Tenvale Series A

Proptech pitch deck example for a rental platform

A proptech investor wants to know whether the saving is real and whether the sale repeats. Tenvale is invented, and its eleven slides prove the first with a paired study on the same properties and the second with a monthly line of active agencies.

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TENVALE

Series A, February 2027

Inspections and bonds, 18,400 tenancies

Rental inspection, condition reports and bond claims for Australian agencies.

Ruby Oyelaran

Co-founder and Chief Executive

NSW and VIC

Slide 1 · cover · State the business in one line and put the tenancy count on the cover.

THE JOB

Ninety minutes a property

A routine inspection is a legal act. A property manager drives out, photographs every room, notes the condition of each item, compares it to the entry report and produces something that holds up if the bond is disputed a year later. On paper that takes about 90 minutes including the write up. A manager with 140 properties owes 560 inspections a year, which is 840 hours, more than half a working year on one task. So the write up slips, the photographs stay in a camera roll, and the report that decides a bond claim is thinner than the law expects.

01
The report decides bonds

A bond dispute is settled on the entry and exit reports. A thin report loses the claim, and the agency wears the difference or the landlord leaves.

02
The work is unbillable

Inspections sit inside a management fee that does not move with how long they take, so every extra minute comes straight off the agency margin.

02

Slide 2 · intro · Why inspections are the bottleneck, written as one long argument rather than bullets.

What Tenvale does

Four jobs, one app, one report at the end of it.

01
Room by room capture

The app walks the manager through the rooms the entry report listed, in the same order, so nothing is missed and nothing is invented. Photographs attach to the item, not to a camera roll.

02
Compared to entry

Each item is shown beside its entry condition and its entry photograph. The manager marks same, better or worse, and only the worse ones need a note.

03
Report built on the way out

The report is finished when the manager closes the front door. No desk write up, and the tenant gets their copy the same afternoon rather than the next week.

04
Bond claim assembled

At the end of a tenancy the claim is built from the entry and exit reports already in the system, with the photographs and dates attached in the order a tribunal reads them.

03

Slide 3 · pillars · What the product does, in four parts, each one a thing a property manager stops doing.

One inspection, six steps

Timings are the median across 41,000 inspections completed in the app in 2026.

1

Arrive

The app opens on this property, entry report loaded.

2

Walk

Rooms in entry order. Shoot, tap same or worse, move on.

3

Note

Only items marked worse need a note. Median four.

4

Sign

Signed on the phone at the front door. No paperwork.

5

Send

Tenant and owner copies go out before the car door shuts.

6

File

Filed against the tenancy, indexed for a later claim.

Median 25 minutes on site, and nothing waiting at the desk

04

Slide 4 · process · One inspection as six timed steps, so the 25 minute claim is auditable.

Where the time goes

A three bedroom house, routine inspection. Median minutes, measured both ways on the same properties.

Step
On paper
In Tenvale
Saved
Prepare the entry report
8 min
0 min
8 min
Walk and photograph
26 min
17 min
9 min
Write condition notes
19 min
5 min
14 min
Match photos to items
14 min
0 min
14 min
Type up at the desk
21 min
0 min
21 min
Send to tenant and owner
2 min
3 min
None
Total
90 min
25 min
65 min
Measured across 280 paired inspections in 2026, same managers, same properties, four weeks apart.

05

Slide 5 · comparison · Where the 65 saved minutes come from, step by step, so it is not one blunt claim.

Where Tenvale is

Revenue is a single price per tenancy per month, so the revenue line and the tenancy line are the same line. Growth comes from agencies moving their whole rent roll across at once rather than property by property, which is why the monthly rate holds at seven percent across a year and a half.

18,400

Tenancies under management

$3.1M

Annualised revenue

7%

Tenancy growth a month

06

Slide 6 · metrics · The three numbers an investor holds on to, with the growth rate explained rather than asserted.

Active agencies, eighteen months

340 agencies today at a median of 54 tenancies each, with agency churn of 2 percent a year.

Apr 25
Jun 25
Aug 25
Oct 25
Dec 25
Feb 26
Apr 26
Jun 26
Aug 26
Oct 26
085170255340
Active agencies

07

Slide 7 · metrics · Active agencies over eighteen months, the number that tells you whether the sale repeats.

One price per tenancy

Billed monthly on the tenancies live that month. An agency that loses a property stops paying for it that month.

Tenvale

$14

per tenancy

Per month, inspections and bond claims included

Book a demo

Included, not extra

Unlimited inspections a year
Entry, routine and exit reports
Bond claim assembly and export
Onboarding of the existing rent roll

08

Slide 8 · pricing · One price, said plainly, with what is not charged for listed underneath.

The next two states

Queensland first, then Western Australia. Each needs a different condition report and a different bond authority.

Queensland

The pool

About 640,000 managed tenancies, with the largest agencies already asking.

The work

Entry condition report form, bond lodgement and the dispute pathway.

Western Australia

The pool

About 310,000 managed tenancies, concentrated in one metropolitan area.

The work

Separate property condition report and a different bond administrator.

What carries over

The product

Capture, comparison and report building are the same in every state.

The sale

One agency at a time, whole rent roll, the same 11 week sales cycle.

What does not

The forms

Every state prescribes its own condition report wording and its own claim form.

The timing

Notice periods and claim windows differ, so the reminders are rewritten per state.

09

Slide 9 · framework · The two state expansion as a grid, so the tenancy pool and the legal work are visible side by side.

The ask

Enough to open two states and hold the seven percent monthly rate through the move.

$6M

Series A, to 60,000 tenancies across four states by the end of 2029

$2.4M

Two state launch

Forty percent. State specific forms, bond authority integrations and a small team in Brisbane and Perth.

