About Rentfusion
Rentfusion is a company based in Chicago (United States) founded in 1994 was acquired by Abcomrents in September 2015.. Rentfusion has completed 1 acquisition, including SmartSource. Rentfusion offers products and services including Managed IT Services, Equipment Rentals, and Event Production. Rentfusion operates in a competitive market with competitors including Choose 2 Rent, among others.
- Headquarter Chicago, United States
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Abcomrents
(Sep 04, 2015)
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Products & Services of Rentfusion
Rentfusion offers a comprehensive portfolio of products and services, including Managed IT Services, Equipment Rentals, and Event Production. 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.
Offers ongoing IT management and cybersecurity for businesses.
Provides AV and IT equipment for events and temporary needs.
Delivers audio-visual and digital solutions for live events.
Funding Insights of Rentfusion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rentfusion
Rentfusion has secured backing from 1 investor. Prominent investors backing the company include SmartSource. 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 |
|---|---|---|---|---|
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IT equipment and accessories are rented, resold, and integrated offline.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rentfusion
Rentfusion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SmartSource. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IT equipment and accessories are rented, resold, and integrated offline.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Rentfusion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rentfusion Comparisons
Competitors of Rentfusion
Rentfusion 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 Choose 2 Rent, 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 |
Provides technology equipment rentals and services for events with worldwide delivery and support.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Rentfusion
When was Rentfusion founded?
Rentfusion was founded in 1994.
Where is Rentfusion located?
Rentfusion is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Rentfusion do?
Rentfusion is an online rental platform offering IT equipment to SMEs and Large Enterprize companies. The products offered by the platform include audiovisual equipment, plasma screens, servers, laptop, video wall, projector, macbook, tablet and PC rentals to throughout the US. The company distributes the equipment through its rental distribution centers in Chicago, Orlando, Las Vegas, New York, and New Jersey.
Who are the top competitors of Rentfusion?
Rentfusion's top competitors include Choose 2 Rent.
What products or services does Rentfusion offer?
Rentfusion offers Managed IT Services, Equipment Rentals, and Event Production.
How many acquisitions has Rentfusion made?
Rentfusion has made 1 acquisition, including SmartSource.
Who are Rentfusion's investors?
Rentfusion has 1 investor. Key investors include SmartSource.