Cozy, a San Francisco-based startup that hopes to revolutionize the way landlords and renters work together, is today launching into private beta with $1.5M in funding from Social+Capital Partnership, Google Ventures (Kevin Rose) and a number of angels, including Gary Vaynerchuk.

Targeting an industry that has quite a bit of pain points, Cozy believes its service is the simplest way for landlords and renters to manage their rentals online. For landlords, Cozy offers tools that help speed up the applicant screening process, and then lets renters set up automatic monthly payments. For an industry where mailing in checks every month is the norm, we can’t help but imagine how nice it would be to set up reoccurring payments and never have to stress about late fees.

As you can see in the screenshot below, Cozy’s sleek dashboard brings together a number of properties, showing you who’s paid rent, who’s late and what applications are up for review.

Cozy’s ambitious goal of fundamentally changing rental real estate wont be accomplished overnight, but given how useful a scalable tool like this could be for landlords across the US and internationally, the startup is certainly on track to make an impact.

If you’re a landlord and want to try Cozy out, visit the link below to sign up for the beta.

➤ Cozy