Today, Baselane is announcing $34.4 million in new funding, including a recently closed $20 million Series B led by Thomvest Ventures and a previously unannounced $14.4 million Series A led by Matrix Partners.
This funding milestone coincides with the launch of Baselane Smart, a subscription-based suite of AI-powered automation tools designed to give landlords greater control, efficiency, and insight into their rental property finances.
Read More – Apricot Raises Series A Funding
The new financial backbone for investors
Launched in 2022, Baselane has experienced more than 900% growth since its Series A financing and now supports more than 50,000 real estate investors across the United States. Individual investors own more than 25 million rental units — half of the U.S. residential rental supply — and represent a growing class of sophisticated, tech-savvy landlords scaling beyond single properties.
Baselane has emerged as the new financial backbone of the evolving rental economy, replacing a fragmented landscape of non-specialized tools that forced landlords to juggle between spreadsheets, payment apps like Zelle®, accounting software, personal checking accounts, and more. Baselane consolidates and simplifies financial workflows with a powerful, purpose-built platform for real estate investing, integrating everything from banking and bookkeeping to rent collection and tax reporting.
Read More – Phaidra Raises Over $50M in Series B Funding
