Crib -Tech-enabled property management solution provider.

Solutions are provided for landlords &

tenants. Offers features including automating business operations, streamlining finances and sales,
tenant communication, booking properties for co-living, and more.

Company Stage
Seed
Total Funding
$2.23M
Latest Funding Round
$1.83M, Seed, Jun 21, 2023
Employee Count
37 as on Aug 31, 2023
Valuation
$2.44M as on Sep 25, 2021
Annual Revenue
$5.04K as on Mar 31, 2022
Competitor Rank
5th out of 527

Who are the investors in Crib?

 Crib has 17 institutional investors including We Founder Circle, Rebright Partners and 91
Ventures.
 Well found is the largest institutional investor in Crib.
 Vijay Shekhar Sharma and 20 others are Angel Investors in Crib.

Competitive landscape of Crib

 Crib has 408 active competitors and it ranks 5th among them.
 51 of its competitors are funded while 19 have exited.
 Overall, Crib and its competitors have raised over $549M in funding across 159 funding
rounds involving 304 investors.
 There is 1 public and 18 acquired companies in the entire competition set.

Who are the top competitors of Crib?

  RentRedi - New York City based, 2016 founded, Series A company
 Avail - Chicago based, 2012 founded, Acquired company

For landlords, Crib offers a SaaS-based solution that drives operational excellence, streamlines
finances and boosts sales making it a go-to platform for rental housing business owners. For
tenants, Crib offers a new-age platform to explore and book properties while enjoying exclusive
discounts

When students and young professionals relocate to another city, they prefer to stay as paying
guests or share rooms in a flat for economic reasons. Landlords usually have single or multiple flats
that are specifically designed for such tenants. It's quite common in cities like Delhi, Bangalore,
Pune, and Kota, among others.
Landlords have traditionally managed tenants by using simple tools for communication or payment
reminders. Tenants, too, rely on the same system, which is both inconvenient and archaic. But what
if there was a better way to keep track of everything?
Crib, a Bengaluru-based startup, is attempting to address this issue by assisting landlords in better
managing their day-to-day operations and finances through a single platform.
Sunny Garg, Shaifali Jain, and Archit Chauhan founded the company in 2021. Garg and Jain
previously co-founded Your-Shell, a student housing company based in Delhi that was later
acquired by Stanza Living.
Tenant onboarding and off-boarding, staff management, complaint management (view, assign, and
close), collections (auto-reminders, auto-receipts, dues creation), payments, inventory
management, and more are all available through Crib. Landlords receive a three-month free
subscription to the app. Landlords must pay a subscription fee after the free subscription expires.
After the free subscription expired, nearly 80% of landlords signed up for the paid version.

The platform also serves tenants, who can use it to share KYC information, pay rent, and manage
complaints (raise, track, and feedback).

The startup currently has over 200 landlords who manage 700 properties with over 50,000 beds.
Bengaluru is currently Crib's largest market, accounting for nearly 95% of traction. By September
2023, the startup hopes to have 1500 paid landlords managing up to 200,000 beds. It will take place
in all major cities, including Delhi-NCR, Dehradun, Kota, Hyderabad, Bengaluru, and Chennai..

The company also revealed its roadmap, which includes expanding Crib into a larger SaaS-based
asset-light platform where users can obtain services such as food, laundry, furniture, and more. In
contrast to other business models that involve owning or leasing inventory, the company intends to
remain asset-light. The model will eventually evolve into a SaaS marketplace in which it will charge
1% of a landlord's total revenue for SaaS and make around 2-3% of revenue from the marketplace.
Crib competes indirectly with platforms such as Stanza Living, which raised more than $100 million
in April 2021. Stanza, another unicorn, is now present in over 24 cities and manages 70,000 beds.

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