Azibo Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Employees
-
28
- Latest Deal Type
-
M&A
Azibo General Information
Description
Operator of a digital banking platform intended to tailor to the needs of small real estate owners. The company's platform assists in collecting applications, screening tenants, generating and e-signing leases, collecting rent, managing accounting and financial reporting, handling maintenance, performing banking and bill payments, and providing a comprehensive, user-friendly interface that simplifies and automates various aspects of property management, enabling real estate owners to improve efficiency and reduce administrative burden.
Contact Information
Website
www.azibo.com(Operating Subsidiary)
Corporate Office
- 5470 Kietzke Lane
- Suite 300
- Reno, NV 89502
- United States
Corporate Office
- 5470 Kietzke Lane
- Suite 300
- Reno, NV 89502
- United States
Azibo Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 07-May-2025 | Completed | Generating Revenue | |||
| 3. Seed Round | 16-Jul-2024 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 01-Nov-2022 | $24.5M | $35M | Completed | Generating Revenue | |
| 1. Seed Round | 05-Aug-2020 | $10.5M | $10.5M | Completed | Generating Revenue |
Azibo Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-1A | ||||||||
| Seed-7 | ||||||||
| Seed-6 | ||||||||
| Seed-5 | ||||||||
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 2,940,670 | $0.000010 | 8% | $0.58 | $0.43 | 0x | $0.58 | 2.83% |
| Seed | 7,410,758 | $0.000010 | 8% | $0.92 | $0.43 | 0x | $0.92 | 7.12% |
Azibo Comparisons
Industry
Financing
Details
Azibo Competitors (7)
One of Azibo’s 7 competitors is Baselane, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Baselane | Venture Capital-Backed | New York, NY | ||||
| TenantCloud | Formerly VC-backed | Fort Collins, CO | ||||
| Buildium | Formerly PE-Backed | Richardson, TX | ||||
| Entrata | Private Equity-Backed | Lehi, UT | ||||
| RentRedi | Venture Capital-Backed | New York, NY |
Azibo Signals
Azibo Former Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1Sharpe Ventures | Venture Capital | Minority | ||
| Assurant Ventures | Corporate Venture Capital | Minority | ||
| Berg Capital Group | Venture Capital | Minority | ||
| Camber Creek | PE/Buyout | Minority | ||
| Canaan Partners | Venture Capital | Minority |
Azibo FAQs
-
When was Azibo founded?
Azibo was founded in 2018.
-
Where is Azibo headquartered?
Azibo is headquartered in Reno, NV.
-
What is the size of Azibo?
Azibo has 28 total employees.
-
What industry is Azibo in?
Azibo’s primary industry is Financial Software.
-
Is Azibo a private or public company?
Azibo is a Private company.
-
What is Azibo’s current revenue?
The current revenue for Azibo is .
-
How much funding has Azibo raised over time?
Azibo has raised $38.1M.
-
Who are Azibo’s investors?
1Sharpe Ventures, Assurant Ventures, Berg Capital Group, Camber Creek, and Canaan Partners are 5 of 16 investors who have invested in Azibo.
-
Who are Azibo’s competitors?
Baselane, TenantCloud, Buildium, Entrata, and RentRedi are some of the 7 competitors of Azibo.
-
When was Azibo acquired?
Azibo was acquired on 07-May-2025.
-
Who acquired Azibo?
Azibo was acquired by TurboTenant.
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