Inc. revealed today that RentRedi ranks No. 180 on the 2024 Inc.
5000, its annual list of the fastest-growing private companies in
America. With three-year revenue growth of 2,326%, RentRedi also
ranks No. 23 on the Software Industry list, and No. 18 in the state
of New York. RentRedi, an award-winning property management
software that simplifies the renting process for both landlords and
renters, also ranked No. 12 on the fourth annual Inc. 5000
Regionals: Northeast list in February.
Inc.’s prestigious ranking provides a data-driven look at the
most successful companies within the economy’s most dynamic
segment—its independent, entrepreneurial businesses. Microsoft,
Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and
many other household-name brands gained their first national
exposure as honorees on the Inc. 5000.
“We are incredibly honored to be ranked so highly on the
prestigious Inc. 5000 list, which validates our position as the
preferred property management software for independent landlords
and their tenants,” said RentRedi Co-founder and CEO Ryan Barone.
“Our rapid growth is attributed to our team’s dedication to deliver
a product that gives our customers everything they need to make
renting easy, as well as our customers’ participation in providing
valuable feedback that helps drive our innovation.”
The Inc. 5000 recognition caps off a year full of milestones for
RentRedi, including:
- Acquiring eRentPayment and PaymentReport, which contributed to
the growth of its subscribers base and team, and also led to new
feature enhancements
- Expanding RentRedi Credit Boost to report on-time rent payments
to all three credit bureaus—Equifax, Experian, and
TransUnion—allowing tenants to improve their credit scores
- Forging an exclusive, first-of-its-kind partnership with the
National Association of RealtorsⓇ (NAR) to provide benefits to NAR
members, while gaining access to the largest network of real estate
agents
- Launching a new automated Tenant Income and Asset Verification
feature, powered by Plaid, that combats fraud by adding new
security layers to the tenant screening process for landlords and
tenants, while ensuring that both parties are a good fit for a
rental relationship
- Adding new customizable options within the RentRedi platform,
enabling landlords and property managers to build their own
pre-qualification and application processes that best serve their
individual needs and help them attract and identify more qualified
tenants
RentRedi also stands out from other property management
platforms because user feedback consistently drives decisions that
improve its platform. RentRedi landlords and investors are
empowered to reach new levels of success in their lives by
streamlining their operating costs, cutting expenses, and
increasing revenue. The success of its customers translates to the
success of RentRedi, which led to the company’s inclusion on the
Inc. 5000 and Inc. Regionals lists, as well as being named a 2023
Inc. Power Partner in October.
The Inc. 5000 class of 2024 represents companies that have
driven rapid revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. Among this year’s top 500 companies, the average median
three-year revenue growth rate is 1,637 percent. In all, this
year’s Inc. 5000 companies have added 874,458 jobs to the economy
over the past three years.
“One of the greatest joys of my job is going through the Inc.
5000 list,” says Mike Hofman, who recently joined Inc. as
editor-in-chief. “Congratulations to this year’s honorees, as well,
for growing their businesses fast despite the economic disruption
we all faced over the past three years, from supply chain woes to
inflation to changes in the workforce.”
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go to www.inc.com/inc5000.
As part of the top 500 fastest growing companies in America,
RentRedi will be listed in the new issue of Inc. magazine,
available on newsstands beginning Tuesday, August 20.
About RentRedi
RentRedi offers an award-winning, comprehensive property
management platform that simplifies the renting process for
landlords and renters by automating and streamlining processes. For
landlords, RentRedi provides all-in-one web and mobile apps to
collect rent, list and market vacancies, find and screen tenants,
sign leases, and manage maintenance and accounting. For tenants,
RentRedi’s easy-to-use mobile app allows them to pay rent, set up
auto-pay, build credit by reporting rent payments to major credit
agencies, prequalify and sign leases, and submit maintenance
requests.
Founded in 2016, RentRedi is VC-backed and a proven leader in
the PropTech market. The company ranks No. 180 on the 2024 Inc.
5000 list and No. 12 on the Inc. 5000 Regionals list and was named
an Inc. Power Partner, a GetApp Category Leader, a Capterra
Established Player, and a G2 High Performer and Momentum Leader
based on the software’s user ratings and popularity. To date,
RentRedi has more than $35 billion in assets under management with
nearly 200,000 landlords and tenants using the platform. The
company partners with technology leaders such as Zillow,
TransUnion, Experian, Equifax, Realtor.com, Plaid, and Stripe to
create the best customer experience possible. For more information
visit RentRedi.com.
More about Inc. and
the Inc. 5000
Methodology Companies on the 2024 Inc. 5000 are
ranked according to percentage revenue growth from 2020 to 2023. To
qualify, companies must have been founded and generating revenue by
March 31, 2020. They must be U.S.-based, privately held,
for-profit, and independent—not subsidiaries or divisions of other
companies—as of December 31, 2023. (Since then, some on the list
may have gone public or been acquired.) The minimum revenue
required for 2020 is $100,000; the minimum for 2023 is $2 million.
As always, Inc. reserves the right to decline applicants for
subjective reasons. Growth rates used to determine company rankings
were calculated to four decimal places.
About Inc. Inc. Business Media
is the leading multimedia brand for entrepreneurs. Through its
journalism, Inc. aims to inform, educate, and elevate the profile
of our community: the risk-takers, the innovators, and the
ultra-driven go-getters who are creating our future. Inc.’s
award-winning work achieves a monthly brand footprint of more than
40 million across a variety of channels, including events, print,
digital, video, podcasts, newsletters, and social media. Its
proprietary Inc. 5000 list, produced every year since its launch as
the Inc. 100 in 1982, analyzes company data to rank the
fastest-growing privately held businesses in the United States. The
recognition that comes with inclusion on this and other prestigious
Inc. lists, such as Female Founders and Power Partners, gives the
founders of top businesses the opportunity to engage with an
exclusive community of their peers, and credibility that helps them
drive sales and recruit talent. For more information, visit
www.inc.com.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ca1857d3-833e-4fb0-a5d3-7feac1dd45bc
Media Contact:
Jennifer Tolkachev
jen@rentredi.com
(949) 929-2497