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- Rentberry
Rentberry Valuation, Funding & Investors
Rentberry is valued at $1B as of September 2024.
Last Rentberry valuation
$1B
Series A · Sep 2024
Last Rentberry funding round
$90M
Series A · Sep 2024
Cumulative funding Rentberry raised
$124M
across 8 funding rounds
Key investors in Rentberry
808 Ventures
Zing Capital
Beechwood Ventures
Angel Investors Marlborough
Bay Wharf Capital
Sunmeet Jolly
About Rentberry
Rentberry is a long-term rental platform using a bidding system for apartments in cities like San Francisco, New York, and London. Tenants submit offers on listings, with blockchain-secured deposits replacing traditional security fees. Rentberry serves properties in 50 markets, processing e-applications and payments. Founded in 2015 and headquartered in San Francisco, it partners with landlords managing multifamily buildings.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission, Subscription
Valuation
$1B (Sep 2024)
Rentberry Valuation
Rentberry is currently valued at $1B, based on its Series A in September 2024.
The $90M round was led by Berkeley Hills Capital and GTM Capital.
Rentberry's valuation has grown 333x from $3M at its seed round in December 2015 to $1B in September 2024, across 6 priced rounds.
Rentberry valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2024 | Series A | $1B |
| Nov 2023 | Pre-seed | $35M |
| May 2022 | Pre-seed | $37M |
| Dec 2021 | Pre-seed | $25M |
| May 2020 | Pre-seed | $9M |
| Dec 2015 | Seed | $3M |
Rentberry Funding History
Rentberry has raised a total of $124M across 8 funding rounds.
Rentberry's first fundraising round was a $1M seed round in December 2015. The most recent completed round was a $90M Series A in September 2024.
Rentberry funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2024 | Series A | Berkeley Hills Capital (lead); GTM Capital (lead) | $90M | $1B | Rentberry is a San Francisco-based proptech startup founded in 2015 by Ukrainians Oleksii Lyubynskyi and Liliya Ostapchuk, offering a rental platform that enables dynamic pricing, price negotiation between tenants and landlords, streamlined applications, and property management tools. The company announced a Series A round in September 2024 raising $90 million led by Berkeley Hills Capital and GTM Capital, claiming a post-money valuation of $1 billion, achieving unicorn status. This round follows prior funding including seed rounds totaling over $4.8 million, a 2018 ICO raising $27.5 million, and other rounds bringing total raised to around $130 million. Prior valuation was $25 million in December 2021, with historical revenues up to $1 million and consistent losses. Rentberry has raised funds across 8-9 rounds from 11-16 investors including Zing Capital, Innova Capital Partners, 808 Ventures, 369 Growth Partners, Republic, StartEngine, and WeFunder. However, an investigative report by AIN and Molfar questions the deal's legitimacy, noting Berkeley Hills Capital is out of business with limited investments mostly in related entities, has tax debts, and only two deals including Rentberry; GTM Capital lacks transparency and verifiable involvement. |
| Nov 2023 | Pre-seed | KPCS Ventures | $5M | $35M | - |
| May 2022 | Pre-seed | - | $12M | $37M | - |
| Dec 2021 | Pre-seed | - | $5M | $25M | Rentberry is a fully automated global home rental platform that streamlines leasing with online applications, rent negotiations, virtual tours, and electronic signing for tenants and landlords. It operates a freemium revenue model, generating income from insurance sales, enterprise clients, and platforms like Happy Seniors for seniors and Flexible Living for millennials. The company has reached four million users and lists 11 million properties across 87,000 cities. In December 2021, Rentberry conducted an equity crowdfunding round on StartEngine under Reg A+, raising approximately $12.4 million in common equity at a pre-money valuation of $25 million. This marked a significant increase from its prior $9 million valuation in a 2020 Wefunder campaign, supported by over $13 million in prior investments from funds like AIM, JadeValue, and 808 Ventures, without long-term debt. The company held $2.35 million in cash and equivalents at the time, with a monthly burn of $115,488 and 20.4 months runway. Financials showed revenue of $30,878 alongside plans to fully monetize the platform throughout 2021 and 2022 via partnerships with 51 leading real estate entities. Rentberry aimed to scale operations, enhance technology, and expand into new markets with the funds. |
| May 2020 | Pre-seed | Beechwood Ventures; 808 Ventures; Sunmeet Jolly; Srikant Inampudi; Angel Investors Marlborough; Zing Capital; Bay Wharf Capital | $3M | $9M | Rentberry operates a fully automated global home rental platform connecting tenants and landlords with features like online applications, rent negotiations, virtual tours, and electronic lease signing. The company, founded in 2015 and headquartered in San Francisco, targets the real estate market with a two-sided marketplace available in over 40 countries. By May 2020, Rentberry had achieved 500k+ users and doubled its team to 30 employees in 2019 while operating a 2000 sq ft office. In May/June 2020, Rentberry raised $2.5 million in an equity crowdfunding round on Wefunder from investors including 808 Ventures, Angel Investors Marlborough, Bay Wharf Capital, Beechwood Ventures, Srikant Inampudi, Sunmeet Jolly, and Zing Capital, among others. The round featured a $9 million valuation cap on a SAFE/crowd note structure, supporting operational costs, marketing efforts, platform enhancements, and user base expansion. This followed prior raises including a $2.8 million venture round in October 2017 led by Zing Capital and a $5.4 million round in March 2019. The 2020 round built on Rentberry's traction with 4x MAU growth and presence in multiple markets, avoiding long-term debt while accumulating over $13 million in total prior investments by 2021. |
