Rentberry
The first global home rental platform with full automation!
Overview
Raised: $711,162
Total Commitments ($USD)
Platform
Republic
Start Date
05/25/2023
Close Date
08/22/2023
Min. Goal
$50,000
Max. Goal
$4,759,422
Min. Investment
$250
Security Type
SAFE
Series
Series B
SEC Filing Type
RegCF
Early Bird Val. Cap
$25,000,000
Valuation Cap
$35,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
80
% of Min. Goal
1,422%
% of Max. Goal
15%
Likelihood of Max
Avg. Daily Raise
$79,018
# of Investors
129
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2015
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Rentberry, with a valuation of $35 million, is raising funds on Republic. It is a fully automated global home rental platform. The application brings the tenants and landlords together and provides services like property marketing, tenant screening, rental auction, e-contracts, rental payments, and online data storage. The company has surpassed over 2 million monthly active users and more than nine million listings worldwide. Oleskiy Lyubynskyy founded Rentberry in 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4.76 million. The campaign proceeds will be used for operations, sales and marketing, and hiring.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$289,861 |
$99,599 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-4,812,554 |
$-4,812,554 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$5,381,095 |
$2,577,803 |
|
Accounts Receivable |
$130,953 |
$0 |
|
Total Assets |
$6,952,507 |
$3,576,630 |
|
Short-Term Debt |
$16,586 |
$15,368 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$16,586 |
$15,368 |
Financials as of: 05/25/2023
Create a free account today to gain access to KingsCrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Rentberry | 08/22/2023 | Republic | $35,000,000 | $711,162 | SAFE | Active | RegCF |
| Rentberry | 02/09/2023 | StartEngine | $85,095,846 | $242,908 | Equity - Common | Funded | RegCF |
| Rentberry | 11/14/2022 | StartEngine | $50,278,451 | $0 | Equity - Common | Not Funded | RegCF |
| Rentberry | 11/04/2022 | StartEngine | $25,000,000 | $12,416,789 | Equity - Common | Funded | RegA+ |
| Rentberry | 06/29/2020 | Wefunder | $9,000,000 | $1,070,000 | SAFE | Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Analyst Report
Pending Review
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.