Rentalutions New Funding

This morning, I am thrilled to share exciting news with you!

As reported by the Wall Street Journal, Fortune, CrunchbaseCrain’s Chicago Business, Chicago Inno and others, we recently raised a $2 million round of funding.

We launched Rentalutions four years ago to make renting easy for DIY landlords and their tenants. When I pause to think about it, we have accomplished a lot.

We have built the only end-to-end software platform that helps landlords save time managing rental units. We help our landlords with everything from rental listings to leases to collecting rent. In 2016 alone, landlords saved more than 1.2 million hours by using Rentalutions!

Our team is constantly updating the platform. In the first few months of this year, we announced several enhancements including new payment reports to help landlords with taxes and improved eviction reporting.

The educational content we publish is consistently recognized as a top resource for landlords.

Today, more than 30,000 landlords and their tenants use our platform in 10,000 zip codes across the United States.

We have developed partnerships with industry-leading companies including State Farm, TransUnion, Zillow Group, Apartments.com, Two Men and a Truck, and many more.

While we are proud of everything that we have accomplished as a team, there is a lot more that we want to do to further our mission of making renting easy. This is why we raised capital from some of the best, smartest investors.

Our newest investors, Cultivation Capital, Sandalphon Capital, M25 Group, and Charmides Capital all have extensive experience in the residential real estate market, which makes them perfect partners for us.

Please read below to learn about how this funding will impact you.

For our Landlords and Tenants

The people who will be most impacted by this funding is you – our landlords and tenants.

Since launching Rentalutions four years ago, you have shared feedback and suggestions with us. Some of your feedback was on ways that we can improve our existing product, but the majority is for entirely new features and functionality.

With this funding, we are expanding our product design and development teams so that we can act on your feedback and suggestions faster than ever.

We have a long list of things planned, and we will continue sharing updates with you as they happen.

Team

Rentalutions Team

With only nine people, our team has built a platform that is revolutionizing how landlords manage their rental properties. As a founder, I could not be more proud of everyone that I get to work with.

Although we have kept the team very lean to date, we know that now is the right time for us to grow. We expect to more than double the size of our team by the end of 2017.

If you want to learn more about joining us, check out our jobs page.

Beyond working with incredible people in an exciting environment, we empower our employees by encouraging everyone to learn new skills. We have a lot of fun too!

Our Promise to You

While raising this funding is an important milestone for our company, we recognize that it’s only just the beginning of the next chapter.

As co-founder and CEO of Rentalutions, I promise that our company will continue:

  • Improving our platform to deliver even more value for landlords and tenants

  • Creating and sharing educational content that is full of expert advice

  • Delivering outstanding customer support

How You Can Help

If you love what we’re doing, I would appreciate your help. If you know of a friend or colleague who owns rental properties, please refer him or her to our platform.

With our landlord referral program, that we announced earlier this year, you’ll both be rewarded when your friends sign up.

We are grateful to have so many supporters who have followed our journey so far. We’d love to answer any questions you might have. You can contact us at support@rentalutions.com or comment below to let us know your thoughts.

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