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
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
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.
Profile
OpenRent LinkedIn Company Profile
Social Media
OpenRent Company Twitter Account
Company News
OpenRent News
Facebook
OpenRent on Facebook
YouTube
OpenRent on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Daz Bradbury
  Daz Bradbury LinkedIn Profile  Daz Bradbury Twitter Account  Daz Bradbury News  Daz Bradbury on Facebook
Co-Founder
Adam Hyslop
  Adam Hyslop LinkedIn Profile  Adam Hyslop Twitter Account  Adam Hyslop News  Adam Hyslop on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/4/2017: Astro Digital venture capital transaction
Next: 3/6/2017: SVRF venture capital transaction

 

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About Our Venture Capital Transactions Database

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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