Draft:Rentec Direct
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Rentec Direct is an American company founded in 2009 that offers software-as-a-service (SaaS) applications to landlords and property managers.[1][2][3]
The company's headquarters is in Grants Pass, Oregon, located within the Southern Oregon region.[2][3]
History
[edit]Nathan Miller founded Rentec Direct in 2009.[2] The company is privately held and self-funded.[2][3]
In 2019, the company moved its headquarters to S.W. I Street in downtown Grants Pass. According to the Grants Pass Daily Courier, its software was used at that time by about 14,000 clients managing 500,000 rental units.[2]
In January 2022, Rentec Direct acquired TrueRent, a property management software provider founded in 2013.[4][5] The company reported at the time that its software was used by more than 25,000 landlords and property managers overseeing approximately 750,000 rental units.[5]
As of 2025, the company had appeared on the Inc. 5000 list of fastest-growing private companies in the United States for nine consecutive years.[3][6] Since 2016, it has funded an annual technology scholarship program for students, focused as of 2025 on Oregon residents.[7]
Software
[edit]The company's software applications provide property accounting, online rent collection, and tenant screening.[2] In June 2023, the company added a tool that uses artificial intelligence to generate rental listing descriptions from property data.[8]
Rentec Direct publishes reports on rent payment trends based on transaction data from its platform. According to a 2025 report based on data from 1.2 million renters, the share of tenants paying rent online rose from 4 percent in 2014 to 51 percent in 2025.[1][9]
References
[edit]- 1 2 "Still Mailing Your Rent? You're Hardly Alone". The New York Times. May 28, 2026.
- 1 2 3 4 5 6 McMillen, Jason (January 6, 2019). "Rentec Getting Recognized: Local company that offers property management software solutions earns honor from national magazine". Grants Pass Daily Courier. Grants Pass, Oregon. pp. 1A, 5A.
- 1 2 3 4 "Southern Oregon's Rentec Direct Becomes Industry Giant in a Sea of VC Funded Competitors". Southern Oregon Business Journal. April 7, 2026.
- ↑ Graham, Patrick (March 11, 2022). "Rentec Direct acquires TrueRent". Mergers & Acquisitions.
- 1 2 "Rentec Direct Acquires TrueRent Property Management Software" (Press release). Rentec Direct. January 2022 – via Southern Oregon Business Journal.
- ↑ "Rentec Direct". Inc. Retrieved August 5, 2026.
- ↑ "Rentec Direct awards Tech Mastery Scholarships to three Oregon students". KOBI-TV NBC5. 2025.
- ↑ Decker, Edith (June 25, 2023). "Rentec Direct has first property management software to use AI". Grants Pass Daily Courier. Grants Pass, Oregon. p. 5A.
- ↑ "The Death of the Rent Check Is Not as Simple as It Looks". Realtor.com. 2026.
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