Rentable

Rentable

Market data and AI-driven property management platform

Overview

Rentable provides a B2B platform for multifamily property managers and real estate investors. Its core product, ApartmentIQ, collects public data to track more than 30 million rental units nationwide, delivering unit-level rent pricing and property performance insights to help owners understand market competition and optimize revenue. The company also offers MavenAI, an AI-powered marketing agent that automates tasks such as updating Google Business Profiles, posting to social channels, and managing property listings across thousands of properties. Rentable differentiates itself by using public data to offer large-scale market visibility and competitive intelligence while enabling automated marketing and property-management workflows within a single platform. Its goal is to help clients achieve real-time market insights, maximize revenue, and streamline operations across their portfolios.

About Rentable

Simplify's Rating
Why Rentable is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Real Estate

Company Size

51-200

Company Stage

Series C

Total Funding

$59.4M

Headquarters

Monona, Wisconsin

Founded

2012

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Simplify's Take

What believers are saying

  • August 2026 Daylight reached market with 40 million units of daily training data.
  • Commercial Observer reported both new products tracking toward 1 million customer units in year one.
  • CEO Alec Slocum said hiring rises 50% in 2026 while the company stays profitable.

What critics are saying

  • DOJ's November 2025 rent-pricing settlement targets nonpublic data and narrow geographic analytics.
  • RealPage litigation keeps multifamily pricing software under antitrust scrutiny through 2026.
  • A federal ban on algorithmic rent coordination would break Daylight's revenue-management thesis.

What makes Rentable unique

  • ApartmentIQ tracks 40 million units daily from public data, avoiding proprietary lease inputs.
  • August 2026 follow-on from SGE confirms customer traction across 1,500 portfolios and 8 million units.
  • MavenAI adds agentic workflows, posting, listings, and Google Business updates across 10,000 properties.

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Funding

Total Funding

$59.4M

Below

Industry Average

Funded Over

10 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 2%

2 year growth

↑ 2%
FinSMEs
Aug 11th, 2026
ApartmentIQ Receives $25M investment From Susquehanna Growth Equity

ApartmentIQ, a Madison, Wisconsin-based provider of a real-time market intelligence, revenue management, and AI platform for the multifamily industry, received an investment of $25M from Susquehanna Growth Equity

Commercial Observer
Aug 11th, 2026
ApartmentIQ secures $25M follow-on funding to expand AI platform for multifamily sector

Multifamily data company ApartmentIQ has secured $25 million in follow-on funding from Susquehanna Growth Equity (SGE). SGE previously led ApartmentIQ's $22.5 million Series B round in 2021, when the company operated as Rentable, an apartment marketplace. ApartmentIQ now provides real-time market intelligence, revenue management and AI tools for the multifamily sector. The company announced it has surpassed 8 million units in its customer base. The new capital will fund continued development of recently launched products, including Explore Pro, a market research tool, and Daylight, a revenue management platform. Both products are tracking to exceed 1 million customer units in their first year. The funding also supports MavenAI, ApartmentIQ's multifamily marketing agent, which uses AI to automate marketing actions for property operators. Additional investment will go towards hiring across engineering, data, product and go-to-market teams.

Business Wire
Aug 19th, 2022
ABODO Raises $4.8 Million in Series A Funding Round

Real estate startup ABODO raises $4.8 million in Series A funding round. The round is led by existing investor 4490 Ventures, along with American Fami

Business Wire
Aug 3rd, 2021
Rentable Raises $22.5M Series B

MADISON, Wisc.--(BUSINESS WIRE)--Rentable, a rental platform on a mission to make rentals the next category of e-commerce, today announced a $22.5M Series B investment led by Susquehanna Growth Equity. The investment comes on the heels of significant growth for Rentable. The company achieved profitability in 2020, with revenue nearly doubling year-over-year. As a result, Rentable saw a significant increase in valuation from the company’s most recent round of financing. Rentable operates one of

WisBusiness
Aug 3rd, 2021
Susquehanna International Group invested into Rentable in $22.5M on Aug 3rd 21'.

Rentable, a rental platform on a mission to make rentals the next category of e-commerce, today announced a $22.5M Series B investment led by Susquehanna Growth Equity.

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