Photo - Tenance
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Tenance

Tenance is a cutting-edge property management startup

Egypt
Market: Financial services
Stage of the project: Prototype or product is ready

Date of last change: 14.07.2024
Sale price
$  200.000
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share to sell
20%
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- is looking for investment
 

Idea

Tenance is a cutting-edge property management startup that digitalizes the day-to-day operations of landlords and property managers.

Current Status

Awarded "Aspiring Young Entrepreneur" at the Future Hospitality Summit (FHS)
MVP under development with a working prototype available
Several users ready for testing and multiple companies with hundreds of properties interested in using the software

Organizational form

LLC

Problem or Opportunity

Traditionally, property management is a time-consuming and labor-intensive task. Property owners and managers often juggle multiple responsibilities, leading to inefficiencies, lack of transparency, and unhappy tenants. The market lacks a user-friendly, affordable, and comprehensive solution that addresses these issues.

Solution (product or service)

Tenance provides a centralized dashboard where users can easily manage properties, communicate with tenants, track maintenance requests, monitor financial performance in real-time, and more.

Finance

Business Model: Tenance operates on a "pay-as-you-go" model, starting at just $0.70 per property. Our revenue streams include:
Monthly subscriptions
Fees for premium features such as tenant screening and vacancy filling
Commissions from maintenance marketplace integrations

Business model

Tenance operates on a "pay-as-you-go" model, starting at just $0.70 per property. Our revenue streams include:
Monthly subscriptions
Fees for premium features such as tenant screening and vacancy filling
Commissions from maintenance marketplace integrations

Reason for sale

Fundraising

Market

We cater to small landlords, large-scale property managers, real estate agencies, homeowners' associations, and more, making property management simpler and more effective for a wide range of users.

Team or Management

5,00
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