reNFT

Phoenix, United States Founded: 2020 • Age: 6 yrs
NFTs are lent and rented via an online P2P marketplace.
Annual revenue - Latest available
Total funding $6.5M 2 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About reNFT

reNFT is a company based in Phoenix (United States) founded in 2020 by Nick Vale. reNFT has raised $6.5 million across 2 funding rounds from investors including Gemini, Animoca Brands and The Sandbox. reNFT offers products and services including reNFT SDK, Rental Marketplace, and Scholarship Automation. reNFT operates in a competitive market with competitors including Playdex, UNITBOX, Rentero, StreamMoney and RentaFi, among others.

  • Headquarter Phoenix, United States
  • Founders Nick Vale
  • Sectors
    Financial Services
    Technology
  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Jul 26, 2022

  • Investors
    Gemini

    & 14 more

  • Employee Count
    Not available
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Products & Services of reNFT

reNFT offers a comprehensive portfolio of products and services, including reNFT SDK, Rental Marketplace, and Scholarship Automation.

Product name locked
Category locked
Primary

Enables seamless integration for NFT rental functionalities in applications.

Product name locked
Category locked
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Facilitates collateral-free rentals of digital assets like games and art.

Product name locked
Category locked
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Automates earnings splits for NFT-based scholarships in gaming.

People of reNFT

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Luka Krcmar
Product Designer

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Funding Insights of reNFT

reNFT has successfully raised a total of $6.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in July 2022. 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.

Investors in reNFT

reNFT has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Gemini, Animoca Brands and The Sandbox.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Blockchain startups are invested in by gCC venture capital fund.
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Venture capital firm focused on non-fungible tokens and associated assets
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Morningstar Ventures is engaged in digital asset and blockchain investments.
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Investor details for reNFT

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by reNFT

Investments
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Investment portfolio details for reNFT

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - reNFT

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Detailed financials for reNFT

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  • Profit trends
  • Statement rows
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Renft Comparisons

reNFT Primary company
Description
NFTs are lent and rented via an online P2P marketplace.
Location
Phoenix, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for reNFT

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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Competitors of reNFT

reNFT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Playdex, UNITBOX, Rentero, StreamMoney and RentaFi, among others.

Company Name Domain Founded year HQ Location Description
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NFTs are rented and traded on an online marketplace platform.
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Manages a digital hub for NFT rental protocols in the GameFi ecosystem.
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NFTs are lent and rented via a specialized platform.
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NFT financialization and conditional ownership protocol
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Offers an online platform for renting utility NFTs, with no funding raised yet.
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Detailed competitors of reNFT

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  • Domains and locations
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Latest news on Renft

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Complete news archive for reNFT

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about reNFT

reNFT was founded in 2020 and raised its 1st funding round 1 year after it was founded.

reNFT is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.

reNFT is a funded company, having raised a total of $6.5M across 2 funding rounds to date.

reNFT was established in 2020 in Phoenix, United States, as an online platform in the NFT sector. A peer-to-peer marketplace is provided for users to lend and rent non-fungible tokens. Multiple NFTs can be rented simultaneously with durations customized by users. Additional features such as NFT rewards and platform updates are included to support operations.

reNFT's top competitors include Playdex, StreamMoney and Rentero.

reNFT offers reNFT SDK, Rental Marketplace, and Scholarship Automation.

reNFT has 15 investors. Key investors include Gemini, Animoca Brands, The Sandbox, OpenSea, and Every Realm.

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