# Rentify

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.rentify.com
- Total disclosed funding: $3.3M
- Latest round: Series A (Dec 21, 2013)
- Investors on record: 1

## About

Rentify, based in the UK, is an online platform that simplifies the rental management process for landlords and tenants, enhancing efficiency in property transactions and addressing key challenges in the rental market.Rentify, founded in 2011 in London, UK, provides a platform to streamline rental management. The company has received funding through a Series B round, raising USD 4.8 mn in October 2014. The leadership includes CEO Mikhail Nazarov, one of the co-founders along with George Spencer and Vijay Jonnadula.Rentify.com specializes in rental management solutions for landlords and tenants. Their platform allows landlords to list properties, manage tenant applications, and facilitate lease agreements. It addresses issues like tenant screening, rent collection, and property maintenance, serving individual landlords, property management firms, and real estate investors primarily in urban areas of North America and Europe.Rentify.com earns revenue through a subscription model where landlords pay a monthly fee based on the number of properties managed. Additional charges apply for premium features such as enhanced marketing tools or tenant screening services, catering to individual property owners and larger firms alike.The company plans to utilize the recent USD 4.8 mn funding from its Series B round to further develop new products and expand into additional markets. Key targeted regions include expanding its presence in Europe and North America by 2025, enhancing its platform's offerings to better serve its clients.

## Funding rounds

- Series A, Dec 21, 2013, $3.3M — Balderton Capital

## Investors

- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A