OpenRent

London, United Kingdom Founded: 2012 • Age: 14 yrs Minicorn
Tenants and landlords are connected via an online rental platform.

About OpenRent

OpenRent is a Real Estate & Construction company based in London (United Kingdom) founded in 2012. Tenants and landlords are connected via an online rental platform. OpenRent has raised $7.3 million across 3 funding rounds from investors including Northern & Shell, Global Founders Capital and CVC. The company has 27 employees. OpenRent was last valued at $5.3 million in August 2014. Its website openrent.co.uk draws about 5.7 million monthly visits. Its focus areas include Consumer, Residential Real Estate Tech, Online Brokers and Real Estate and Construction Tech. Its legal entity is OPENRENT LTD.

Company details

OpenRent was founded in 2012 in London, United Kingdom, and operates within the property rental sector. An online platform is provided to connect tenants and landlords, with services including enquiry management, contract signing, and deposit handling. Landlord options range from free basic services to 49 for advertising and tenancy setup. A 20 fee is charged to tenants for referencing when requested by landlords.

  • Headquarters London, United Kingdom
  • Employees 27
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Website category Business and Consumer Services · Real Estate
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website openrent.co.uk
  • Social LinkedIn X Facebook Instagram
  • Legal Name Openrent Ltd
  • Date of Incorporation 23 Aug, 2011
  • Jurisdiction LONDON, UNITED KINGDOM
Key Metrics
  • Total Equity Funding
    $7.3M (USD)

    in 3 rounds

  • Investors
  • Employee Count
    27

Funding Insights of OpenRent

OpenRent has successfully raised a total of $7.3M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $7.3M
  • Total Rounds 3
  • First Round $1.9M

    (Aug 2014)

  • Investors Count 3

All 3 funding rounds of OpenRent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2026Private Equity Round––
Mar 2017$5.4MSeries A––
Aug 2014$1.9MSeed$5.3M–
Valuation history
DateValuationStage
Aug 2014$5.3Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $5.3M (Aug 2014). 3 investors in total: 3 institutional.

Investors in OpenRent

OpenRent has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Northern & Shell, Global Founders Capital and CVC.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage startups
globalfounderscapital.comBerlin, Germany
cvc.com
Magazines and newspapers are published by the group.
1974northernandshell.co.ukLondon, United Kingdom
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Investor details for OpenRent

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People of OpenRent

10 people are tracked at OpenRent (2 in leadership, 8 in team); the tracked headcount is 27.

NameRoleGroup
Darius Bradbury
FounderLeadership
Tilly Thorneycroft
Head of PeopleLeadership
Matthew Claydon
Customer Experience and Product DevelopmentTeam
Leo Penry
Customer experience and product developmentTeam
Thomas Wilkinson
Product First UX / UI Developer At OpenrentTeam
Daniel Williams
Product and Customer DevelopmentTeam
Katie Evinson
Product SpecialistTeam
Lisa Chen
Product Development and Customer ExperienceTeam
Joseph Rees
Customer and Product DevelopmentTeam
Oliver Coltart
Product DeveloperTeam
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Timeline of OpenRent

4 dated milestones of OpenRent across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded OpenRent is founded.
  2. Funding First funding round of $1.9M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Private Equity Round,.

Web traffic of OpenRent

The website of OpenRent (openrent.co.uk) receives about 5.7M visits a month and ranks #9,116 among all websites worldwide, #251 in Real Estate.

  • Monthly visits
    5.7M

    ▲ 36.7% vs previous month

  • Unique visitors
    1.1M

    per month

  • Global rank
    #9,116

    among all websites

  • Category rank
    #251

    Business and Consumer Services · Real Estate

Similar websites

Websites whose visitors overlap most with OpenRent. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
onthemarket.com
100%
18.7M#2,493View details
zoopla.co.uk
93%
29.7M#1,359View details
rightmove.co.uk
90%
80.8M#311View details
housesforsaletorent.co.uk
housesforsaletorent.co.uk
83%
#51,470–
primelocation.com
82%
1.4M#37,678View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Openrent

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Frequently Asked Questions about OpenRent

OpenRent was founded in 2012 and raised its 1st funding round 2 years after it was founded.

OpenRent is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

OpenRent is a funded company, having raised a total of $7.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.9M, raised on Aug 2014.

OpenRent has 27 employees.

OpenRent was founded in 2012 in London, United Kingdom, and operates within the property rental sector. An online platform is provided to connect tenants and landlords, with services including enquiry management, contract signing, and deposit handling. Landlord options range from free basic services to 49 for advertising and tenancy setup. A 20 fee is charged to tenants for referencing when requested by landlords.

OpenRent has 3 investors. Key investors include Northern & Shell, Global Founders Capital, and CVC.

The valuation of OpenRent is $5.3M as of Aug 2014.

OpenRent operates through Openrent Ltd.

The website of OpenRent receives about 5.7 million visits a month and ranks #9,116 among all websites worldwide.

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