About Rently
Rently is a company based in Beverly (United States) founded in 2011.. The company has 266 employees as of March 30, 2024. Rently offers products and services including Leasing Automation, Self-Guided Tours, Smart Home Access Control, Vacancy Advertising, and Lead Management. Rently operates in a competitive market with competitors including Engrain, NterNow, UTour, TourZazz and Uni View, among others.
- Headquarter Beverly, United States
- Employees 266 as on 30 Mar, 2024
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Rently Software Development Private Limited
- Date of Incorporation 13 Jul, 2018
- Jurisdiction Coimbatore South, Tamil Nadu, India
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Annual Revenue
$3.35 M (USD)63.3as on Mar 31, 2023
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Net Profit
$277.4 K (USD)92.15as on Mar 31, 2023
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EBITDA
$470.35 K (USD)71.49as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
266
as on Mar 30, 2024
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Products & Services of Rently
Rently offers a comprehensive portfolio of products and services, including Leasing Automation, Self-Guided Tours, Smart Home Access Control, Vacancy Advertising, and Lead Management. 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.
Automates leasing tasks to save time and boost efficiency.
Enables secure, independent property tours for prospective renters.
Manages access and monitors activities to enhance property safety.
Promotes available rentals to increase visibility and leads.
Nurtures leads through automated engagement and tracking.
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Software Development Team
105 people
Product Management Team
14 people
Leadership Team
7 people
Sales and Marketing
5 people
Operations Team
5 people
Associate Team
4 people
Human Resources and Administration
4 people
Data Analysis and Operations Team
4 people
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Funding Insights of Rently
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Seed - Rently | Valuation |
investors |
| 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 Rently
Rently has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include M-One 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 |
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M-One Capital is engaged in private equity investments.
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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 Rently
| 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 - Rently
| 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 |
Rently Comparisons
Competitors of Rently
Rently 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 Engrain, NterNow, UTour, TourZazz and Uni View, 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 |
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| domain | founded_year | HQ Location |
Visualization software solutions are provided for real estate sectors.
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| domain | founded_year | HQ Location |
Delivers an app-based solution for home access to property visitors.
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| domain | founded_year | HQ Location |
Online self-guided home tours are offered to real estate professionals.
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| domain | founded_year | HQ Location |
App for scheduling, showing, and engaging in real estate transactions efficiently.
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| domain | founded_year | HQ Location |
A platform for live online viewings of properties, connecting users with local representatives.
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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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Latest news on Rently
Frequently Asked Questions about Rently
When was Rently founded?
Rently was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is Rently located?
Rently is headquartered in Beverly, United States. It is registered at Beverly, Massachusetts, United States.
How many employees does Rently have?
As of Mar 30, 2024, the latest employee count at Rently is 266.
What is the annual revenue of Rently?
Annual revenue of Rently is $3.35M as on Mar 31, 2023.
What does Rently do?
Rently is a provider of a SaaS solution and hardware for managing real estate viewings operating in the USA. The companys solution enables property ownersmanagers to post their property listing on multiple online platforms, receive interest from potential buyersrenters, manage client communications, enable leads to schedule a self-showing broker assisted showing of the property and to manage lockboxes provided by the company. Potential buyersrenters can schedule a showing at a convenient time by paying a 0.99 confirmation fee. In case of self-showings, buyersrenters also receive the code to access the lockbox installed at the property. Property ownersmanagers interested in availing the companys services can do so by registering online.
What products or services does Rently offer?
Rently offers Leasing Automation, Self-Guided Tours, Smart Home Access Control, Vacancy Advertising, and Lead Management.
Who are Rently's investors?
Rently has 1 investor. Key investors include M-One Capital.