About Rentable
Rentable is a company based in Madison (United States) founded in 2011 by Alec Slocum and Adam Olien. It operates as a Two-Sided Marketplace, and Advertising Model. Rentable has raised $33.82 million across 8 funding rounds from investors including Flyover Capital, Gener8tor and Novel Capital. The company has 95 employees as of December 31, 2024. Rentable offers products and services including Apartment Search Platform, Pet-Friendly Listings, and Rent Affordability Calculator. Rentable operates in a competitive market with competitors including Zumper, Dwellsy, HousingAnywhere, Apartments.com and Rent.com, among others.
- Headquarter Madison, United States
- Employees 95 as on 31 Dec, 2024
- Founders Alec Slocum, Adam Olien
-
Sectors
Real Estate & Construction
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Movein, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$33.82 M (USD)
in 8 rounds
-
Latest Funding Round
$22.5 M (USD), Series B
Aug 03, 2021
-
Investors
Flyover Capital
& 6 more
-
Employee Count
95
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rentable
Rentable offers a comprehensive portfolio of products and services, including Apartment Search Platform, Pet-Friendly Listings, and Rent Affordability Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for finding apartments is provided online.
Pet-friendly apartment listings are offered for renters.
A tool for calculating rent affordability is available.
Unlock access to complete
Funding Insights of Rentable
Rentable has successfully raised a total of $33.82M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $22.5 million completed in August 2021. 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 Total Funding
- Total Rounds 8
- Last Round Series B — $22.5M
-
First Round
First Round
(13 May 2013)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - Rentable | Valuation | Susquehanna Growth Equity | |
| Oct, 2019 | Amount | Series A - Rentable | Valuation | Novel Capital | |
| May, 2019 | Amount | Series A - Rentable | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rentable
Rentable has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Flyover Capital, Gener8tor and Novel Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity firm
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Stage agnostic venture capital firm backed by fund of funds
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rentable
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Rentable
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rentable Comparisons
Competitors of Rentable
Rentable 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 Zumper, Dwellsy, HousingAnywhere, Apartments.com and Rent.com, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of a home rental listing platform for residential properties
|
|
| domain | founded_year | HQ Location |
Residential rental properties are listed and searched online by users.
|
|
| domain | founded_year | HQ Location |
Online marketplace for booking accommodations
|
|
| domain | founded_year | HQ Location |
Online platform for searching and listing rental apartments is operated.
|
|
| domain | founded_year | HQ Location |
US property rentals are searched via detailed online listings.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Rentable
Frequently Asked Questions about Rentable
When was Rentable founded?
Rentable was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Rentable located?
Rentable is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Who is the current CEO of Rentable?
Alec Slocum is the current CEO of Rentable. They have also founded this company.
Is Rentable a funded company?
Rentable is a funded company, having raised a total of $33.82M across 8 funding rounds to date. The company's 1st funding round was a Series A of $3.61M, raised on May 13, 2013.
How many employees does Rentable have?
As of Dec 31, 2024, the latest employee count at Rentable is 95.
What does Rentable do?
A comprehensive apartment rental platform is provided by Rentable, serving over 7 million renters across more than 300 cities in the United States. Human-verified listings are updated daily, covering over 9 million apartments. Solutions for pet-friendly rentals and rent affordability calculators are offered. The platform caters to diverse needs, including student housing near college campuses. Property managers and owners are supported through advertising and portfolio listing services.
Who are the top competitors of Rentable?
Rentable's top competitors include Zumper, Apartments.com and HousingAnywhere.
What products or services does Rentable offer?
Rentable offers Apartment Search Platform, Pet-Friendly Listings, and Rent Affordability Calculator.
Who are Rentable's investors?
Rentable has 7 investors. Key investors include Flyover Capital, Gener8tor, Novel Capital, Susquehanna Growth Equity, and 4490 Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.