What is Rentable?
Headquartered in Madison, Wisconsin, Rentable operates as a real estate technology firm dedicated to providing a streamlined e-commerce rental experience for both renters and property owners. By bridging the gap between traditional property management and digital convenience, Rentable aims to simplify the often complex process of finding and securing rental properties. The company's focus on creating a seamless online platform positions it as a key player in the evolving landscape of property technology, or PropTech.
How much funding has Rentable raised?
Rentable has raised a total of $32.5M across 7 funding rounds:
Other Financing Round
$20K
Other Financing Round
$325K
Private Equity
$922K
Series A
$4.8M
Series B
$3.6M
Debt
$350K
Series B
$22.5M
Other Financing Round (2013): $20K with participation from gener8tor
Other Financing Round (2013): $325K led by gener8tor and Michael Taus
Private Equity (2015): $922K, investors not publicly disclosed
Series A (2016): $4.8M featuring American Family Ventures, Flyover Capital, and 4490 Ventures
Series B (2019): $3.6M, investors not publicly disclosed
Debt (2020): $350K with participation from PPP
Series B (2021): $22.5M led by Susquehanna Growth Equity, Flyover Capital, and 4490 Ventures
Key Investors in Rentable
Susquehanna Growth Equity
Susquehanna Growth Equity is a growth equity fund that focuses on software, SaaS, data, internet, healthcare technology, and financial technology, indicating a strategic interest in Rentable's technology-driven approach to real estate.
Flyover Capital
Flyover Capital is an investment firm dedicated to supporting technology leaders in the central United States, suggesting a regional focus and a commitment to fostering growth in companies like Rentable.
4490 Ventures
4490 Ventures is an early-stage venture capital firm specializing in web3 enabled enterprise software, indicating a forward-thinking investment strategy that aligns with Rentable's innovative PropTech solutions.
What's next for Rentable?
With the recent influx of major strategic investment, Rentable is poised for accelerated growth and further development of its platform. This capital infusion is expected to fuel expansion initiatives, enhance technological capabilities, and potentially broaden its market reach. The company's trajectory suggests a continued focus on innovation within the rental market, aiming to solidify its position as a leader in the PropTech industry and capitalize on emerging opportunities for digital transformation in real estate.
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