The Tulsa-based startup company ReTenant wants apartment complexes to abandon fliers shoved under tenants' doors in favor of a new mobile application it has developed for rental properties.
“Everyone has their phone with them all the time — but apartment complexes haven't figured that out yet,” said Rania Nasreddine, one of the co-founders of ReTenant. The company made its pitch before a group of potential investors in Oklahoma City on Wednesday as part of the Oklahoma Venture Forum.
The company is close to securing a round of $300,000 in seed funding, but is looking for more investors, Nasreddine said.
The ReTenant platform allows property managers to communicate with apartment dwellers by posting real-time messages that are sent out to tenants' mobile phones. The application also keeps track of service requests and has a tenant feedback system, as well as a click-to-call function that can route calls to apartment staff.
ReTenant is in the process of pitching the product to property managers in the state, said Scott Ayres, who handles business development for the company. At least one apartment complex in Lawton has signed up to use the ReTenant system.
“Our potential market is huge — there are apartment complexes everywhere,” Ayers said.