How Much Did Rentberry Raise? Headquarters, Funding & Key Investors

Rentberry has raised $123.9 million across multiple funding rounds, achieving a latest valuation of $1 billion. The platform offers a comprehensive suite of rental services for both tenants and landlords, including online applications, rent negotiations, virtual tours, and electronic signing of rental agreements.

Keep reading to explore Rentberry’s fundraising journey, key investors, and what’s ahead for this innovative real estate platform.

What Is Rentberry and What Does It Do?

Founded in 2015 by Lily Ostapchuk and Oleksiy Lubinsky, Rentberry is headquartered in San Francisco, California. The company offers a digital rental platform that streamlines the rental process for both tenants and landlords.

Its services include online applications, rent payments, virtual tours, and electronic signing of rental agreements. With a team of 11–50 employees, Rentberry aims to make long-term rentals transparent and efficient, helping properties achieve their true market price while eliminating the hassle of paper-based processes.

How Much Funding Has Rentberry Raised?

1. Seed Round
   • Amount Raised: $1.2M
   • Date: December 2015
   • Motivation: Develop the initial platform and launch the service.
2. Venture Round
   • Amount Raised: $2.8M
   • Date: October 2017
   • Lead Investors: Zing Capital
   • Motivation: Expand platform features and increase market reach.
3. Venture Round
   • Amount Raised: $5.4M
   • Date: March 2019
   • Motivation: Enhance user experience and integrate new technologies.
4. Equity Crowdfunding
   • Amount Raised: $2.5M
   • Date: May 2020
   • Motivation: Support operational costs and marketing efforts.
5. Equity Crowdfunding
   • Amount Raised: $5.4M
   • Date: December 2021
   • Motivation: Scale the platform and enter new markets.
6. Equity Crowdfunding
   • Amount Raised: $11.8M
   • Date: May 2022
   • Motivation: Further develop the platform and enhance service offerings.
7. Equity Crowdfunding
   • Amount Raised: $4.8M
   • Date: November 2023
   • Motivation: Support global expansion and improve platform capabilities.
8. Series A
   • Amount Raised: $90M
   • Date: September 2024
   • Lead Investors: Berkeley Hills Capital, GTM Capital
   • Valuation at Round: $1B
   • Motivation: Fuel expansion, drive innovation, and enable strategic acquisitions.

Total Funding Raised: $123.9M

Latest Valuation (2024): $1B

Key Investors

1. Berkeley Hills Capital
   • Details: Venture capital firm that participated in Rentberry's Series A, investing in high-growth technology startups.
   • Investment Focus Areas: Technology, Real Estate, Fintech
2. GTM Capital
   • Details: Venture capital firm in Rentberry's Series A, focusing on early-stage innovative companies.
   • Investment Focus Areas: Technology, Real Estate, AI
3. Zing Capital
   • Details: Led Rentberry's venture round in October 2017, specializing in startups with disruptive technologies.
   • Investment Focus Areas: Technology, Healthcare, Consumer Goods
4. 369 Growth Partners
   • Details: Venture capital fund investing strategically in high-potential startups like Rentberry.
   • Investment Focus Areas: Technology, Real Estate, E-commerce
5. Innova Capital Partners
   • Details: Provides growth capital to innovative companies, including Rentberry.
   • Investment Focus Areas: Technology, Renewable Energy, Infrastructure

Where Is Rentberry’s Headquarters?

Rentberry is headquartered in San Francisco, California, enabling close connections with real estate tech innovators, investors, and the broader Silicon Valley startup ecosystem.

What’s Next for Rentberry?

Rentberry plans to leverage its recent $90 million Series A funding to enhance its platform and expand globally. With over 25 million active users in more than 60 countries, the growth potential is significant. The potential acquisition of WeWork (valued at $550–650 million) could further strengthen its market presence and diversify offerings.

Future fundraising opportunities, including a potential IPO in 2026, are likely. Key challenges include competition from established players, such as Zillow, and managing rapid growth while maintaining high service quality.

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