Kera

Phase 1 · The Operating System

Raising $1.5MPlanned pre-seed

Strategy Narrative

The operating system for modern rental operations.

Built for landlords and SMB property managers, engineered to become a city-level rental network.

Kera is building the operating system for SMB rental operations: win daily property-management workflows first, then expand into the full rental lifecycle once density exists.

Confidential · For discussion

getkera.com

The Mission

Make rental operations accessible and efficient with a modern platform that replaces fragmented tools, manual workflows, and stripped-down “lite” software.

The company thesis is simple: modernize the daily operating layer for SMB rental teams first, then turn that operational density into a broader rental network.

The Problem

Rental operations still run on a patchwork of tools.

SMB property managers and hands-on landlords stitch together inboxes, spreadsheets, lightweight tools, and manual reconciliation for leasing, rent, maintenance, documents, and owner reporting.

Vacancy and leasing
Rent and reporting
Maintenance and documents
Broken tradeoff

Incumbents like Yardi, DoorLoop, and Buildium offer depth for larger operators, but SMB teams still face a bad choice between enterprise software they do not fit and stripped-down tools that remove critical workflows.

The Solution Today

PM operations first, lifecycle expansion second.

Kera packages leasing, payments, maintenance, documents, and reporting into one daily operating layer for SMB PM teams.

Today

Leasing

Payments

Maintenance

Documents

Reporting

Next

The long-term goal is not better point software. It is network density: one system of record that keeps tenant identity, workflow history, and local supply connected across moves.

Why Property Management First

The PM wedge gives Kera bulk onboarding, stronger pain, and better density economics.

Bulk supply entry

A single SMB PM can bring 50 to 500 properties, which is far more efficient than landlord-by-landlord onboarding.

Painful status quo

Many PMs still use no purpose-built software, or tools that strip out the workflows they actually need.

System-of-record wedge

Inventory, leasing, rent collection, vendors, and owner reporting all flow through one operational graph.

Strategy Narrative

A true one-stop rental network where PMs run operations, vendors win work, and tenants move within the same platform footprint.

The network turns on when tenants naturally move from one Kera-managed property to another inside the same city footprint.

Lifecycle loop

Discovery
Application
Lease
Move in
Operate
Next rental

What unlocks it

01

Supply density inside a local footprint.

02

Tenant movement across Kera-managed properties.

03

Repeated workflows that make identity and trust portable.

Target Customers & GTM

Start with SMB PM teams in dense Canadian city clusters.

Who matters most

Hands-on landlords

1–20

1 to 20 units, fragmented tools, strong pain, slower density.

SMB property managers

50–500

50 to 500 properties, operational pain today, best distribution and density economics.

City-cluster strategy

Phase 1 starts in one to two Canadian cities where the pipeline is already strongest. Pricing stays intentionally accessible because the first objective is properties onboarded, not short-term revenue extraction.

Pipeline concentration
Onboarding efficiency
Density before discovery

Differentiation

Workflow ownership, not feature count, is the moat.

Why we win

01

Built for SMB workflow simplicity without removing the hard operational work.

02

Daily PM workflow ownership creates the data layer for expansion.

03

Canadian-first execution matters where forms, privacy, payments, and verification are operationally local.

04

The product path compounds from software into network density instead of stopping at feature parity.

Moat framing

The product becomes harder to replace as it owns more daily workflow history, financial records, and migration context.

Accounting Wedge

Canadian-first only matters if it shows up in the hardest workflows.

Accounting wedge

Owner accounting is the hardest trust surface in rental operations. If Kera can close the books cleanly, it becomes much harder to displace.

01

Provincial workflow automation

N-forms, rent notices, deadlines, and province-specific steps built into the workflow rather than layered on later.

02

Privacy & procurement

Canadian data expectations and PIPEDA-ready safeguards matter for PM trust and enterprise-style procurement.

03

Payments reality

EFT and bank transfer workflows need to feel native for Canadian operators and tenants.

04

Screening & verification

Identity and credit flows should fit Canadian leasing realities instead of forcing US-first abstractions.

