# Rent Butter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rent-butter

- Industry: Software
- Headquarters: Chicago, US
- Website: www.rentbutter.com
- Total disclosed funding: $2.8M
- Latest round: Seed (Jul 21, 2023)
- Investors on record: 1

## About

Based in Illinois, US, and founded in 2021 by Chris Rankin and Tom Raleigh, Rent Butter LLC operates as a developer of a software platform for owners and operators to screen out tenants and residents. In August 2023, Rent Butter, LLC raised USD 3 million in seed funding led by RET Ventures. 

Rent Butter LLC provides solutions for tenant screening that allows property owners to connect bank transaction history and credit behavior analytics for resident's performance reports. The company allows users to calculate savings with the platform based on average rent per month. Rent Butter LLC provides a variety of checks criminal background, eviction background, credit score, trade lines, credit behavior analysis (7 Years), true income, expense ratios, NSF and overdraft count, pay stub fraud protection, income and employment verification. 

The company plans to use the funding from August 2023 to broaden its product line and clientele to include traditional Class A and B multifamily and single-family rentals.

## Funding rounds

- Seed, Jul 21, 2023, $2.8M — RET Ventures

## Investors

- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Seed