Rentberry Inc.

Last updated
Rentberry Inc.
IndustryApartment search engine
Founded2015
HeadquartersSan Fancisco,
USA
Website https://rentberry.com/

Rentberry, Inc. is a global home rental platform based in San Francisco, USA and founded in 2015. [1] [2] [3] [4] It was highly criticized and got controversial reviews from the US press such as Vanity Fair, [5] The Wall Street Journal, [6] The Independent, [7] HuffingtonPost, etc.

Contents

Rentberry is included in the list of top 10 real-estate startups (2018) [8] and 30 best startups (2021) according to Forbes Ukraine. [9] It is also included in the list of TOP 20 Proptech Companies according to Proptech Outlook (2022). [10]

Overview

Rentberry is a worldwide rental platform [11] [12] [13] The users (tenants) can bid on their rent with the help of the platform. [14] In 2015, Rentberry product prototype raised first investments from 12 international investors. [15] [16] The platform covered only Los Angeles and New York at that time. [17] In 2017, the company announced partnership with ListHub, Realtor.com and Walk Score to bring together rental billboards and later raised $4.5 million. [18] [19] [20]

In 2020, Rentberry had 4 million users and over 11 million processed properties. [21] [22]

In 2021, Rentberry started offering a Flexible Living concept that allows people to rent a fully furnished apartment or other real estates in a city of their choice for a short term, from 3 months to a year. [23] [24]

In 2022 Rentberry raised capital through a Regulation A offering on the equity crowdfunding platform StartEngine. The campaign has raised over $11.3 million from about 7,000 retail investors. [25] [26] [27]

On April 4, 2022, Rentberry released a new feature dedicated to helping connect displaced Ukrainians searching for temporary rentals with landlords willing to provide their properties to refugees and others in need. [28]

See also

Related Research Articles

<span class="mw-page-title-main">Yandex</span> Russian multinational technology company

Yandex LLC is a Russian multinational technology company providing Internet-related products and services, including an Internet search engine called Yandex Search, launched in 1997, information services, e-commerce, transportation, maps and navigation, mobile applications, and online advertising. Yandex Holding Company was incorporated in 2000. As of 2016, it primarily served audiences in Russia, Kazakhstan, Belarus, Turkey and countries with significant Russian-speaking population.

<span class="mw-page-title-main">JLL (company)</span> Real estate consultancy firm

Jones Lang LaSalle Incorporated (JLL) is a global real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals, as well as technology products through JLL Technologies, and VC investments via its PropTech fund, JLL Spark. The company is ranked 190 on the Fortune 500.

<span class="mw-page-title-main">Payoneer</span> Financial services company

Payoneer Global Inc. is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American payment technology company

Stripe, Inc. is an Irish multinational financial services and software as a service (SaaS) company headquartered in Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

<span class="mw-page-title-main">Companisto</span> Equity-based crowdfunding website

Companisto is an international equity-based crowdfunding website. It was founded by the lawyers David Rhotert and Tamo Zwinge in June 2012, in Berlin. Companisto allows investors to invest in startups. In return, they become shareholders and are entitled to a share of any profits, as well as potentially benefiting from an exit. Companisto has over 140.000 investors from 92 countries. It is Germany's largest network for investments in start-ups and growth companies.

<span class="mw-page-title-main">Andrey Kolodyuk</span> Ukrainian businessman

Andrey Kolodyuk is a Ukrainian entrepreneur and an investor. The founder of the Aventures Capital Venture Fund and OTT service Divan.tv.

<span class="mw-page-title-main">GitLab</span> Open-source Git software package

GitLab Inc. is an open-core company that operates GitLab, a DevOps software package which can develop, secure, and operate software. The open source software project was created by Ukrainian developer Dmytro Zaporozhets and Dutch developer Sytse Sijbrandij. In 2018, GitLab Inc. was considered to be the first partly-Ukrainian unicorn.

