RentSpree

RentSpree

Tenant screening and rental application platform

About RentSpree

Simplify's Rating
Why RentSpree is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Real Estate

Company Size

51-200

Company Stage

Series B

Total Funding

$27.7M

Headquarters

Los Angeles, California

Founded

2016

Overview

RentSpree provides a platform that simplifies the rental process in the real estate market. Its main service is tenant screening, which includes rental applications, credit reports, background checks, and eviction history reports. This platform is designed to make the rental application process easier for tenants, landlords, and real estate agents. While the service is often free for agents and landlords, the costs are typically covered by the rental applicants, creating a business model that serves real estate professionals while generating revenue from tenants. RentSpree operates in the property technology sector, focusing on rental management. In addition to tenant screening, the platform also helps with the application process and sometimes facilitates rent payments. The goal of RentSpree is to enhance the efficiency and security of finding and securing rental properties, providing instant results for screening reports to keep up with the fast-paced rental market.

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Simplify's Take

What believers are saying

  • Partnerships with MLSs like REcolorado expand RentSpree's market reach and integration.
  • AI-driven analytics offer predictive insights, aiding data-driven decisions for agents.
  • Integration with Docusign simplifies rental transactions, enhancing user experience.

What critics are saying

  • Increased competition from new PropTech startups may dilute RentSpree's market share.
  • Reliance on tenant-paid fees could be impacted by economic downturns.
  • Partnership with Finicity may face regulatory scrutiny over data privacy issues.

What makes RentSpree unique

  • RentSpree offers an all-in-one rental management platform for agents and landlords.
  • The platform provides instant tenant screening results, enhancing decision-making speed.
  • RentEdge enhances MLS rental workflows, increasing agent productivity and engagement.

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Funding

Total Funding

$27.7M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Family Planning Benefits

Fertility Treatment Support

Professional Development Budget

Phone/Internet Stipend

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

↓ -4%

1 year growth

↓ -1%

2 year growth

↑ 0%
RentSpree
Jun 12th, 2025
RentSpree wins awards for engineering teams, leadership, and career growth

RentSpree is proud to announce its inclusion in the 2025 Comparably Workplace Awards, receiving national recognition in three standout categories:

PR Newswire
May 29th, 2025
Rentspree Launches Rentedge To Modernize Mls Rental Workflows And Increase Agent Success

SEATTLE, May 29, 2025 /PRNewswire/ -- RentSpree, the industry's premier end-to-end rental management platform, is unveiling RentEdge, a new offering designed to unlock rental market potential for multiple listing services and their members. Drawing on years of experience in helping partners unlock business opportunities in the rental space, this new initiative is set to significantly expand rental engagement, drive agent productivity, and help MLSs deliver greater value to their members.RentEdge by RentSpreeRentEdge is a flexible, cloud-based platform that helps MLS partners strengthen their rental strategy with a set of modules designed to boost visibility, increase agent participation, and support long-term engagement."Rentals continue to represent one of the most underutilized revenue streams in today's market," said Michael Lucarelli, CEO and Co-Founder of RentSpree. "RentEdge is designed to bring rentals to the forefront of the MLS experience, helping agents start, grow, and sustain success while providing MLSs with the tools to support and scale rental activity."RentEdge introduces a flexible suite of integrated modules, each designed to deliver standalone value while seamlessly connecting to form a complete end-to-end rental ecosystem. Built with adaptability in mind, RentEdge offers tiered packages, allowing MLSs to select and invest in only the features that best meet the needs of their market. This new offering builds upon RentSpree's existing integration at partner MLSs, which enables agents to easily opt in to tenant screening directly from their listing workflow.Here's what's inside:Screen - Enables agents to opt into RentSpree tenant screening with one click, instantly generating shareable application links to qualify renters and close leases faster.Enables agents to opt into RentSpree tenant screening with one click, instantly generating shareable application links to qualify renters and close leases faster. Insights – Brings real-time rental data to the MLS dashboard with visual insights, market trends, and empower agents to grow their business more effectively with rentals.– Brings real-time rental data to the MLS dashboard with visual insights, market trends, and empower agents to grow their business more effectively with rentals

Steve Bargdill
Mar 31st, 2025
RentSpree, Docusign announce tech partnership for rental transactions by Jonathan Delozier for HousingWire

RentSpree, a rental software provider, has partnered with Docusign to simplify and expedite rental transactions for real estate professionals, the companies announced Monday.

HousingWire
Feb 3rd, 2025
HousingWire

While RentSpree's core product is its tenant screening feature, RentSpree launches new enhancements and products every year to address the main pain points across the rental journey.

PR Newswire
Sep 10th, 2024
RentSpree Announces Income Verification; New Feature Will Support Fraud Prevention

RentSpree has partnered with Finicity, a Mastercard company, which powers the entire process.

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