RentCheck an Automated property inspection platform startup has announced it raised $2.6 Million in Seed round. The round participated from Cox Enterprises, because of its operations in the multifamily arena, and angel investors like Jim Payne (previously sold MoPub to Twitter), Ken Goldman (former CFO of Yahoo), Mark Zaleski and John Kuolt of BCG Digital Ventures, and Brian Long (previously sold TapCommerce to Twitter). Some institutional investors also joined the seed round, including Irongrey, Context Ventures, and Techstars.
RentCheck — the world's first vision-based, automated property inspection platform — is ready to change the tenant-landlord dynamic. The company will take aim at the tenant "deposit deduction" problem: A $45 billion-per-year game of tug-of-war between tenants and landlords over security deposits.
Round: Seed Round
Funding Month: August 2021
Lead Investors: Cox Enterprises, Jim Payne, Ken Goldman, Mark Zaleski, John Koult, and Brian Long
Additional Investors: Irongrey, Context Ventures, and Techstars
Company Website: https://www.getrentcheck.com
Software Category: Automated property inspection platform
About the Company: RentCheck has founded in 2019 by Marco Nelson and Lydia Winkler. RentCheck is the essential nationwide provider of transparency and security, enabling landlords and residents Alike to achieve serenity. They offer an app that saves money, time and prevents grief by standardizing move-in and move-out inspections and streamlining the security deposit deduction process. RentCheck solutions empower residents to emulate owners to maximize the return of their security deposit.
Source: https://techcrunch.com/2021/08/09/rentcheck-raises-millions/ https://www.prnewswire.com/news-releases/rentcheck-raises-3-6m-to-automate-the-rental-property-inspection-process-301351138.html