Property technology is used to refer to the application of information technology and platform economics to the real estate industry. Property technology overlaps with financial technology, including uses like online payment and booking systems.

Let's Enhance is a Ukrainian start-up which develops an online service driven by artificial intelligence which allows improving images and zooming them without losing quality.

<span class="mw-page-title-main">Fifth Wall (firm)</span>

Fifth Wall is a venture capital firm founded in 2016 by Brendan F. Wallace and Brad Greiwe. It manages the largest fund specialized in real estate technology The firm's name refers to a fifth wall of technology it provides in addition to the four physical walls of a building. It is part of an emerging category of "PropTech" investors. Major financial backers include large real estate industry companies that agree to be matched with the products and services of the firm's portfolio of start-up companies. The firm has separate funds for investments in emerging retail brands and climate technology to help real-estate companies reduce carbon emissions from their buildings.

<span class="mw-page-title-main">Almaz Capital</span> International venture fund

Almaz Capital is a global VC fund headquartered in Portola Valley, California, United States investing in early stage, capital efficient technology companies in high-growth sectors. Almaz Capital focuses on disruptive deep tech companies in b2b software space, including AI/ML and Blockchain applications, IoT and Edge Computing Enablers, Cybersecurity, etc. Since its foundation the firm's portfolio has included about 50 companies, with more than 300 million US dollars invested in them.

Maksym "Max" Polyakov is an international technology entrepreneur, investor, economist, and philanthropist. Polyakov is a general partner in the venture fund Noosphere Ventures Partners LP which invests in a number of technology companies over the global scale.

Roofstock is an Oakland-based Fin-tech startup founded by Gary Beasley who serves as the CEO, Gregor Watson who serves as the Chairman and Rich Ford who serves as the Chief Development Office. The startup was established in 2015.

Lokalise is a cloud-based localization and translation management system for agile teams. The company was founded in Riga, Latvia, and is a distributed company; all employees are remote workers. It has over 300 employees from over 25 countries.

<span class="mw-page-title-main">Republic (fintech)</span> American crowdfunding broker

Republic is an investment platform headquartered in New York City that allows individuals to invest in startups, growth-stage pre-IPO companies, real estate, video games, and crypto companies.

<span class="mw-page-title-main">VistaCreate</span> Online graphic design platform

VistaCreate is an online graphic design platform for non-designers, launched in 2016. As of 2022, it has more than 10 million users in 192 countries.

<span class="mw-page-title-main">JOOBLE</span> Job search engine

Jooble, stylized as JOOBLE is an international job aggregator and job posting search engine founded in 2006.

<span class="mw-page-title-main">Altair Capital</span>

AltaIR Capital is an international venture company founded by Igor Ryabenkiy. The company invests in startups in the US, Israel, and Europe.

Folderly.com is an AI-based email service developed by Belkins. It primarily focuses on facilitation of the email deliveries for business.

