Cozy Launches, Aims to Reinvent the Experience for Landlords and Renters
New Service for Landlords and Renters Enables Automatic Rent Payments, Provides Innovative Screening Tools for Landlords, and Empowers Renters with Secure and Reusable Renter Profiles.
SAN FRANCISCO - June 6, 2013 - Cozy, the company removing headaches from renting residential real estate, unveiled its new service today which features a first of its kind rent payment system, innovative landlord screening tools, and renter profiles that give tenants full control of their private information.
Cozy's mission is to radically change the rental real estate experience with a focus on elegantly designed products, transparency, privacy, and total control of one's personal information. After an intensive six month beta period, Cozy has thousands of landlords and renters using the service in over 320 U.S. markets. Cozy has established itself as a trustworthy payment processor. During the beta payment volume increased 700%, and the company is already processing millions of dollars annually.
Landlords can sign up now for their free 60-day trial at: cozy.co. Cozy is free for renters.
"Renting property is one of the oldest systems in human history, and it is a miserable experience. Renting property has never been designed. At Cozy, we're making the entire process secure, seamless and even enjoyable from the very first interaction. The U.S. is moving toward a more renter-based economy, and the timing couldn't be better for a service like Cozy." -Gino Zahnd, CEO, Cozy
NEW TOOLS FOR LANDLORDS
Cozy's new payment system supports households with roommates. Each roommate pays individually, and Cozy bundles the payments so that the landlord receives one clean payment from the household. This system supports how leases actually work, and reduces liability for the landlord. Everything is based on recurring payments and is completely automatic.
Innovative screening tools enable landlords to accept applications from prospective renters online and make informed decisions on applicants. The renter applications call out key decision points such as employment, financial health and rental history.
Any Cozy property application can also be shared on sites such as Craigslist, Twitter and Facebook, via email, or at property showings.
NEW CONTROL FOR RENTERS
Renters can create a beautifully designed, reusable portfolio with unprecedented accuracy, legitimacy, and control. The Cozy renter profile can be used to apply to properties with Cozy landlords, or anywhere else online. A Cozy profile allows renters to:
• Introduce themselves to landlords in their own words
• Import their LinkedIn profile and verify their current employer
• Give a complete picture of their financial health
• Request endorsements from previous landlords and references
Cozy makes renting easy for both landlords and renters. With world-class customer service and first-of-their-kind products for rent payments, applying/screening, and personal security, Cozy is the best way for small landlords and renters to get things done.
Founded in March 2012 and based in San Francisco, Cozy's mission is to radically change the rental real estate experience with a focus on beautifully designed products, transparency, privacy, and total control of one's personal information.
Cozy is backed by The Social+Capital Partnership, Google Ventures, and noted angel investors Tim Ferriss, Jason Calacanis, and Gary Vaynerchuck. Our founders are former lead designers and engineers from Flickr, Kosmix (now @Walmartlabs), Splunk, and Capital One.
Learn more at cozy.co.