Total amount raised
Latest funding date
Location
Rentable is an apartment marketplace that helps renters find apartments, boasting over 8,574,888 listings across more than 300 cities. The platform offers a variety of features, including pet-friendly listings, a rent calculator, and mobile apps with high user ratings.
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, is a prominent player in the real estate industry, specifically focusing on the apartment rental marketplace. Based in Madison, Wisconsin, the platform has grown to cover over 300 cities nationwide.
Designed to assist renters in finding apartments, Rentable offers a user-friendly search interface, verified listings, and tools like a rent affordability calculator. The platform is trusted by millions of users and provides resources for pet-friendly apartments, as well as support for property managers to advertise their listings.
How Much Funding Has Rentable Raised?
- Seed Round
- Amount Raised: $1.5 million
- Date: June 2013
- Lead Investors: 4490 Ventures
- Series A
- Amount Raised: $4 million
- Date: September 2015
- Lead Investors: Flyover Capital
- Series B
- Amount Raised: $7 million
- Date: March 2018
- Lead Investors: Foundry Group
- Series C
- Amount Raised: $10 million
- Date: January 2020
- Lead Investors: Greycroft
In total, Rentable has raised $22.5 million.
Key Investors
- 4490 Ventures
- Details: 4490 Ventures is a venture capital firm based in Madison, Wisconsin. They focus on early-stage investments in technology companies.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: EatStreet, Abodo, Bright Cellars
- Flyover Capital
- Details: Flyover Capital is a venture capital firm that aims to create the next generation of technology success stories in the Midwest. They invest in early-stage technology companies.
- Investment Focus Areas: Technology, SaaS, Fintech
- Notable Investments: PayIt, BacklotCars, TripleBlind
- Foundry Group
- Details: Foundry Group is a venture capital firm based in Boulder, Colorado. They invest in early-stage information technology, internet, and software startups.
- Investment Focus Areas: Information Technology, Internet, Software
- Notable Investments: SendGrid, Fitbit, Zynga
- Greycroft
- Details: Greycroft is a venture capital firm that invests in both consumer and enterprise software companies. They have offices in New York and Los Angeles.
- Investment Focus Areas: Consumer Software, Enterprise Software, Fintech
- Notable Investments: Venmo, The RealReal, Scopely
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