| Mar 2019 | Series A | - | $5M | - | Rentberry operates a fully automated global home rental platform enabling price negotiation between tenants and landlords. The company raised $5,438,015 in a Series Unknown round in March 2019 to support further growth and development of the platform. Prior to this, Rentberry had secured $13 million in investments from funds including AIM, JadeValue, and 808 Ventures, along with private investors. In 2019, Rentberry generated $4.3 million in total revenue. The platform had established significant traction with a high number of users in the real estate market. By 2020, revenue declined to under $31,000, and the company held $2.35 million in cash and equivalents with no long-term debt but had issued $4,961,820 in stockholders’ equity. Subsequent rounds included equity crowdfunding campaigns, such as one on StartEngine in 2021 at a $25 million pre-money valuation. Much later, in September 2024, Rentberry raised $90 million in a Series A at a $1 billion valuation led by Berkeley Hills Capital and GTM Capital to improve the platform, expand globally, and explore new real estate opportunities. |
| Oct 2017 | Seed | Zing Capital (lead); Beechwood Ventures; 808 Ventures; JadeValue | $3M | - | Rentberry is a San Francisco-based rental platform founded in 2015 that provides services including online rental applications, virtual tours, e-signing of rental agreements, and digital rent payments. The platform operates globally with listings in over 60 countries and serves both tenants and landlords by streamlining the rental process. In October 2017, Rentberry raised $2.8 million in a Series Unknown round led by Zing Capital, with institutional investors 808 Ventures, Beechwood Ventures, and JadeValue participating. The post-money valuation for this round was not publicly disclosed. At the time of the round, Rentberry reported over 120,000 users and 224,000 properties listed on the platform, with active user growth of 53% month-on-month during Q3 2017. The company later achieved unicorn status in September 2024 when it raised $90 million in Series A funding led by Berkeley Hills Capital and GTM Capital, at a valuation of $1 billion. By that time, Rentberry had grown to over 37 million active users across 80 countries. |
| Dec 2015 | Seed | - | $1M | $3M | - |
Who has invested in Rentberry?
11 investors have backed Rentberry across its funding rounds, including 808 Ventures, Zing Capital, Beechwood Ventures, Angel Investors Marlborough, Bay Wharf Capital and Sunmeet Jolly.
Lead investors include Berkeley Hills Capital, GTM Capital and Zing Capital.
Rentberry Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Oct 2017 | ||
| 2 | Participant | Oct 2017 | ||
| 2 | Lead | Oct 2017 | ||
| 1 | Participant | Nov 2023 | ||
| 1 | Lead | Sep 2024 | ||
| 1 | Participant | May 2020 | ||
| -- | 1 | Participant | May 2020 | |
| 1 | Participant | May 2020 | ||
| 1 | Lead | Sep 2024 | ||
This data is available for Pro users. Sign up to see all 11 Rentberry investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialRentberry Competitors
Rentberry competitors include listed companies like Altus Group and PEXA Group, and private ones like Kujiale, Place, Square Yards and Guesty.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $41M | - | $1B | 24.4x | ||
| Private | $150M | - | $1B | 6.7x | ||
| Private | $223M | $19M | $1B | 4.5x | ||
| Publicly listed | $360M | $31M | $1.1B | 3.7x | ||
| Private | $100M | - | $900M | 9.0x | ||
| Publicly listed | $285M | $100M | $861M | 3.4x |
Rentberry Public Comps
Rentberry is still privately-owned, but its public comps include Vitec Software, Banca Ifis, B2 Impact, Barings BDC, Altus Group, Goldman Sachs BDC, Kayne Anderson BDC, PEXA Group, Orchid Island Capital and PRA Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $371M | $151M | 3.7x | 3.5x | 9.1x | 9.0x | |||
| $826M | - | 1.3x | 1.1x | - | - | |||
| $356M | $194M | 5.6x | 4.1x | 10.4x | 9.8x | |||
| $263M | - | 8.7x | 8.7x | - | - | |||
| $360M | $31M | 3.5x | 3.7x | 40.5x | 14.2x | |||
| $303M | - | 9.8x | 8.9x | - | - | |||
| $214M | - | 9.7x | 9.0x | - | - | |||
| $285M | $100M | 3.4x | 3.4x | 9.8x | 9.3x | |||
This data is available for Pro users. Sign up to see all Rentberry competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Rentberry
| When was Rentberry founded? | Rentberry was founded in 2015. |
| Where is Rentberry headquartered? | Rentberry is headquartered in San Francisco, CA, United States. |
| Is Rentberry publicly listed? | No, Rentberry is a private, VC-backed company. |
| What is Rentberry's valuation? | Rentberry was last valued at $1B in its Series A in September 2024. |
| How much funding has Rentberry raised? | Rentberry has raised $124M across 8 funding rounds. |
| What was Rentberry's last funding round? | Rentberry's last funding round was a $90M Series A in September 2024, led by Berkeley Hills Capital and GTM Capital. |
| Who are Rentberry's investors? | Rentberry's investors include Beechwood Ventures, 808 Ventures, Zing Capital, KPCS Ventures, GTM Capital, Sunmeet Jolly, Srikant Inampudi, Angel Investors Marlborough, Berkeley Hills Capital, Bay Wharf Capital and 1 other. |
| Which companies are comparable to Rentberry? | Companies comparable to Rentberry include Kujiale, Place, Square Yards, Altus Group, Guesty and PEXA Group. |
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