Rent Butter, a resident screening platform for property managers and landlords, has secured a $3 million growth capital facility from Bigfoot Capital to support its continued expansion and product development.
The company is focused on modernizing the apartment application and resident screening process by providing property owners and managers with a more comprehensive assessment of prospective renters than traditional credit scores alone. Rent Butter’s platform helps leasing teams identify qualified residents, reduce defaults, and improve on-time payment rates through data-driven screening tools.
Rather than relying solely on conventional credit metrics, Rent Butter combines real-time bank transaction analysis, income and employment verification, fraud detection capabilities, and eviction history into a single predictive screening report. The platform delivers results within minutes, enabling landlords and property managers to make faster and more informed leasing decisions.
The company says its approach allows property managers to approve more qualified applicants while maintaining confidence in the screening process. By integrating with major property management platforms, Rent Butter is positioning itself as a technology-driven solution for compliant resident screening at scale.
The new financing from Bigfoot Capital will support several growth initiatives, including expanding integrations with additional property management systems, growing the company’s API business, and increasing its presence across single-family housing portfolios.
Bigfoot Capital’s investment reflects confidence in Rent Butter’s ability to address long-standing inefficiencies in the rental application process while helping property managers improve operational outcomes through enhanced resident screening and risk assessment capabilities.
KEY QUOTES:
“We’re proud to welcome Rent Butter to the Bigfoot Capital portfolio with a $3M Growth Capital Facility to support their continued expansion.”
“Rent Butter helps property managers and landlords approve more qualified residents, reduce defaults, and improve on-time payment rates – all through smarter resident screening.”
“Traditional credit scores leave too much on the table. Rent Butter’s platform combines real-time bank transaction analysis, income and employment verification, fraud detection, and eviction history into a single predictive report – delivered in minutes. The result: leasing teams can say yes to more applicants with confidence, not guesswork. Integrated with leading property management platforms, Rent Butter is redefining what compliant, data-driven screening looks like at scale.”
Statement from Bigfoot Capital
