Rentable, a Madison-headquartered company started in 2013. It provides rentals and rental owners tools to streamline the rental process in the age of digital everything.
Last year, its revenue nearly doubled.
Funding will be used to make new sales in the product, business development, and engineering. By addressing the management and listing problems landlords face, Rentable can better serve renters.
It will also hire VP of Customer Success, VP of Finance, VP of Growth, VP of Product, and VP of People. Originally focused on the Madison market, it helps millions of renters in all 50 states.
Raised: $22.5 M
Round: Series B
Funding Date: August 2021
Lead Investor: Susquehanna Growth Equity
Additional investors: 490 Ventures and Flyover Capital
Company Website: https://www.rentable.co
Software Category: Multifamily rental management
About the Company: The company helps small market or mid market landlords find the right fit where otherwise they may be priced out of the market. It is consistently evolving and improving to meet the needs of younger generations