# Rentle

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

- Industry: Software
- Headquarters: Espoo, Finland
- Website: www.rentle.io
- Total disclosed funding: $3.8M
- Latest round: Seed (Sep 19, 2022)
- Investors on record: 6

## About

Rentle Oy is a Finnish company that provides a Circular Commerce Platform for online retail operations, enabling businesses to manage rentals, resales, and subscriptions efficiently.Founded in 2018 in Espoo, Finland, Rentle Oy specializes in a Circular Commerce Platform, allowing businesses to seamlessly manage rental and resale operations. The company has secured a total of EUR 3.8 million in funding across three deals, with the latest Seed round in September 2022 co-led by Anthemis Group, Mission One Capital, StartupIst VC, Tera Ventures, and others. Rentle's founders, Joel Mikkonen, Toomas Kallioja, and Tuomo Laine, have combined their expertise to enhance the platform's capabilities.Rentle Oy offers a comprehensive Circular Commerce Platform designed for managing rentals, resales, and subscriptions. This platform enables users to create custom online stores, integrate with existing websites, and manage sales on multiple channels. Targeting various sectors, including fashion and electronics, their services streamline inventory management, order fulfillment, and payment processing to enhance overall customer engagement.In the most recent fiscal year, Rentle Oy generated revenue of EUR 695,382.80, with an EBITDA loss of EUR 2,303,333.70, reflecting the early-stage nature of the business as it expands its platform offerings and client base.Following their most recent funding round in September 2022, where Rentle Oy raised EUR 3.8 million, the company plans to further develop its product services and expand its workforce. These initiatives aim to enhance their offerings while targeting growth in new markets, specifically expanding their reach within the European region and the United States.

## Funding rounds

- Seed, Sep 19, 2022, $3.8M — Anthemis, Tera Ventures, Maki.vc, Everywhere Ventures, StartupIst VC, Mission One Capital
- Seed, Sep 7, 2020 — Maki.vc

## Investors

- Maki.vc (https://capitalatlas.ai/funds/maki-vc) — Seed
- Anthemis (https://capitalatlas.ai/funds/anthemis) — Seed
- Tera Ventures (https://capitalatlas.ai/funds/tera-ventures) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed
- StartupIst VC (https://capitalatlas.ai/funds/startupist-vc) — Seed
- Mission One Capital (https://capitalatlas.ai/funds/mission-one-capital) — Seed