# Rhenti

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

- Industry: Real Estate Development & Operating Companies
- Headquarters: Toronto, Canada
- Website: www.rhenti.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Jul 1, 2023)
- Investors on record: 4

## About

Rhenti Ltd. is a technology company that provides an integrated leasing platform to optimize marketing and leasing operations for residential property owners and managers in North America.Founded in 2016 in Toronto, Canada, Rhenti Ltd. specializes in creating a digital platform that enhances the leasing process for mid-size residential rental owners, operators, and property managers. The company has made three notable deals with the most recent funding round occurring on July 1, 2023. Rhenti raised USD 2.40 mn in a Seed round led by Hazelview Ventures, which included participation from Fieldgate Homes and Whiteshell Group Inc. The founders, Erin Chan and Kyle Boutros, possess a background that includes previous entrepreneurial ventures.Rhenti offers an integrated leasing platform designed to streamline marketing and leasing operations for mid-size residential rental owners, operators, and property managers in the United States and Canada. Their core product provides seamless syndication of property listings across more than 10 Internet Listing Services (ILS), such as Apartments.com, Zillow, and Kijiji, along with social media platforms like Facebook and Instagram. Rhenti's lead-to-lease software captures data from various inquiry sources, including walk-in renters, providing a centralized overview of lead management. The platform supports digital applications, integrates with Office 365 calendars for scheduling, and includes a chat hub for improved communication, addressing various property management needs.Rhenti operates on a subscription-based revenue model, where clients pay for access to its suite of marketing and leasing tools. Property managers and owners typically subscribe to the platform, which includes features like multichannel lead capture, automated marketing syndication, and CRM functionalities. Client agreements are tailored, offering varying levels of service that can be customized based on operational requirements. The cost structure accommodates different service levels, ensuring clients can select plans that align with their leasing strategies. Rhenti's offerings, including lead-to-lease software and marketing automation tools, are essential for maximizing operational efficiency in the leasing process.In July 2023, Rhenti Ltd. raised USD 2.40 mn in a Seed funding round, which will support the development of new products and enhancements to their existing platform. The company aims to expand its market presence across the United States and Canada, focusing on integrating new functionalities that cater to evolving property management needs. The recent funding will also facilitate the rollout of additional marketing automation features and improve user experience, enhancing the platform's capability to support property owners and managers in achieving their leasing objectives.

## Funding rounds

- Seed, Jul 1, 2023 — Staircase Ventures
- Seed, Sep 2, 2021, $2.4M — Hazelview Ventures, Fieldgate Homes, Whiteshell Group Inc.

## Investors

- Hazelview Ventures (https://capitalatlas.ai/funds/hazelview-ventures) — Seed
- Fieldgate Homes — Seed
- Whiteshell Group Inc. — Seed
- Staircase Ventures (https://capitalatlas.ai/funds/staircase-ventures) — Seed