Partner Program

Partnerships are a density lever, not a branding exercise.

Service partners bring distribution into local PM networks.

Operational workflows create repeat entry points for vendor demand.

Partner motion compounds supply density before consumer discovery is turned on.

AI Strategy

AI only matters if it removes labor safely inside trusted workflows.

AI only matters if it removes labor safely inside workflows operators already trust.

Use AI for migration proposals, inbox/maintenance assistance, and response quality, not for vague automation theater.

Every AI surface needs deterministic validation, auditability, and rollback paths.

Traction

Early signal, real workflows in production.

CA$382.78
Current MRR
Normalized Stripe MRR
CA$4,593.36
Current ARR
Normalized Stripe ARR
$1.5M
Raise target
Planned pre-seed
$100K
6M ARR target
Execution milestone
100+
Properties onboarded
Through a single property manager
15
Direct paying landlords
Early demand signal
CA$60K
Rent processed
Workflow depth in production
76
Active subscribers
Active subscriptions used for MRR

Early signal is still small on financial scale, but the workflow proof is real: direct landlords pay today, and one SMB PM cohort can onboard supply in bulk.

KPI Scoreboard

What management should track monthly to prove Phase 1 is working.

Category
Metric
Why it matters
Supply & density
Doors onboarded
Properties onboarded
Active leases
North-star supply signal
Network readiness
Footprint quality
Throughput
Monthly rent processed
Maintenance tickets created & resolved
Operational depth
Workflow usage
Revenue
MRR & ARR
Gross churn & NRR
Trajectory
Retention quality
Time-to-value
Signup to first rent collected
Time to onboard a PM portfolio
Activation speed
Migration leverage

Risks & Mitigations

What could go wrong, and how the plan is designed around it.

Risk

Accounting depth is hard

Owner accounting requires audit-grade rigor.

Mitigation

Ship in phases with approvals, audit trails, close workflows, and strict validation around financial actions.

Risk

Migration mistakes

Bad imports erase trust on day one.

Mitigation

Use AI proposals behind deterministic validation, exception review queues, and rollback windows.

Risk

Marketplace cold start

Discovery features fail without local density.

Mitigation

Delay network features until city-cluster density and tenant-transfer behavior show up organically.

Risk

Incumbent response

Established players already have feature depth and distribution.

Mitigation

Compete on SMB-first pricing, full-feature stance, speed of iteration, and workflow-led product building.

Team

Founders plus commercial leadership.

Founder & CEO

Jason Matthews

Founder-operator building Kera from firsthand exposure to rental operations pain across family landlords, agents, and local markets.

Co-Founder & CPO

Sagar Patel

Product and design lead focused on turning operational complexity into software that small teams can adopt without training overhead.

Chief Commerce Officer

Rob Sutherland

Commercial operator with experience across three successful exits, now owning partnerships, pipeline, and close execution.

Funding

Raising $1.5M

Use the round to prove repeatable SMB PM acquisition, expand workflow depth, and establish the density conditions for lifecycle expansion.

$1.5M
Raise size
Planned pre-seed
$100K ARR
Target output
ARR milestone
6 months
Window
Target raise; not closed.

Use of Funds

Capital is tied to measurable execution proof.

45%

Product & Engineering

Accounting depth, migration reliability, core PM workflows, and workflow-safe AI tooling.

35%

Commercial Team

Outbound, partnerships, PM pipeline management, and close execution.

20%

Operations Infrastructure

Payments, reporting, implementation support, and internal operating systems.

Round milestones

01

Scale the commercial motion under Rob to improve pipeline quality and close velocity.

02

Deepen PM workflows, accounting rigor, and migration reliability so Kera becomes the daily operating layer.

03

Reach $100K ARR with repeatable SMB PM acquisition and expansion inside the initial city clusters.

The Big End Goal

Become the first true rental operations network at city- and region-level density, where property managers run operations, vendors get discovered through real work demand, and tenants carry identity across Kera-managed properties.

Property managers

Run operations in Kera.

Vendors

Get discovered through real work demand.

Tenants

Carry identity across Kera-managed properties.