T
Tenant Inc
Open platform designed to create customizable prop tech solutions
About Tenant Inc
Tenant Inc., a Newport Beach, California-based firm founded in 2019, operates as a vertical SaaS provider exclusively for the self-storage industry. The company emerged from the frustrations of self-storage operators, including its founders, who felt constrained by the restrictive practices of a major software provider at the time. This experience fueled the creation of a unified, cloud-based ecosystem designed to give operators greater flexibility and control. The venture is backed by over 200 self-storage investors and has secured more than $40 million in funding to date, reflecting strong industry support.
The company’s business model is centered on a tiered subscription service, with monthly fees per facility that provide access to its suite of software products. Revenue is generated through these SaaS subscriptions and value-added services. Tenant Inc. serves independent self-storage operators and large management firms, including notable clients like Derrel's Mini Storage, Platinum Storage Group, and A-1 Self Storage. The core of the offering is an all-in-one platform that integrates property management, marketing, payment processing, and data analytics.
Tenant Inc.'s product suite is designed to manage the entire operational lifecycle. The flagship property management software, "Hummingbird," automates daily tasks such as rental management, tenant communications, and payment processing, and now powers over 1,000 facilities. This is complemented by "Mariposa," which creates e-commerce-enabled websites for online rentals, and a suite of digital marketing services to enhance online visibility and lead conversion. A key differentiator is the open API and the "Tenant Warehouse," a data abstraction layer that allows operators to build custom reports using their preferred business intelligence tools. This addresses a critical need for data ownership and flexible analytics, setting it apart from more rigid legacy systems.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Irvine, United States
- Employees
- 188
- Open positions
- 7
- Dealroom signal
- 85.0/100
- Industry
- Real Estate, Enterprise Software
- Sub-industry
- Real Estate Software
- Sector
- Other B2B Software, Property Management
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Feb 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Aug 2023 | $25M | $100M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Tenant Inc is 170K monthly website visits, up 0% over the last three months. Tenant Inc's team grew 8.7% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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