# OneRent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onerent

- Industry: Real Estate Development & Operating Companies
- Headquarters: San Jose, US
- Website: www.onerent.co
- Total disclosed funding: $53M
- Latest round: Series B (Mar 28, 2022)
- Investors on record: 3

## About

OneRent, Inc. offers comprehensive property management solutions, focusing on residential rental properties and facilitating real estate transactions across the United States.OneRent, Inc. specializes in property management and real estate brokerage services. Founded in 2014 in San Jose, US, the company has undergone strategic shifts in its operational focus. The founders, Chuck Hattemer, Greg Toschi, and Rico Mok, have diverse professional backgrounds. As of January 2025, OneRent was acquired by Evernest, LLC, furthering its reach in the property management sector, with a total of 9 deals completed to date. The latest funding round, a Series B, raised USD 53.00 mn, led by LL Funds, contributing to the total amount raised of USD 53.00 mn.OneRent, Inc. operates as a full-service property management firm that offers a range of services for residential rental properties. The company provides property management services, including tenant leasing, maintenance, and comprehensive property management tailored to single-family and multifamily homes. Their systematic approach incorporates a detailed property walk-through inspection and a rigorous three-step resident screening process to ensure qualified tenant placements. Additionally, OneRent features a digital leasing platform for prospective residents to view properties, submit applications, and sign leases online. The company serves individual property owners and real estate investors, operating in over 50 markets across the US, including major cities like Atlanta, Denver, and Memphis.OneRent generates revenue through property management fees, leasing commissions, and real estate brokerage transactions. The company typically charges monthly management fees calculated as a percentage of the rental income, along with one-time leasing fees for tenant placements. Their services encompass tenant placement, ongoing property maintenance, and financial reporting, all structured into customized management agreements. This business model allows OneRent to secure recurring revenue streams from property management while also earning transactional revenue from leasing activities and real estate sales.OneRent, Inc. plans to leverage its recent acquisition by Evernest, LLC to enhance its management portfolio, targeting nearly 23,000 units across more than 50 markets. The acquisition deal completed in January 2025 is aimed at expanding their operational footprint. The funding from the Series B round will support these growth initiatives, focusing on enhancing service offerings and entering new geographic regions.

## Funding rounds

- Series B, Mar 28, 2022, $53M — LL Funds, Crescent Cove, AGNC Ventures

## Investors

- LL Funds (https://capitalatlas.ai/funds/ll-funds) — Series B
- Crescent Cove — Series B
- AGNC Ventures (https://capitalatlas.ai/funds/agnc-ventures) — Series B