Property Management Company TurboTenant Raises Funding

The company’s new capital from LLR Partners will help it fuel growth through acquisitions.

Published on Oct. 10, 2024
Photo: Shutterstock
Photo: Shutterstock

TurboTenant, a property management platform based in Fort Collins, recently received a strategic growth investment from LLR Partners. 

The company provides independent landlords with tools to help simplify the property management lifecycle. TurboTenant serves over 700,000 landlords in the U.S., offering services like tenant screening, rent payments and lease management. TurboTenant operates on a freemium model, allowing landlords to use basic services for free with options to subscribe for additional features.

The fresh capital aims to support TurboTenant’s growth both organically and through potential acquisitions as the company works to improve the landlord experience by integrating all aspects of property management into a single, streamlined solution

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected]. This story was reviewed and edited by Ashley Bowden.

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