Renthia
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 1.4m | - | 1.8m | 2.6m | 5.8m | 5.8m | 5.8m |
% growth | 84 % | - | - | 47 % | 124 % | - | - |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% EBITDA margin | (4 %) | - | (3 %) | (3 %) | (1 %) | - | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% profit margin | (4 %) | - | (5 %) | (7 %) | (2 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | €220k Valuation: €1.2m | Angel |
Total Funding | $242k |
Recent News about Renthia
EditRenthia operates as a global platform specializing in long-term home rentals, catering to both tenants and homeowners. The company simplifies the process of finding and booking homes for stays of 30 nights or more, making it an ideal solution for individuals seeking extended stays worldwide. Renthia's service is designed to be user-friendly, allowing tenants to browse, apply for, and instantly book homes that meet their needs from anywhere at any time. The application process is thorough, ensuring that profiles are reviewed with all necessary information for approval, thereby enhancing safety and reliability.
For homeowners, Renthia offers a compelling proposition by increasing property occupancy rates up to 100% with verified long-stay guests. The platform supports several channel managers to facilitate smooth onboarding, making it easier for property owners to list their homes. Renthia's business model revolves around charging service fees to both tenants and homeowners, generating revenue through these transactions.
Operating in the real estate market, Renthia serves a diverse clientele, including expatriates, digital nomads, and individuals relocating for work or personal reasons. The company's focus on long-term rentals distinguishes it from short-term rental platforms, providing a niche service that meets the needs of those seeking stability and convenience in their housing arrangements.
Keywords: long-term rentals, global platform, verified guests, seamless onboarding, extended stays, property occupancy, user-friendly, expatriates, digital nomads, relocation.