References

  1. ↑ "Bidding Website Rentberry May Be the Startup of Your Nightmares". Gizmodo. 2017-04-02. Retrieved 2022-06-16.
  2. ↑ "Rentberry's controversial property bid site expands in US". BBC News. 2017-03-31. Retrieved 2022-06-16.
  3. ↑ "Rentberry Offering Flexible Living Concept in Cities Around the World". finance.yahoo.com. Retrieved 2022-06-16.
  4. ↑ "10 cryptocurrency startups to watch in 2018". Tech News | Startups News. 2018-01-27. Retrieved 2022-06-16.
  5. ↑ "A Start-Up that Lets Renters Bid Against Each Other for Apartments Just Launched in America's Two Most Expensive Cities". Vanity Fair. 2016-05-17. Retrieved 2022-06-16.
  6. ↑ Mims, Christopher (2017-04-02). "Want That Apartment? You May Have to Bid for It". Wall Street Journal. ISSN   0099-9660 . Retrieved 2022-06-16.
  7. ↑ "This new startup is making renters bid against each other for the best flats". The Independent. 2016-05-17. Retrieved 2022-06-16.
  8. ↑ Barzilay, Omri. "10 Real Estate Startups To Watch In 2018". Forbes. Retrieved 2023-04-25.
  9. ↑ "30 найкращих стартапів — Forbes.ua". forbes.ua (in Ukrainian). 2021-04-02. Retrieved 2023-04-25.
  10. ↑ "Top 20 Proptech Companies – 2022". proptech.proptechoutlook.com. Retrieved 2023-04-25.
  11. ↑ Br, The Crimson; Studio; Tkachenko, with Alex. "You'll Never Go Broke After Paying the Rental Deposit on Blockchain | Sponsored | The Harvard Crimson". www.thecrimson.com. Retrieved 2022-06-16.
  12. ↑ "Could apartments soon go to the highest bidder in Seattle?". king5.com. Retrieved 2022-06-16.
  13. ↑ Georgiadis, Stavros (2021-09-01). "The 7 Best Startups the Crowd Likes on StartEngine Right Now". InvestorPlace. Retrieved 2022-06-16.
  14. ↑ "Bidding for a bed: Tenants haggle over rent prices on controversial new websites". The Mercury News. 2017-11-25. Retrieved 2022-06-16.
  15. ↑ "Основанный украинцами стартап Rentberry привлек $320 000 от инвесторов из Google, WP Global Partners и Boston Venture Fund – AIN.UA" (in Russian). 2016-08-09. Retrieved 2022-06-16.
  16. ↑ "Украинский стартап Rentberry привлек $845 000 от мировых инвесторов и получил оценку в $3 млн, не имея готового продукта – AIN.UA" (in Russian). 2015-12-02. Retrieved 2022-06-16.
  17. ↑ "Alex Lubinsky, CEO of Rentberry". Property Investor Today. Retrieved 2022-06-16.
  18. ↑ "Ukraine's technology sector charges ahead, increasingly driving economy - KyivPost - Ukraine's Global Voice". KyivPost. 2020-08-20. Retrieved 2022-06-16.
  19. ↑ "Украинские стартапы, которым удалось привлечь инвестиции в тяжелые времена". inventure.com.ua (in Russian). Retrieved 2022-06-16.
  20. ↑ "Алексей Любинский, Rentberry: "Мы привлекли первый миллион в Долине, не имея продукта" – AIN.UA" (in Russian). 2017-11-20. Retrieved 2022-06-16.
  21. ↑ Faridi, Omar (December 29, 2021). "Rentberry, a Global Home Rental Platform, Acquires $5.3M from 2,974 Investors via StartEngine". crowdfundinsider.com. Retrieved April 25, 2023.
  22. ↑ Alois, JD (May 6, 2022). "Long Term Rental Platform Rentberry Tops $8 Million on StartEngine". crowdfundinsider.com. Retrieved April 25, 2023.
  23. ↑ "Rentberry Offering Flexible Living Concept in Cities Around the World". Yahoo Finance. Retrieved 2023-04-25.
  24. ↑ "The Future of Real Estate". Investor's Business Daily. 2022-09-27. Retrieved 2023-04-25.
  25. ↑ "Rental Startup Rentberry Enters Its Last Week Of Funding On StartEngine". Yahoo Finance. Retrieved 2023-04-25.
  26. ↑ Feyisayo, Agbaje. "These Startups Have Raised Over $150 Million From Retail Investors Through Crowdfunding". Benzinga. Retrieved 2023-04-25.
  27. ↑ Ashmore, Faith. "Rentberry CEO Talks To Benzinga About Revolutionizing The Rental Experience". Benzinga. Retrieved 2023-04-25.
  28. ↑ "Rentberry, a San-Francisco-based real estate platform, announces a new feature to support Ukrainian refugees". PRWeb. Retrieved 2023-04-25.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.