TurboTenant
 | The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (June 2026) |
| Type | Private |
|---|---|
| Industry | Software Real estate technology |
| Founded | 2015 in Fort Collins, Colorado |
| Founders | Sarnen Steinbarth |
| Headquarters | , |
Area served | United States |
Key people | Seamus Nally (CEO) |
| Products | TurboTenant platform TurboTenant Autopilot |
Number of employees | 75 +25 -24 (2026)  |
| Website | turbotenant |
TurboTenant is an American rental property management software company headquartered in Fort Collins, Colorado.[1][2]
History
[edit]TurboTenant was founded in 2015 by Sarnen Steinbarth, a former real estate agent and landlord, to develop software for independent landlords managing long-term rental properties. The company was originally based at the Galvanize tech campus in Fort Collins.[3]
In 2017, TurboTenant received seed funding from Colorado-based Crescendo Capital Partners with participation from FrontRange Capital Partners. In 2018 and 2019, the company received further investment to expand its operations.[4][5] In 2020, Seamus Nally, founder of OTL Ventures, merged his company with TurboTenant and joined as chief operating officer.[6]
In December 2021, Steinbarth stepped down as CEO and was succeeded by Nally; that month the company also launched Rent Reporting, a free feature allowing renters to report on-time rent payments to credit bureau TransUnion.[7]
In October 2024, Philadelphia-based private equity firm LLR Partners made an investment in TurboTenant; previous investors remained minority shareholders.[8]
In December 2024, TurboTenant acquired REI Hub, a New Jersey-based provider of accounting software for rental property owners.[9][10] In May 2025, the company acquired Reno-based Azibo, a financial services platform for rental properties that was founded in 2019.[11]
In June 2025, TurboTenant added screening platform Rent Butter into its application workflow.[12]
References
[edit]- ↑ https://www.9news.com/article/tech/a-new-software-option-for-landlords/73-416107721
- ↑ "BizWest 500: Necessity sparked fast-growing FoCo company – BizWest". bizwest.com. September 1, 2020.
- ↑ Garcia, Adrian D. "Startups vie for finalist spot in Galvanize contest". Fort Collins Coloradoan.
- ↑ Ferrier, Pat. "Fort Collins startup raises $6.5 million, plans to nearly double jobs". Fort Collins Coloradoan.
- ↑ "Rental Management Startup TurboTenant Raises $2.2M". Denver Business Journal. September 24, 2018.
- ↑ Murray, Barbra (November 22, 2023). "TurboTenant CEO Aims to Redefine 'Malevolent Landlord' Image".
- ↑ "TurboTenant Releases Free Rent Reporting Feature Under New CEO". REI INK.
- ↑ "Property Management Company TurboTenant Raises Funding". Built In Colorado. October 10, 2024.
- ↑ "TurboTenant Acquires Accounting Software Company REI Hub". Built In.
- ↑ "TurboTenant acquires REI Hub". BizWest. December 12, 2024.
- ↑ "TurboTenant absorbs landlord financial management software firm Azibo". BizWest. May 8, 2025.
- ↑ "TurboTenant, Rent Butter Integrate To Smooth Tenant Screening". Inman. June 18, 2025.