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Rentberry isn't accepting new investments

Rentberry’s deadline was November 15, 2023

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Rentberry

The first global home rental platform with full automation!
B2B B2C Real Estate Tech Residential Real Estate AI & Machine Learning Big Data Diversity & Inclusion Social Justice
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Fully Funded
$4,759,422
Raised
1,691
Investors
Successfully funded and closed on November 15, 2023.
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Impact Funding Founders Summary
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Rentberry, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Rentberry Crowd SAFE Rentberry Form C_A.pdf Rentberry Form C.pdf
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Hear from some of the 1,691 investors in Rentberry


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Highlights


$25M+ raised
Company has previously raised over $25M in capital
50-199 employees
Company has 50-199 employees on payroll
Tier-1 Venture backing
Company is backed by a tier-1 VC firm
  • Huge Market: 44M homes rented and $694B spent on rent annually
  • Solid Traction: 2M+ monthly active users and 9M+ properties worldwide
  • Strong Revenue: $10M+ revenue is expected in 2023 after the acquisition
  • Global Coverage: operating in 50+ countries and secured 60+ partnerships
  • High-Profile Investors: raised $25M+ from top VC funds and CEOs
  • Disruptive Technology: patented AI and big data technology
  • Hot Industry: billion-dollar M&A activity in the real estate space

Problem


The Home Rental Market Needs Innovation

Most property listings still appear as basic online classified ads, providing a limited rental experience and offering virtually no assistance in terms of the application process or routine rental tasks. 

Additionally, with each rental agreement, tenants lock billions of dollars in rental deposits. Currently, there's no internationally recognized insurance or savings program available to benefit reliable, quality tenants.

Solution


Renting Done Right. Finally!

Despite many other industries having been successfully disrupted in recent years (such as retail, social media, and transportation), the home rental space lacks comparable innovation. The process of long-term rentals still causes frustration and wasted time for both homeowners and tenants. So far, there has not yet been a technological disruption significant enough to usher in a new – and better – way to rent. 

Here at Rentberry, we aim to change that! Rentberry is the first global home rental platform that makes the long-term rental process transparent and safe, offering an all-in-one rental ecosystem and helping properties realize their true market price.

Product


Fully Digital Rental Experience

Despite many other industries having been successfully disrupted in recent years (such as retail, social media, and transportation), the home rental space lacks comparable innovation. The process of long-term rentals still causes frustration and wasted time for both homeowners and tenants. So far, there has not yet been a technological disruption significant enough to usher in a new – and better – way to rent. 

Here at Rentberry, we aim to change that! Rentberry is the first global home rental platform that makes the long-term rental process transparent and safe, offering an all-in-one rental ecosystem and helping properties realize their true market price.

Traction


Solid Traction

We are proud of the fact that many prominent individuals from the real estate, legal, and finance sectors have shared our vision for the future of the home rental industry, entrusting Rentberry with over $25 million, which is now fueling our growth.

In 2022 alone, we achieved:

  • 9 million customers
  • 39 million properties
  • 137,000 locations
  • 191% revenue growth


More than 60 established partnerships!



Rentberry in the News



Customers


Customers Around the World Love Rentberry

In 2022, Rentberry had more than 2 million monthly active users (MAU) from over 50 countries. The top five locations included New York, Los Angeles, London, Berlin, and Sydney. During the first quarter of 2023, we continue to experience phenomenal user growth of 162% quarter-over-quarter.


Business model


$7 Billion Yearly Market Opportunity in the US Alone!

Rentberry utilizes the 'Freemium' business model, which allows for several tasks to be performed free of charge. The Rentberry platform has a great variety of monetization channels that generate revenue from landlords, tenants, agents, and enterprise clients. In 2022, the company experienced a 191% year-over-year revenue growth. In 2023, after the acquisition, we expect the yearly revenue to exceed $10 million!

Additional revenue sources include the sale of insurance products, leads to moving companies and local businesses, integration with third-party service providers (such as plumbers and handymen), as well as revenue generation from the Happy Seniors platform.

Market


Renting is the New Buying

Home renting has become an economic and lifestyle choice for 41% of Americans, 56% of the Swiss, and 40% of Germans, to name just a few countries. Currently, there are over 641 million rental units worldwide, with around 2.3 billion people living in long-term rentals.

