Rentandes

Bogota, Colombia Founded: 2000 • Age: 26 yrs Acquired By 23 & Park
Long-term asset leasing and monetization solutions are offered to businesses.
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About Rentandes

Rentandes is a company based in Bogota (Colombia) founded in 2000 was acquired by 23 & Park in June 2019.. Rentandes has raised $6.6 million across 3 funding rounds from investors including The Abraaj Group, Aureos Capital and 23 & Park.

  • Headquarter Bogota, Colombia
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.6 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.6 M (USD), Private Equity Round

    Jun 01, 2009

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    23 & Park

    & 1 more

    (Jun 07, 2019)

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Funding Insights of Rentandes

Rentandes has successfully raised a total of $6.6M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $1.6 million completed in June 2009. 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 Rounds 3
  • Last Round Private Equity Round — $1.6M
  • First Round

    (01 Jun 2008)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2009 Amount Private Equity Round - Rentandes Valuation

investors

Nov, 2008 Amount Private Equity Round - Rentandes Valuation

investors

Jun, 2008 Amount Private Equity Round - Rentandes 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 Rentandes

Rentandes has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include The Abraaj Group, Aureos Capital and 23 & Park. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are managed in emerging markets globally.
Founded Year Domain Location
Private equity investments are directed toward Central Asian middle-market companies.
Founded Year Domain Location
-
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 Rentandes

Investments
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 - Rentandes

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Rentandes Comparisons

Employees
+
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Competitors of Rentandes

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 Rentandes

Frequently Asked Questions about Rentandes

When was Rentandes founded?

Rentandes was founded in 2000 and raised its 1st funding round 8 years after it was founded.

Where is Rentandes located?

Rentandes is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.

Who is the current CEO of Rentandes?

Alejandro Trujillo is the current CEO of Rentandes.

Is Rentandes a funded company?

Rentandes is a funded company, having raised a total of $6.6M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $5M, raised on Jun 01, 2008.

What does Rentandes do?

Provider of long-term asset leasing and monetization solutions. It offers businesses access to productive assets through long-term lease agreements without upfront capital investment. The company also provides a rentback option, allowing businesses to generate liquidity by selling their assets while retaining their use through a lease arrangement. Leasing options encompass various asset types, including automobiles, trucks, construction and agricultural machinery, and specialized equipment. The service aims to reduce administrative costs and offer tax benefits through fully deductible monthly lease payments. The leasing model avoids increasing debt levels, as it does not constitute traditional borrowing.

Who are Rentandes's investors?

Rentandes has 3 investors. Key investors include The Abraaj Group, Aureos Capital, and 23 & Park.

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