Total amount raised
$34.4 Million
Latest funding date
2021-08-03
Location
Rentable is an apartment marketplace that helps renters find apartments, offering features like verified listings, pet-friendly options, and a rent affordability calculator. The platform is used by more than 7,000,000 renters and includes a highly-rated mobile app.
Keep reading to explore the intricacies of Rentable's fundraising journey and the investors backing this innovative platform.
What Is Rentable?
Rentable, founded in 2012, operates within the real estate industry, specifically focusing on the apartment rental marketplace. The company is headquartered in Madison, Wisconsin, and has expanded its services to over 300 cities across the United States.
Rentable offers a platform with more than 9,730,928 listings, featuring human-verified options, a rent affordability calculator, and pet-friendly apartment searches. The platform is utilized by over 7,000,000 renters, known for its user-friendly interface and reliable search capabilities.
How Much Funding Has Rentable Raised?
- Seed Round
- Amount Raised: USD 20,000
- Date: January 2013
- Seed Round
- Amount Raised: USD 325,000
- Date: May 2013
- Series A
- Amount Raised: USD 1,250,000
- Date: July 2014
- Lead Investors: American Family Ventures
- Seed Round
- Amount Raised: USD 923,000
- Date: April 2015
- Series A
- Amount Raised: USD 4,800,000
- Date: June 2016
- Lead Investors: 4490 Ventures
- Debt Financing
- Amount Raised: USD 500,000
- Date: May 2019
- Series B
- Amount Raised: USD 3,600,000
- Date: May 2019
- Series Unknown
- Date: October 2019
- Lead Investors: Flyover Capital
- Debt Financing
- Amount Raised: USD 500,000
- Date: March 2020
- Series B
- Amount Raised: USD 22,500,000
- Date: August 2021
In total, Rentable has raised USD 34,418,000 across various funding rounds.
Key Investors
- American Family Ventures
- Details: American Family Ventures is the venture capital arm of American Family Insurance, focusing on early-stage investments. They aim to support innovative companies that align with their mission of protecting and restoring dreams.
- Investment Focus Areas: Insurtech, Fintech, Data Analytics
- Notable Investments: Clearcover, Ring, CoverHound
- 4490 Ventures
- Details: 4490 Ventures is a venture capital firm based in Madison, Wisconsin, investing in early-stage technology companies. They focus on supporting entrepreneurs in the Midwest.
- Investment Focus Areas: Enterprise Software, Healthtech, Fintech
- Notable Investments: EatStreet, Abodo, Understory
- Flyover Capital
- Details: Flyover Capital is a venture capital firm that invests in technology companies located in underserved regions. Their mission is to create the next generation of technology success stories in the Midwest.
- Investment Focus Areas: SaaS, Fintech, Healthtech
- Notable Investments: PayIt, BacklotCars, TripleBlind
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