This RE startup is trying to eliminate the rental broker

A Silicon Valley real estate tech startup says its artificial intelligence technology will change the risk calculus for rental landlords. It also claims it can find a qualified tenant faster than a traditional broker.

Palo Alto-based Keyo said Monday it’s guaranteeing that its landlord clients are paid for every month of a lease, even if the tenant defaults or leaves early. The company has a network of 2,700 apartments in New York City and claims to have collected more than $3.5 million in guaranteed rent payments.