Tech Company Financing Transactions
OpenRent Funding Round
OpenRent closed a $5.4 million venture capital round on 3/4/2017. Backers included Rocket Internet.
Transaction Overview
Company Name
Announced On
3/4/2017
Transaction Type
Venture Equity
Amount
$5,410,680
Round
Undisclosed
Investors
Proceeds Purpose
OpenRent says the new capital will be used to grow its team, specifically developers who can accelerate product development and help the startup build new features enabled by the scale it says it has now reached.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
39 Great Windmill St.
London, W1D 7LX
UK
London, W1D 7LX
UK
Phone
Website
Email Address
Overview
OpenRent began with a desire to bypass the frustration of the rental process that we, the OpenRent founders, experienced as both tenants and landlords: high costs, time wasted trawling dead listings, chasing up agents and endless emails and phone calls have no place in the online world.
Management Team
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We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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