What is Rentplus?
Rentplus offers an innovative rent-to-buy model designed to assist lower-income households in achieving home ownership without the need for a deposit. The company provides a unique opportunity for tenants to accumulate 10% of their home's value towards a future purchase. Their services are aimed at registered providers, local authorities, housing developers, and landowners. Rentplus is committed to sustainable development and has received multiple awards for its contributions to affordable housing.
How much funding has Rentplus raised?
Rentplus has raised a total of $127.5M across 2 funding rounds:
Unspecified
$101.6M
Private Equity
$25.9M
Unspecified (2016): $101.6M with participation from BAE Systems
Private Equity (2016): $25.9M led by Crestline
Key Investors in Rentplus
BAE Systems
BAE Systems is a multinational company focused on aerospace, defense, and security, providing advanced technologies and services to government and commercial customers worldwide. The company operates across key global markets with an emphasis on innovation, engineering capability, and integrated solutions.
Crestline
Crestline Investors is a global alternative investment management firm headquartered in Fort Worth, Texas, with a presence in major financial centers around the world. The firm focuses on delivering flexible and innovative investment solutions tailored to meet the evolving needs of institutional and other sophisticated investors.
What's next for Rentplus?
The substantial enterprise-level backing Rentplus has garnered, particularly the recent major strategic investment, positions the company for significant expansion. This capital will likely fuel the scaling of its rent-to-buy model across new regions and potentially enhance its technological infrastructure for managing its unique housing solutions. The focus on partnerships with registered providers, local authorities, and housing developers suggests a strategic growth trajectory aimed at increasing the supply of affordable homes and further solidifying Rentplus's market leadership in innovative homeownership pathways.
See full Rentplus company page
