Rentals

Tenant Turner builds robust property management features at Y Combinator

Virginia-based company accepted into Silicon Valley incubator deemed more selective than Harvard

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Takeaways: Tenant Turner received $120,000 investment from Y Combinator in Silicon Valley. Property management platform saw an average 150 percent growth in rental listings in past three months. The team has built additional features like showing feedback and texting abilities. James Barrett became an accidental landlord after the housing market crashed, building his company out of the issues that arose as he dealt with tenants. At the start of the summer, Barrett's landlord and property management software, Tenant Turner, was accepted into the Y Combinator tech incubator program in Silicon Valley. Barrett, along with co-founders Chris Stewart and Brandon Anderson, met with Steve Case, chairman and founder of AOL, in their hometown of Richmond, Virginia, a few months ago. While pitching the product, the trio was encouraged to apply to the incubator, which accepts less than 2 percent of its applicants into the Mountain View, California, program. Y Combinator invests...