You’ve helped us hit another milestone: Cozy now processes over $100,000,000 a year in rent payments. 1.5 years ago, I wrote that we had processed our first $1 million, so it’s fun to know we now do about 2x that every week now. And we’re just getting started.
Cozy’s customer base has grown person by person, business by business, with no sales team. We’re now used by landlords, property managers, and tenants in over 6,000 ZIP codes in the US. That includes essentially every urban area, every suburb, most college towns, and lots of places in between. It’s deeply rewarding to know that we’re enabling people to never have to think about rent or rent-related tasks, and we’re doing it at what is starting to look like substantial scale.
As we’ve grown, we’ve learned a ton about the needs of both landlords and renters when it comes to financial transactions along the rental lifecycle. To that end, we’re actively working with the Cozy customer advisory board on new products to meet those needs, as well as technology to extend Cozy payments far beyond our core services. This summer is going to be awesome.
Thanks for being with us as we’ve grown, and thanks for all the support. The next time I write about this will be when we hit the billion dollar mark. I can’t wait.