About Rentle
Rentle is a company based in Espoo (Finland) founded in 2018 by Toomas Kallioja, Tuomo Laine, and Joel Mikkonen.. Rentle has raised $3.8 million across 1 funding round from investors including Anthemis Group, Tera Ventures and Maki.vc. Rentle operates in a competitive market with competitors including Lizee, Zoa, NEWE, Twice and frenter, among others.
- Headquarter Espoo, Finland
- Founders Toomas Kallioja, Tuomo Laine, Joel Mikkonen
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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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Total Equity Funding
$3.8 M (USD)
in 1 rounds
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Latest Funding Round
$3.8 M (USD), Seed
Sep 19, 2022
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Investors
Anthemis Group
& 5 more
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Employee Count
Employee Count
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Funding Insights of Rentle
Rentle has successfully raised a total of $3.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.8 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $3.8M
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First Round
First Round
(19 Sep 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Rentle | Valuation | Tera Ventures , Anthemis Group |
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| 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 Rentle
Rentle has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Anthemis Group, Tera Ventures and Maki.vc. 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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Early-stage digital startups are funded by tech-focused Tera Ventures.
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Founded Year | Domain | Location | |
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Early and growth-stage startups are funded by Anthemis Group.
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Founded Year | Domain | Location | |
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A venture capital firm based in Helsinki, Finland, is operated.
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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 Rentle
| 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 |
Financial Statements - Rentle
| 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 |
Rentle Comparisons
Competitors of Rentle
Rentle 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 Lizee, Zoa, NEWE, Twice and frenter, 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 logistics and rental services for businesses
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| domain | founded_year | HQ Location |
End-to-end rental solutions for fashion businesses are provided.
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| domain | founded_year | HQ Location |
Rental management services for e-commerce platforms are facilitated by NEWE.
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| domain | founded_year | HQ Location |
Online platform provides software suite solutions for e-commerce retailers
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| domain | founded_year | HQ Location |
SaaS-driven rental management solution for property owners & managers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Rentle
When was Rentle founded?
Rentle was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Rentle located?
Rentle is headquartered in Espoo, Finland.
Who is the current CEO of Rentle?
Tuomo Laine is the current CEO of Rentle. They have also founded this company.
Is Rentle a funded company?
Rentle is a funded company, having raised a total of $3.8M across 1 funding round to date. The company's 1st funding round was a Seed of $3.8M, raised on Sep 19, 2022.
What does Rentle do?
Provider of SaaS-based software suite solutions for rental businesses. The features include multi-channel sales, scheduling rentals, inventory, contracts deposits management, analysis reports, and more. It charges a certain percentage of the rental revenue, depending on the billing period.
Who are the top competitors of Rentle?
Rentle's top competitors include Lizee, Twice and Free Standard.
Who are Rentle's investors?
Rentle has 6 investors. Key investors include Anthemis Group, Tera Ventures, Maki.vc, Mission One Capital, and The Fund.
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