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Rentable runs an online marketplace for apartment rentals focused on the multifamily housing sector. It connects renters with available properties through Rentable.co and provides property managers with targeted advertising and data-driven insights via ApartmentIQ. Users (renters) get a streamlined search and application experience, while property management companies receive tools to attract qualified tenants and optimize occupancy and rental income. Revenue comes from fees for advertising and data services. The company differentiates itself by pairing a renter-focused marketplace with data-backed advertising solutions and market intelligence tailored to multifamily property managers. Rentable’s goal is to help renters quickly find suitable homes and help property managers efficiently fill units and maximize rental revenue.
Industries
Data & Analytics
Consumer Software
Enterprise Software
Real Estate
Company Size
51-200
Company Stage
Series C
Total Funding
$55.9M
Headquarters
Madison, Wisconsin
Founded
2012
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Total Funding
$55.9M
Below
Industry Average
Funded Over
9 Rounds
Industry standards
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Dental Insurance
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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
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.
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
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
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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Industries
Data & Analytics
Consumer Software
Enterprise Software
Real Estate
Company Size
51-200
Company Stage
Series C
Total Funding
$55.9M
Headquarters
Madison, Wisconsin
Founded
2012
Find jobs on Simplify and start your career today