Baselane, the banking and financial platform purpose-built for real estate investors, announced it has raised a total of $34.4 million in new funding, including a recently closed $20 million Series B led by Thomvest Ventures and a previously unannounced $14.4 million Series A led by Matrix Partners. The funding milestone coincides with the launch of Baselane Smart, a subscription-based suite of AI-powered automation tools designed to give landlords greater control, efficiency, and insight into their rental property finances.

Launched in 2022, Baselane has experienced more than 900% growth since its Series A financing and now supports more than 50,000 real estate investors across the United States. Individual investors own more than 25 million rental units — half of the U.S. residential rental supply — and represent a growing class of sophisticated, tech-savvy landlords scaling beyond single properties. Baselane has emerged as the new financial backbone of the evolving rental economy, replacing a fragmented landscape of non-specialized tools that forced landlords to juggle between spreadsheets, payment apps like Zelle^®, accounting software, personal checking accounts, and more. Baselane consolidates and simplifies financial workflows with its powerful, purpose-built platform for real estate investing, integrating everything from banking and bookkeeping to rent collection and tax reporting.

"Real estate investors don't want to be accountants; they want to focus on building passive income without drowning in manual admin work," said Mathias Korder, Co-Founder and CEO of Baselane. "We built Baselane to give landlords back time and control. By automating the financial back-office, we're helping them save 5, 8, even 12 hours a week — while still staying on top of cash flow and helping them manage larger portfolios without adding more work."

Baselane will use the new round of funding to scale its go-to-market efforts and accelerate product innovation, transforming how individual real estate investors operate and make decisions. Starting with the launch of its first subscription-based product, Baselane Smart, the company will introduce AI and automation to streamline tasks like transaction categorization, receipt matching, and proactive fund transfers to cover bills. Empowered by software that delivers institutional-grade insights traditionally reserved for large-scale investors, individual landlords will gain deeper financial visibility, reduce manual financial busywork, and make faster, more informed property decisions, freeing up time to focus on what matters most.