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. The company aims to simplify the rental process through its innovative platform, bridging the gap between traditional real estate transactions and modern digital solutions. Rentable's focus on creating a seamless user journey positions it as a key player in the evolving proptech landscape.
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 Flyover Capital, 4490 Ventures, and American Family 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
Flyover Capital
Flyover Capital is an investment firm dedicated to supporting technology leaders in the U.S. Flyover region, focusing on early-stage funding and fostering the growth of innovative startups.
4490 Ventures
4490 Ventures is an early-stage venture capital firm specializing in web3 enabled enterprise software, providing capital and company-building expertise to entrepreneurs.
American Family Ventures
American Family Ventures, affiliated with American Family Insurance, invests in companies that align with the insurance group's strategic interests, often in the insurtech and related sectors.
What's next for Rentable?
With its recent major strategic investment, Rentable is poised for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its technology platform, expand its service offerings, and potentially explore new geographic markets. The ongoing backing from strategic investors suggests a strong confidence in Rentable's business model and its capacity to disrupt the rental industry. Future developments may include further integration of e-commerce functionalities and data-driven insights for property management.
See full Rentable company page