Popular on TelAve
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
- TCAA Welcomes Adolfo Gomez Sanchez to Its Family of Talented Speakers
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Honoring Black History, Culture, and Community in Fall River
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
Similar on TelAve
- The Blue Luna Encourages Local Schools to Take Steps to Enhance Safety for Students and Staff
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Adostics & Genmega Announce the Introduction of A-POD
RentSpree Raises $8 Million in Series A Funding to Enhance Collaboration Between Renters, Agents, and Owners
TelAve News/10696229
Funding validates recent progress and significant market opportunity, enabling RentSpree to create the first platform allowing multiple parties to cooperate on a rental transaction.
LOS ANGELES - TelAve --
"Today's announcement is a huge milestone for RentSpree– one that validates our vision to create efficient, value-add solutions for all parties involved," says Michael Lucarelli, co-founder and CEO of RentSpree. "We are most excited to further streamline the rental process while helping individuals achieve long-term goals that extend through the rental journey and beyond."
Founded in 2016, RentSpree has experienced impressive growth. After previously raising $2.3M in venture funding, RentSpree now services over 600,000 users and has nearly quadrupled monthly renters since closing its Seed funding round.
More on TelAve News
More than just a tenant screening company, RentSpree covers every step of the rental process. The platform is also the first of its kind to support the collaboration of multiple parties because renters typically interact with a combination of real estate agents, landlords, and property managers to secure a single rental. RentSpree facilitates these interactions by providing universal rental applications, report sharing, a rental forms library, digital signatures, renters insurance, and much more.
With this investment, RentSpree will add valuable new features like payments, agent branding, and contact management to further reduce rental friction. Special emphasis will be placed on building predictive analytics to ensure that individuals are guided seamlessly to the right features at the right time.
"The real estate industry has seen significant growth in rental activity over the past decade, and RentSpree is on the forefront of providing software that deploys quickly and streamlines crucial operations that haven't seen innovation in a very long time," says Nnamdi Okike, Co-Founder and General Partner of 645 Ventures. "With the growth RentSpree has experienced in its user and customer base, as well as in their product offerings, we're excited to see them become the leader in providing world-class renter management software."
RentSpree employs an integration-first approach and has already deployed its standardized rental process with a who's-who list of real estate players, including the California Association of REALTORS®, Bright MLS, California Regional MLS, Florida Realtors®, and many more.
More on TelAve News
For more information about RentSpree, visit www.rentspree.com/press
About RentSpree:
Founded in 2016, RentSpree is an award-winning rental software known in all 50 states for its easy-to-use tenant screening process, renter management, partnership program, and rental screening API. In just five years, RentSpree has grown its database by partnering with some of the most trusted names in real estate.
About 645 Ventures:
645 Ventures partners with exceptional founders at Seed/Series A to build iconic companies that scale to the growth stage. We have over 35 active companies in our portfolio in the areas of enterprise SaaS, infrastructure software, and consumer technology. Several of our portfolio companies have been acquired by Google, Facebook, Expedia, and private equity firms.
About Vesta Ventures:
Vesta Ventures is a venture capital fund investing in the proptech sector with a focus on platforms at the intersection of residential real estate and technology.
Green Visor Capital:
Green Visor Capital invests in passionate founders who are solving substantive problems in financial services through the innovative use of technology. Based in San Francisco, we are one of the premier early stage investors in FinTech.
- RentSpree raises $8 million in Series A funding.
- The funding round was led by 645 Ventures and additional investors including Green Visor Capital, and Vesta Ventures.
- RentSpree will use the investment to enhance its API-first integration capabilities and to provide the definitive platform for renters, agents, and owners to complete all pieces of their rental journey.
"Today's announcement is a huge milestone for RentSpree– one that validates our vision to create efficient, value-add solutions for all parties involved," says Michael Lucarelli, co-founder and CEO of RentSpree. "We are most excited to further streamline the rental process while helping individuals achieve long-term goals that extend through the rental journey and beyond."
Founded in 2016, RentSpree has experienced impressive growth. After previously raising $2.3M in venture funding, RentSpree now services over 600,000 users and has nearly quadrupled monthly renters since closing its Seed funding round.
More on TelAve News
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
More than just a tenant screening company, RentSpree covers every step of the rental process. The platform is also the first of its kind to support the collaboration of multiple parties because renters typically interact with a combination of real estate agents, landlords, and property managers to secure a single rental. RentSpree facilitates these interactions by providing universal rental applications, report sharing, a rental forms library, digital signatures, renters insurance, and much more.
With this investment, RentSpree will add valuable new features like payments, agent branding, and contact management to further reduce rental friction. Special emphasis will be placed on building predictive analytics to ensure that individuals are guided seamlessly to the right features at the right time.
"The real estate industry has seen significant growth in rental activity over the past decade, and RentSpree is on the forefront of providing software that deploys quickly and streamlines crucial operations that haven't seen innovation in a very long time," says Nnamdi Okike, Co-Founder and General Partner of 645 Ventures. "With the growth RentSpree has experienced in its user and customer base, as well as in their product offerings, we're excited to see them become the leader in providing world-class renter management software."
RentSpree employs an integration-first approach and has already deployed its standardized rental process with a who's-who list of real estate players, including the California Association of REALTORS®, Bright MLS, California Regional MLS, Florida Realtors®, and many more.
More on TelAve News
- Colbert Packaging Announces WBENC Recognition
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
For more information about RentSpree, visit www.rentspree.com/press
About RentSpree:
Founded in 2016, RentSpree is an award-winning rental software known in all 50 states for its easy-to-use tenant screening process, renter management, partnership program, and rental screening API. In just five years, RentSpree has grown its database by partnering with some of the most trusted names in real estate.
About 645 Ventures:
645 Ventures partners with exceptional founders at Seed/Series A to build iconic companies that scale to the growth stage. We have over 35 active companies in our portfolio in the areas of enterprise SaaS, infrastructure software, and consumer technology. Several of our portfolio companies have been acquired by Google, Facebook, Expedia, and private equity firms.
About Vesta Ventures:
Vesta Ventures is a venture capital fund investing in the proptech sector with a focus on platforms at the intersection of residential real estate and technology.
Green Visor Capital:
Green Visor Capital invests in passionate founders who are solving substantive problems in financial services through the innovative use of technology. Based in San Francisco, we are one of the premier early stage investors in FinTech.
Source: Lion and Orb Public Relations
Filed Under: Technology
0 Comments
Latest on TelAve News
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Vertical Consultants Launches Interactive Lease Grader Tool for Cell Tower Property Owners
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild