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§ Private Profile · Pasadena, CA, USA
Financial services and property management platform for landlords and real estate investors, simplifying rent collection, banking, and accounting.
Based in Reno, Nevada, Azibo is a financial services and property management platform that provides independent real estate investors with consolidated tools for automated rent collection, business banking, accounting, and property insurance. The company serves tens of thousands of landlords and tenants across all fifty of the United States, operating with an estimated workforce of 50 to 100 employees. Prior to its recent acquisition, the enterprise raised approximately $29.5 million in total venture funding, including a $19 million Series A round backed by prominent institutional investors such as SVB Capital, Canaan Partners, Khosla Ventures, and QED Investors. In May 2025, the platform was officially acquired by property management software provider TurboTenant to integrate its specialized financial features into a broader residential real estate ecosystem. Azibo was originally founded in 2019 by technology entrepreneur Chris Hsu.
Azibo has raised $30.0M across 2 funding rounds.
Azibo has raised $30.0M in total across 2 funding rounds.
Azibo has raised $30.0M across 2 funding rounds. Most recently, it raised $19.0M Series A in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2022 | $19M Series A | Beau Laskey | Quiet Capital, RET Ventures, SciFi VC, Slow Ventures, Bradley Horowitz, Jeremy Stoppelman, Laszlo Bock, Assurant Ventures, Camber Creek, Canaan Partners, Context Ventures, Gaingels, Khosla Ventures, Liberty Mutual Strategic Ventures, QED Investors, Victory Park Capital | Announced |
| Aug 1, 2020 | $11M Seed | — | 1984 Ventures, Addition, ALT Capital, Canaan Partners, LGF, Lightspeed Venture Partners, Saga, SNR, Vouch Insurance, Aaron Levie, Gokul Rajaram, Immad Akhund, Jason Gardner, Louis Beryl, Marc Benioff, MAX Mullen, SAM Altman, Scott Belsky | Announced |
Azibo is a financial services platform focused on rental property management, offering tools such as rent collection, tenant screening, lease agreement creation, banking, insurance, and financial management. It serves landlords, property managers, and renters by simplifying and automating rental property operations, enabling users to manage diverse rental portfolios efficiently. Founded in 2019 and headquartered in San Francisco, Azibo has grown rapidly, serving tens of thousands of landlords across the U.S. before being acquired by TurboTenant in 2025[1][2][3].
Azibo was founded by a team with expertise in real estate, finance, and technology, aiming to level the playing field for independent landlords and renters by providing modern, data-driven tools. The idea emerged from the need to streamline property management and improve cash flow and organization for landlords of all portfolio sizes. Early traction came from offering a free, comprehensive platform that includes rent collection, tenant screening, and customizable lease agreements compliant with state laws, which helped Azibo quickly gain a significant user base[2][3][4].
Azibo rides the growing trend of digitizing real estate management and financial services for rental properties. The timing is favorable due to increasing demand for streamlined landlord tools, the rise of independent landlords, and the need for transparent, automated financial processes. By focusing on a niche market—rental property owners—Azibo delivers specialized banking and management solutions that traditional banks and generic property management software do not provide. This specialization helps democratize access to wealth-building through real estate and influences the broader ecosystem by pushing innovation in rental fintech[2][4].
Following its acquisition by TurboTenant in 2025, Azibo is poised to expand its reach and integrate more deeply with complementary property management services. Future trends shaping its journey include increased automation, digital lease management with eSignatures, and enhanced financial products tailored to landlords' needs. Azibo’s influence is likely to grow as it continues to simplify rental property management, improve renter experiences, and support landlords in scaling their portfolios efficiently[1][5]. This positions Azibo as a key player in the evolving intersection of real estate and fintech, driving modernization in rental property financial services.
Azibo has raised $30.0M in total across 2 funding rounds.
Azibo's investors include Beau Laskey, Quiet Capital, RET Ventures, SciFi VC, Slow Ventures, Bradley Horowitz, Jeremy Stoppelman, Laszlo Bock, Assurant Ventures, Camber Creek, Canaan Partners, Context Ventures.