The market is massive and is only getting bigger!

Competition


Unique AI-Driven Tools for Tenants and Landlords

Vision and strategy


Rentberry Umbrella

Rentberry has developed technology that disrupts the residential and senior housing rental markets:

  • The Rentberry platform, the company's main product, is a home rental solution designed to make the rental process less costly, more convenient, and secure
  • The Happy Seniors platform, which is 100% owned by the company, is designed to help make the lives of millions of senior individuals more social and engaging while keeping them connected to their loved ones
  • Flexible Living is designed to allow millennials to work and travel from various locations


The Future is Here: Flexible Living


Rentberry establishes a new trend that allows people to live at various locations for durations of 3 to 12 months. We believe this will be a much more cost-efficient way than renting Airbnb/hotels, without entering into long-term contracts and freezing thousands in security deposits. This new trend is called 'Flexible Living'.

There are 82 million millennials in the US alone and 1.8 billion worldwide. They are the biggest generation in US history.

The company plans to onboard homeowners throughout the United States, Europe, and Asia to serve the mid-term rental space. The properties will have digital locks, be managed without agents and brokers, and will be exclusively rented via the Rentberry platform.

Impact


Recognized by the Industry and Y Combinator

Rentberry has already won numerous awards for its fully patented novel technology and best user experience. We were also invited to Y Combinator!

Funding


We've Already Raised $25M+

Rentberry has already successfully raised more than $25 million in previous rounds from numerous VC funds, including Zing Capital, 808 Ventures, Beechwood Ventures, and high-profile angel investors from Google, McKinsey & Company, CBRE, and others. Big names trust us!

We have also conducted successful crowdfunding campaigns on the WeFunder and StartEngine platforms, raising a total of $15 million from over 9,000 investors.


Investor Testimonials


Gary Macbeth: Managing Partner (808 Ventures)

Trevor Bond: Co-Chair, Screening Committee (Harvard Business School Alumni Angels of Greater New York)

Steve Burton: Managing Partner (Beechwood Ventures)


Our Prominent Investors


Summary


Deal terms


Valuation cap
$35M
The maximum valuation at which your investment converts into equity shares or cash.
Learn more.
Funding range
$50K / $4.76M
100% of $50K minimum offering amount has been reached.

Rentberry needs to raise $50K before the deadline. The maximum amount Rentberry is willing to raise is $4.76M.
Learn more
Security type
Crowd SAFE
A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event.
Learn more
Deadline
November 15, 2023
Rentberry needs to reach their minimum funding goal before the deadline (). If they don’t, all investments will be refunded.
Learn more
Minimum investment
$250
The smallest investment amount that Rentberry is accepting.
Learn more
Nominee Lead
Chief Executive Officer of Rentberry (Currently Oleksiy Lubinsky)
Logo of Rentberry
Rentberry
The first global home rental platform with full automation!
Raised amount Valuation cap
0 — $3,000,000 $25M
$3,000,000.01 — $4,759,422 $35M
Close
How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Rentberry, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Rentberry Crowd SAFE Rentberry Form C_A.pdf Rentberry Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Rentberry.
Invest
$300
Receive
  • 5% discount on rentals exclusively managed by Rentberry.
  • 5-day stay for free at Flexible Living properties around the world.
  • 450 extra shares issued for free during the conversion.
  • Free for life: tenant applications.
Invest
$1,000
Receive
  • 10% discount on rentals exclusively managed by Rentberry.
  • 10-day stay for free at Flexible Living properties around the world.
  • 2,000 extra shares issued for free during the conversion.
  • Free for life: tenant applications and landlord/tenant membership.
  • Participation in dividends.
  • VIP investor status.
Invest
$2,500
Receive
  • 20% discount on rentals exclusively managed by Rentberry.
  • 20-day stay for free at Flexible Living properties around the world.
  • 5,000 extra shares issued for free during the conversion.
  • Free for life: tenant applications, landlord/tenant membership, and unlimited properties promotion.
  • Participation in dividends.
  • VIP investor status.
Invest
$10,000
Receive
  • 30% discount on rentals exclusively managed by Rentberry.
  • 40-day stay for free at Flexible Living properties around the world.
  • 20,000 extra shares issued for free during the conversion.
  • Free for life: tenant applications, landlord/tenant membership, and unlimited properties promotion.
  • Participation in dividends.
  • VIP investor status.
Invest
$25,000
Receive
  • 30% discount on rentals exclusively managed by Rentberry.
  • 60-day stay for free at Flexible Living properties around the world.
  • 50,000 extra shares issued for free during the conversion.
  • All services on the platform are free for life.
  • Participation in dividends.
  • Bronze investor status.
Invest
$50,000
Receive
  • 30% discount on rentals exclusively managed by Rentberry.
  • 80-day stay for free at Flexible Living properties around the world.
  • 100,000 extra shares issued for free during the conversion.
  • All services on the platform are free for life.
  • Participation in dividends.
  • Silver investor status.
Invest
$100,000
Receive
  • 30% discount on rentals exclusively managed by Rentberry.
  • 100-day stay for free at Flexible Living properties around the world.
  • 200,000 extra shares issued for free during the conversion.
  • All services on the platform are free for life.
  • Participation in dividends.
  • Gold investor status.
Invest
$250,000
Receive
  • 30% discount on rentals exclusively managed by Rentberry.
  • 120-day stay for free at Flexible Living properties around the world.
  • 500,000 extra shares issued for free during the conversion.
  • All services on the platform are free for life.
  • Participation in dividends.
  • Platinum investor status.