$1.5M

Product

Twenty five percent. Bond claim assembly, tribunal export and the owner portal agencies keep asking for.

$1.5M

Sales and onboarding

Twenty five percent. Six sales people and four onboarding specialists, since a rent roll migration is a project.

$0.6M

Working capital

Ten percent. Agencies pay monthly in arrears and onboarding is delivered before the first invoice.

10

Slide 10 · investment · Six million in four lines, with the state launch share sized against the tenancy pool it opens.

Talk to Tenvale

Cohort data by agency, the paired inspection study and the state rollout plan are all available.

Investors

ruby@tenvale.example

Agencies

hello@tenvale.example

Phone

+61 2 7010 6610

Office

Surry Hills, NSW

11

Slide 11 · closing · Close with four ways to get the numbers, since an agency buyer and an investor want different files.

The structure

What each slide is doing, so you can reuse the order even with different content.

Slide 1cover
State the business in one line and put the tenancy count on the cover.
Slide 2intro
Why inspections are the bottleneck, written as one long argument rather than bullets.
Slide 3pillars
What the product does, in four parts, each one a thing a property manager stops doing.
Slide 4process
One inspection as six timed steps, so the 25 minute claim is auditable.
Slide 5comparison
Where the 65 saved minutes come from, step by step, so it is not one blunt claim.
Slide 6metrics
The three numbers an investor holds on to, with the growth rate explained rather than asserted.
Slide 7metrics
Active agencies over eighteen months, the number that tells you whether the sale repeats.
Slide 8pricing
One price, said plainly, with what is not charged for listed underneath.
Slide 9framework
The two state expansion as a grid, so the tenancy pool and the legal work are visible side by side.
Slide 10investment
Six million in four lines, with the state launch share sized against the tenancy pool it opens.
Slide 11closing
Close with four ways to get the numbers, since an agency buyer and an investor want different files.

Slide by slide

Slide one puts the tenancy count on the cover. Slide two is a single long argument about what 90 minutes a property does to an agency. Slide three is the four jobs the app does. Slide four walks one inspection in six timed steps. Slide five is the paired study table that explains the 65 minutes. Slide six is tenancies, revenue and monthly growth with the pricing logic written beside them. Slide seven is active agencies over eighteen months. Slide eight is the single price per tenancy and what is not charged for. Slide nine is the two state expansion as a four panel grid. Slide ten splits six million four ways. Slide eleven gives investors and agencies separate ways to get in touch.

How to adapt this deck

A platform selling to landlords directly rather than to agencies drops the agency line chart and replaces it with property count, because there is no rent roll to migrate and the sales motion is entirely different. A company operating in one country with a single tenancy law cuts the expansion grid to one panel and uses the space for a second product line. A deck aimed at a strategic acquirer rather than a venture fund moves the paired inspection study to second, since an acquirer is buying the measured saving and already understands the market.

What this audience asks for

New South Wales Fair Trading publishes what a condition report has to record and how a bond claim is decided, and the Queensland Residential Tenancies Authority publishes its own equivalent with different forms and different timing. Reading the two side by side is the fastest way to understand why a state expansion in this sector is a product change rather than a marketing exercise, and it is also the check an experienced property investor will run on an expansion slide. A deck that names the forms and the notice periods that differ has already answered the question that ends most of these conversations.

What makes this deck work

The time saving is itemised, not asserted

Slide five is a seven row table that adds to 65 saved minutes, and one of those rows shows the app being three minutes slower at sending the report. A saving broken into steps that do not all point the same way is much harder to dismiss than a single headline figure.

Revenue and tenancies are the same line

Slide six states that the price is 14 dollars per tenancy per month, so the revenue line and the tenancy line cannot diverge. 18,400 tenancies at that price is 3.09 million, which is the 3.1 million on the card. Nothing else has to be taken on faith.

The expansion slide separates what carries over

Slide nine splits Queensland and Western Australia into the tenancy pool and the legal work, then adds two rows for what carries over and what does not. Every state expansion pitch claims the product is the same everywhere. This one names the forms and the notice periods that are not.

Questions people ask

What goes in a proptech pitch deck?

The job that is slow today, what the product does about it, a measured comparison, the units under management, the revenue those units produce, the price, the expansion plan and the ask. This example uses eleven slides and spends two of them on the inspection itself.

How do I prove a time saving to an investor?

Run the same task both ways on the same properties and publish the steps. This deck compares 280 paired inspections in 2026, same managers, same properties, four weeks apart, and breaks 90 minutes against 25 into seven steps. A single before and after number with no method is treated as marketing.

Why price per tenancy rather than per user?

Because the tenancy is the unit the agency is paid on, so the bill moves with the agency revenue rather than with its headcount. It also makes the revenue line easy to audit: multiply tenancies by price. Per seat pricing in this market punishes an agency for hiring and gets negotiated every year.

How many slides should a proptech deck be?

Ten to twelve. This one is eleven. Property software decks tend to balloon because every state has a different rule set, and the discipline is to put the differences on one framework slide rather than spreading them through the deck.

What do property investors ask about first?

Agency count and agency churn, before tenancy count. An agency that leaves takes its whole rent roll, so the number of agencies is the real risk measure. This deck puts 340 agencies, 54 tenancies each and 2 percent churn on the chart slide for exactly that reason.

Does a state by state expansion need its own slide?

In Australia, yes. Each state prescribes its own condition report and bond authority, so an expansion is a product change and not just a sales hire. This example gives it a four panel framework slide and names the two things that do not carry over.

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Sources

Written and checked by the OneCraft team. Last checked .