What it sells
The secondary market for real estate leases
Business model breakdown
Buyer: who owns the budget?
Property management companies (who earn 2% commission) offering the product to their landlord/owner clients; owners are the end borrowers.
Trigger: what makes them buy now?
Owners need cash now; property managers want an extra revenue line without capital risk.
Workflow: what inputs become what output?
Manager connects portfolio (Buildium, Rent Manager sync), Ryse prices each property, owners are invited, owner sells up to 11 months of rent on a 12-month lease for cash today, Ryse funds and collects from pre-sold rent months.
Economics: what it saves and how it charges
Owner pays one flat 10% fee (no interest, origination or prepayment penalty); property manager earns 2% of every dollar advanced; $200M+ funding available, $109M+ funded.
Distribution: how it reaches customers
Sold through property managers (channel), PMS integrations, case studies, demo and get-started signup.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2024 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.