Naborly
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Naborly was a Toronto-based credit bureau for the rental industry, founded in 2016 and backed by Y Combinator. It gave landlords and property managers tenant screening — identity, income, employment and background checks — and let tenants build credit by paying rent. At its peak it served more than 40,000 landlords and screened over 1,000,000 tenants across the United States and Canada. On October 26, 2022, SingleKey announced it had acquired Naborly and migrated its users to the SingleKey platform.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Naborly is founded in Toronto to reinvent credit reporting for the rental industry, offering tenant screening beyond traditional credit scores.
- Funding round
Naborly closes a $7.5 million seed round and launches NaborlyShield, a digital service guaranteeing rental income and lease terms.
- Acquisition
On October 26, 2022, SingleKey announces its acquisition of Naborly; Naborly customer accounts are transitioned to the SingleKey platform on November 1, 2022.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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