Early Stage: This app makes renting in Silicon Valley easier, more affordable

Startup of the week:

Who they’re: Zently

What they do: Use automation to remove a few of the day-to-day complications of renting

Why it’s cool: Renting a house is already a nightmare within the Bay Space, the place yearly costs soar larger and competitors will get extra intense for the few out there homes and flats. But loads of individuals are caught renting as a result of they don’t have the money to purchase a house — virtually eighty % of millennials within the San Jose space lease, in response to a report by Abodo.

Redwood Metropolis-based mostly Zently needs to remove a few of that ache by making it simpler to stay with roommates — which is the one method many can afford to reside within the Bay Space. The Zently app mechanically pays your lease, splits payments between you and your roommates, and alerts your landlord when one thing must be fastened.

Roommates can use the Zently app to split housing-related bills. (Courtesyof Zently)
Roommates can use the Zently app to separate housing-associated payments. (Courtesy of Zently) 

If you join the app to your checking account, it begins routinely flagging housing-associated bills — like grocery and utility payments — after which sends cost requests to your roommates for his or her share. If everybody approves the fees, the app provides or subtracts the quantity from everybody’s month-to-month lease contribution. And the app routinely pays your landlord every month — both on-line, or, in case your landlord is extra previous-faculty, it mails them a paper verify at no additional cost.

Zently can also come to the rescue in case your washer is making humorous noises, or your sink is leaking, by sending a restore request on to your landlord. And the owner can use the app to shortly request quotes from hundreds of plumbers, electricians, repairmen, and extra — making it quicker and simpler to get issues fastened.

The app is free for renters, nevertheless it additionally provides landlords a property administration service for $forty nine a month — which co-founder and CEO Sachit Kamat says is as much as 70 % cheaper than conventional companies. That’s a financial savings he’s now seeing landlords move on to their tenants.

“That’s what we’re making an attempt to do,” Kamat stated, “is convey down the price of renting.”

The place they stand: Zently launched in July and is now out there all through the Bay Space. The corporate raised $1.6 million in seed funding over the summer time, and is rising at about 200 % month over month, Kamat stated.

Study extra at zently.com.

What is going to they consider subsequent?

Packing a lunch looks like a easy exercise — throw a peanut butter sandwich, an apple and a few cookies in a paper bag and also you’re good to go.

However a brand new San Francisco-based mostly startup is including a excessive-tech spin to the duty. Teuko’s on-line platform presents a social group the place you’ll be able to commerce lunch-packing ideas with different individuals, a platform to retailer and monitor your lunch concepts, an mechanically generated grocery record and elective grocery supply.

Consider it as Pinterest meets Instacart.

“Should you pack lunch bins, Teuko was made for you,” the web site says. “We join lunchbox makers and improve their lunch packing expertise.”

Teuko’s providers have been on show Monday at TechCrunch Disrupt in San Francisco. To study extra or enroll, go to teuko.com.


Variety in tech advocate Ellen Pao weighed in Wednesday on the creation of the “tech bro.” The Silicon Valley scene shifted from “nerd tradition” to “frat tradition” round 2008, when nobody needed to work on Wall Road anymore, Pao stated throughout an look on The Day by day Present to advertise her new e-book, “Reset: My Battle for Inclusion and Lasting Change.” On the similar time, individuals began making a ton of cash in tech.

“Sooner or later individuals stopped going to Wall Road they usually began coming to Silicon Valley,” she stated. “And that tradition of greed, that sort of cool frat boy tradition, got here into Silicon Valley.”

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