Rentoza
Latest round
- Series A
Last raised
- Aug 2023
Total raised
- $6M
Investors
- 2
About Rentoza
Rentoza Pty Ltd was established in 2017 and is headquartered in Rosebank, South Africa. The company operates as South Africa’s first subscription-based product service, providing a variety of electronics and household appliances. The founders, Avinesh Reddy and Chris Govender, have prior entrepreneurial experience.Rentoza operates as South Africa’s first subscription-based product service, providing a diverse range of consumer electronics and household appliances through a flexible subscription model. The core offerings include smartphones, laptops, televisions, fitness equipment, and baby gear, all available on subscription. This model allows users to avoid ownership burdens, enabling them to subscribe, enjoy, and easily transition to newer products.Rentoza generates revenue primarily through its subscription service, where customers pay a monthly fee for access to a wide array of electronic devices and appliances. The subscription model allows customers to select their payment date and provides flexibility to upgrade or downgrade products without penalties. Each subscription includes Rentoza Protect, which covers loss, theft, or damage. Future growth will focus on launching new product lines and expanding into additional geographic regions to broaden its market reach.
Who invested in Rentoza
2 investors across 1 round
See all investors in Rentoza
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Aug 31, 2023
Amount
$6M
Investors
Questions about Rentoza
Who invested in Rentoza?
Rentoza has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rentoza raised?
Rentoza has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Rentoza last raise money?
Rentoza's most recent round on record is a Series A, in Aug 2023.
What does Rentoza do?
Rentoza Pty Ltd was established in 2017 and is headquartered in Rosebank, South Africa.
Where is Rentoza headquartered?
Rentoza is headquartered in Rosebank, South Africa.
Which VCs invest in companies like Rentoza?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back consumer products companies at Rentoza's stage. Their profiles are linked below.
VCs backing consumer products startups at Series A
Raising like Rentoza? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.