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RentSpree Raises $17.3 Million in Series B, Propelling Continued Growth in the Booming Rental Market

New Investment from Prominent Industry Partners is Set to Facilitate Expanded Product OfferingsLOS ANGELES, Aug. 29, 2022 /PRNewswire/ -- RentSpree, the industry's premier end-to-end rental management software provider, today announced that it has closed $17.3 million in Series B financing. This brings the company's total amount raised to nearly $28 million. These investments will help the company expand product offerings for both renters and agents and secure additional strategic partnerships, furthering its mission to help the real estate industry embrace a growing nation of renters.
RentSpree Raises $17.3 Million in Series B, Propelling Continued Growth in the Booming Rental Market
This latest round of funding is led by Green Visor Capital. The fintech venture capital firm is joined by new investors Rally Ventures, the California Association of REALTORS (C.A.R.), Venture MLS, ECG-Research, KEC Ventures, and Gaingels, with participation from existing investors 645 Ventures and Vesta Ventures. "We recognized a marked shift toward renting that has been years in the making," says Michael Walsh, General Partner, Green Visor Capital. "That transformation has only accelerated over the last 24 months. RentSpree is well-poised to continue leading the industry through these changing dynamics due to its partnerships, product innovation, and momentum."
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