Rentberry (2020)
About this raise
Rentberry, with a valuation cap of $9 million, is raising funds on Wefunder. 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. Rentberry was founded by Oleskiy Lyubynskyy in 2015 and has raised over $6 million since its inception. The proceeds of the current crowdfunding campaign, with a minimum raise of $100,000 and a maximum raise of $1,070,000, will be used for IT development, business development, marketing and sales, and administration and operations. Rentberry had 900,000 users in 2019 and reported a 213% transaction growth. The company has projected its revenues to be around $5 million in 2020.
Investment Overview
Invested : $1,070,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/29/2020
- Close Date
- 06/29/2020
$100,000
$1,070,000
$100
SAFE
Series A
RegCF
$9,000,000
20%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +147% YoY
- $4,398,259
- Monthly Burn
- Profitable
- Cash on Hand
- $3,006,637
- Gross Margin
- 100%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/14/2023 | Republic | $35,000,000 | $4,759,422 | SAFE | Funded | RegCF |
| 02/09/2023 | StartEngine | $85,095,846 | $242,908 | Equity - Common | Funded | RegCF |
| 11/14/2022 | StartEngine | $50,278,451 | $0 | Equity - Common | Not Funded | RegCF |
| 11/04/2022 | StartEngine | $25,000,000 | $12,416,789 | Equity - Common | Funded | RegA+ |
| 06/29/2020 | Wefunder | $9,000,000 | $1,070,000 | SAFE | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.