+ units) that is sales-assisted and includes white-label/API. Acquisition is PLG via self-serve trial, with a content and SEO engine — comparison pages against Buildium, AppFolio, DoorLoop, RentRedi, Avail, and TurboTenant, plus 12 free calculators — driving top-of-funnel traffic. The company describes its customer base as "hundreds of property managers" and discloses no funding.

Name

Rentway

Legal name

Elevenx2 LLC

Website

https://rentway.ai

Company type

Private

Operating status

Operating

Short description

Rentway (Elevenx2 LLC) is an AI-native property management platform serving US and Canadian landlords and small property managers with Rio, an AI agent that performs property management tasks, and a 24/7 AI Phone Receptionist, sold via tiered SaaS subscriptions.

Ownership category

akta.pro rank

Product category

Property Management Software

NAICS

Rental and Leasing Services (532)

SIC

Services-Prepackaged Software (7372), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Lease Administration & Tenant Services (BPAJAFAL)

Keywords

• AI property management
• Landlord software
• Rent collection platform
• Tenant screening service
• Lease management software

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription - Capacity-Based SaaS: Four-tier subscription model based on portfolio capacity (units managed). Plans scale from 1-3 units (Solo) to 191+ units (Portfolio). Revenue scales with customer portfolio growth. No per-feature or per-signature fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Rentway sells an AI-powered property management SaaS platform that consolidates communication, rent collection, maintenance, leasing, and accounting into a single system for landlords and property managers. The platform is anchored by its proprietary AI Property Manager agent (Rio) that executes real tasks (creating leases, posting payments, drafting notices, generating reports) against live account data, paired with a 24/7 AI Phone Receptionist that handles tenant and prospect calls. Pricing is capacity-based, scaling by number of units managed from Solo (1-3 units) through Portfolio (191+ units).

Product overview

Rentway is an all-in-one AI-powered property management platform built by property managers. The core product consists of the AI Property Manager Agent (Rio), which acts as an autonomous agent handling tasks via natural language commands, combined with an AI Phone Receptionist providing 24/7 voice capabilities. All features are included on every paid plan with no per-feature fees. The platform includes core property management modules: rent collection with Stripe integration and autopay, double-entry accounting with Plaid bank sync and QuickBooks export, native eLease e-signatures, maintenance request management with AI triage, tenant and owner portals, CRM, shared team inbox, tenant screening with FCRA compliance, financial reporting, listing/website builder, document storage, legal notice generation, security deposit tracking, inspections, vendor management, renters insurance tracking, lease templates/renewals, and rental applications. The AI capabilities include autonomous task execution, speech/audio processing for phone calls, process automation for workflows, NLP for conversations, knowledge retrieval for form filling, and anomaly detection for maintenance urgency. Pricing scales by units managed from $19-399+/month with capacity-based tiers (Solo: 1-3 units, Starter: 4-20 units, Growth: 21-190 units, Portfolio: 191+ units).

Differentiator

Problem solved

Functional benefit

Products and services

• Rentway AI Property Management Platform All-in-one AI-powered property management SaaS platform for landlords and property managers, anchored by the Rio AI Property Manager Agent that executes real tasks against live account data and a 24/7 AI Phone Receptionist. Includes rent collection via Stripe, double-entry accounting with Plaid bank reconciliation, native eLease e-signatures, maintenance management with AI triage, tenant and owner portals, shared team inbox, CRM, tenant screening, financial reporting, listings/website builder, document storage, legal notices, security deposit tracking, inspections, vendor management, and lease templates. Sold via four capacity-based subscription tiers (Solo, Starter, Growth, Portfolio).
• Rentway AI Phone Receptionist 24/7 AI-powered voice answering service that handles tenant and prospect calls. Qualifies leads, books tours, triages repairs, provides rent and policy information, supports multiple languages with translation, and escalates only what requires human attention. Includes a dedicated phone number and monthly voice-minute allocation.
• Rentway Free Landlord Calculators Free public calculators covering DSCR Loan, Cap Rate, Rental ROI, Cash-Out Refinance, Lazy Equity, Refinance Break-Even, BRRRR, DSCR Max Loan, DSCR Rate Sensitivity, HELOC vs Cash-Out, ARM Reset, and Software Savings. Used to attract landlords and real estate investors into the Rentway ecosystem without requiring an account.

Quantifiable outcome

• Saves 20+ hours per week with AI automation

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability9 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core.

• StripecoreTechnology or IntegrationPayment processor handling all rent payments, security deposits, and transactions. PCI-DSS Level 1 provider. Rentway never stores raw card numbers - only tokens. Core payment infrastructure.
• PlaidcoreTechnology or IntegrationBank connection and transaction import via Plaid. Read-only tokenized access for bank reconciliation. Rentway can see transactions to reconcile books but cannot move money out of accounts.
• SupabasecoreTechnology or IntegrationCloud infrastructure provider. SOC 2 / ISO 27001-certified infrastructure underlying the Rentway platform.
• VercelcoreTechnology or IntegrationCloud infrastructure provider. SOC 2 / ISO 27001-certified infrastructure underlying the Rentway platform frontend and deployment.

Scale indicators2 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Buildium: Buildium is a leading property management software platform for residential landlords and small-to-mid-sized property managers. It is Rentway's most-named direct competitor in published comparison content and competes head-to-head across rent collection, tenant screening, accounting, and leasing workflows.
• AppFolio: AppFolio is a major property management SaaS platform serving residential and commercial portfolios. It directly competes with Rentway in the same SMB-to-mid-market segment and has launched its own AI features (Realm-X), making it both a competitor and a benchmark for AI capability.
• DoorLoop: DoorLoop is a property management software platform targeting landlords and property managers with similar feature breadth including rent collection, maintenance, and tenant screening. Rentway publishes a direct comparison page against it.
• RentRedi: RentRedi is property management software aimed at independent landlords and small landlords, with a similar feature set covering rent collection, maintenance, and tenant screening. Directly named as a Rentway comparison target.
• Avail: Avail is a property management platform for independent landlords offering listings, applications, screening, and rent collection. Directly named as a Rentway comparison target and serves the same SMB landlord segment.
• TurboTenant: TurboTenant provides free and freemium property management tools for independent landlords, covering listings, applications, screening, and rent collection. Directly named as a Rentway comparison target and competes primarily on price and accessibility for small landlords.

Emerging players

• Hemlane: Hemlane is a property management platform combining software with optional local leasing agent services. It overlaps with Rentway in serving independent and small-portfolio landlords with AI-assisted leasing workflows.
• Stessa: Stessa (owned by Roofstock) offers portfolio tracking, accounting, and tax tools for rental property owners. It overlaps with Rentway's reporting, accounting, and landlord-calculator features for the real estate investor segment.
• Guesty: Guesty is a property management platform focused on short-term and vacation rentals. It overlaps with Rentway's secondary vacation-rental segment and represents a likely adjacency as Rentway expands beyond traditional long-term rentals.

Broad incumbents

• Yardi: Yardi is a long-established, broad property management software suite serving commercial, multifamily, and residential portfolios. It is a broader incumbent that competes with Rentway in mid-market and larger property management accounts where buyers require broader functionality.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Rentway