About Rentoza
Rentoza is a company based in Sandton (South Africa) founded in 2017. Rentoza has raised $7.3 million across 3 funding rounds from investors including Alitheia IDF, Vumela and Mineworkers Investment Company (MIC). Rentoza offers products and services including Mobile Phones, Laptops, Televisions, Washing Machines, and Exercise Bikes.
- Headquarter Sandton, South Africa
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.3 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Series A
Sep 05, 2023
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Investors
Alitheia IDF
& 3 more
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Employee Count
Not available
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Products & Services of Rentoza
Rentoza offers a comprehensive portfolio of products and services, including Mobile Phones, Laptops, Televisions, Washing Machines, and Exercise Bikes.
Subscription-based rental of smartphones for daily use.
Devices available via monthly subscriptions for computing needs.
Rental options for smart TVs and media boxes.
Home essentials rented through subscription plans.
Fitness equipment for rent to support home workouts.
People of Rentoza
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Funding Insights of Rentoza
Rentoza has successfully raised a total of $7.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in September 2023. 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.
Investors in Rentoza
Rentoza has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Alitheia IDF, Vumela and Mineworkers Investment Company (MIC).
| Investor | Description | Founded Year | Domain | Location |
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Vumela is focused on supporting SMEs with access to finance.
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A black-owned investment holding company focused on long-term assets.
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Locked | Locked | Locked |
Investor details for Rentoza
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Investments & Acquisitions by Rentoza
Investment portfolio details for Rentoza
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Financial Statements - Rentoza
Detailed financials for Rentoza
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Rentoza Comparisons
Peer comparison for Rentoza
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Competitors of Rentoza
Detailed competitors of Rentoza
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Latest news on Rentoza
Complete news archive for Rentoza
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Frequently Asked Questions about Rentoza
Rentoza was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Rentoza is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Chris Govender is the current CEO of Rentoza.
Rentoza is a funded company, having raised a total of $7.3M across 3 funding rounds to date.
Rentoza was founded in 2017 and is based in Sandton, South Africa. An online platform is operated for renting multi-category consumer products, including appliances, baby equipment, and electronic items. Users are enabled to search for products, select rental dates, confirm availability, and process payments through the system. Operations focus on the consumer goods rental sector within the South African market.
Rentoza offers Mobile Phones, Laptops, Televisions, Washing Machines, and Exercise Bikes.
Rentoza has 4 investors. Key investors include Alitheia IDF, Vumela, Mineworkers Investment Company (MIC), and Startupbootcamp.