Rentify

Real Estate & Construction Technology platform property management rental

Rentify is a letting agent built for the 21st century. It helps landlords to let and manage their properties, either themselves or using Rentify’s Property Specialists without the hassle and expense of an old-fashioned agent. Rentify's landords successfully leverage our unmatched property knowledge. This means better rents, great tenants and substantial savings in letting fees.
Rentify emphasises great customer service and convenience, powered by remarkable technology. Founded in 2011, Rentify operates nationwide with more than 175,000 landlords using its services to market, manage and make money from their properties.

Company Growth (employees)

Type

Private

London, GB

Founded

2011

Size (employees)

31 (est)-3%

Website

rentify.com

Rentify was founded in 2011 and is headquartered in London, GB

Key People at Rentify

George Spencer

Founder and CEO

Roxanna Zea

COO

Tom Blessley

Head of Product

Rentify Office Locations

Rentify has offices in London and Newton Aycliffe

London, GB (HQ)

6 8 Long Lane

Newton Aycliffe, GB

Parsons Court

Rentify Data and Metrics

Summary Metrics

Founding Date	2011
Total Funding	$10.5 m
Latest funding size	$1.9 m
Time since last funding	over 1 year
Investors	Crowdcube

Rentify's latest funding round in February 2016 was reported to be $1.9 m. In total, Rentify has raised $10.5 m. Rentify's latest valuation is reported to be £16.8 m.

Rentify Financial Metrics

Summary

Numbers are in £, GBP

Source: Company Filings,

Balance Sheet

Numbers are in £, GBP	FY, 2013	FY, 2014	FY, 2015
Cash	675.4 k	253.2 k	143.5 k
Accounts Receivable	149.3 k	210 k	182.9 k
Current Assets	824.7 k	463.2 k	326.4 k
PP&E	45.8 k	79.3 k	93.6 k
Goodwill	28.4 k	38.1 k	47.3 k
Total Assets	898.9 k	580.5 k	467.4 k
Accounts Payable	54.3 k	180 k	288.2 k
Current Liabilities	54.3 k	180 k	288.2 k
Total Equity	844.6 k	400.6 k	179.2 k
Financial Leverage	1.1 x	1.4 x	2.6 x