SingleKey provides a cloud‑based platform that automates tenant screening, digital lease signing, and rent collection for landlords and property managers. The system combines dual‑bureau credit pulls, AI‑driven income and identity verification, and a rent‑guarantee insurance that covers missed payments, damage and legal costs. API connectors integrate the solution with major property‑management software, delivering a single dashboard for risk mitigation and cash‑flow management.
Funding
Funding not disclosed
Founders
Product
Problem
Landlords and property managers often face costly rental risks, including tenant defaults, fraudulent applications, missed rent payments, property damage, and expensive eviction processes. Traditional screening tools can be fragmented, slow, and lack comprehensive verification, leading to delayed decisions and cash‑flow uncertainty.
Solution
SingleKey delivers an integrated, cloud‑based platform that streamlines the entire tenant lifecycle. Prospective renters complete a mobile‑friendly application that triggers automated credit pulls from Equifax®, TransUnion® (or Nova Credit® for international applicants) and an AI‑driven income document analysis to detect tampering. The system conducts AI‑powered identity verification with liveness checks and contacts landlord and employment references, providing recorded summaries. All data are compiled into an instant, searchable Tenant Screening Report. Once a lease is signed via the eLease digital contract, SingleKey automates rent collection with direct‑to‑bank transfers, scheduled reminders, and optional credit‑bureau reporting. For added financial security, the Rent Guarantee program backs rental income against missed payments, lease breaks, property damage, and legal fees, offering up to 12 months of rent reimbursement, $10 k damage coverage, and $2 k legal support. The platform’s API connectors (e.g., Yardi, Buildium) enable seamless integration with existing property‑management systems, giving owners a single dashboard to qualify tenants, collect rent, and mitigate risk.
Target Audience
Primary customers are residential landlords, property management firms, and real‑estate agents who need reliable tenant vetting, automated rent collection, and income protection. The platform also serves tenants seeking a verified rental profile and guarantor services.
Features
- Dual‑bureau credit reports (Equifax® & TransUnion®) plus optional Nova Credit® for international tenants
- Mobile‑optimized rental application with real‑time data capture
- AI‑powered income document verification to flag forged or altered files
- AI‑driven ID verification with facial liveness detection
- Automated landlord and employment reference calls, recorded and summarized for auditability
- Comprehensive eviction and public‑record search (Openroom, CanLII, SOQUIJ)
- eLease digital lease signing and storage
- Automated rent collection: direct‑deposit, customizable schedules, tenant reminders, and credit‑bureau reporting
- Rent Guarantee coverage: up to 12 months of rent, $10 k property‑damage protection, $2 k legal/eviction support (5 % of monthly rent)
- API integrations with major property‑management software (Yardi, Buildium, Rent Manager, Entrata, etc.)
- Secure data handling with TLS 1.2 encryption, no storage of personal banking credentials, and compliance with PIPEDA and FCRA