About Rentberry

Legal Name
Rentberry, Inc.
Founded
Aug 2015
Form
Delaware Corporation
Employees
30
Website
rentberry.com
Social Media
Headquarters
Google Map location of of Rentberry
201 Spear Street Suite 1100 , San Francisco, CA
Headquarters
201 Spear Street, Suite 1100, San Francisco, CA, United States 94105

Rentberry Team
Everyone helping build Rentberry, not limited to employees

Profile picture of Oleksiy Lubinsky
Oleksiy Lubinsky
CEO
UC Berkeley graduate and former investment banking executive who has founded and sold several companies. Expert in real estate technology and a successful entrepreneur responsible for defining Rentberry's vision.
Profile picture of Oleksii Svitiashchuk
Oleksii Svitiashchuk
CTO
Highly regarded full stack engineer and focus-driven coder with 11 years of experience in developing, implementing, and supporting complex infrastructures and technical solutions.
Profile picture of Alex Humeniuk
Alex Humeniuk
CMO
Digital marketing, SEO, and social media marketing expert with deep knowledge of how to position and scale products.
Profile picture of Aleksandr Kotovskov
Aleksandr Kotovskov
Head of Design
Distinguished UI/UX web and mobile designer, whose products have won numerous awards and received international recognition.
Profile picture of Kate Barneveld
Kate Barneveld
Head of Business Development
Results-oriented intrapreneur with a proven track record of driving revenue growth, nurturing client relationships, and forging key partnerships.
2 more team members
Oleksiy Lubinsky
CEO
Oleksii Svitiashchuk
CTO
Alex Humeniuk
CMO
Aleksandr Kotovskov
Head of Design
Kate Barneveld
Head of Business Development

Press

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By Rachael Green, Benzinga San Francisco, California --News Direct-- Rentberry A new app catering to digital nomads is in...

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Becoming an investor isn't as tricky as most individuals picture it, nor is it meant solely for high-profile individuals.

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If you're thinking to move to a new job at an upcoming young company, here's a list of hottest startups in San Francisco....

Six Real Estate Startups Revolutionizing the Industry | E...
Entrepreneur Entrepreneur

Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Middle East, an international ...

Rentberry: Where Rent Meets Its Real Value
WSJ WSJ

An innovative platform transforming apartment hunting into a fair, competitive, and fully online experience.

10 Real Estate Startups To Watch
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The last decade has witnessed an exponential growth in real estate tech startups. Globally, the number of startups rose f...

4 startups that want to shake up the real estate world
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Innovation is booming in this country and new startups aren't bashful about bringing fresh ideas to market - even when th...

6 Real estate startups revolutionizing the industry
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Innovation is synonymous to change. It opens up new pathways and gives birth to even better ideas. Today, we'll talk abou...

Show all
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Rentberry

Rentberry successfully raised $4,759,422 from 1691 investors on November 15, 2023
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Jonathan, Steven, Ian, Mehdy, Alexander, and 1686 others invested. 244 Reviews
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