OpenRent - About the company
OpenRent is a series A company based in London (United Kingdom), founded in 2012 by Darius Bradbury and Adam Hyslop. It operates as an Online property rental platform. OpenRent has raised $7.3M in funding, with a current valuation of $*****. The company has 750 active competitors, including 179 funded and 68 that have exited. Its top competitors include companies like Compass, QuintoAndar and Purplebricks.
Company Details
OpenRent is an online property rental platform connecting tenants and landlords. OpenRent acts as an online agent taking care of enquiries, contract signing, deposit handling, etc. Prices for landlords start from a free service ranging up to a £49 service for landlord advertising and tenancy set-up. For tenants, there is a £20 charge to get referenced if a landlord requests one.
- Website
- www.openrent.co.uk/
- Email ID
- *****@openrent.co.uk
Key Metrics
Founded Year
2012
Location
London, United Kingdom
Stage
Series A
Total Funding
$7.3M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 12, 2014
Investors
Ranked
33rd among 750 active competitors
Annual Revenue
£10M - £50M as on Apr 30, 2025
Employee Count
48 as on Sep 30, 2026
Legal entities associated with OpenRent
OpenRent is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
OpenRent Ltd CIN: 07749632 , United Kingdom, Active | Aug 22, 2011 | £10M - £50M (As on Apr 30, 2025) | 27 (As on May 31, 2021) |
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OpenRent's funding and investors
OpenRent has raised a total funding of $7.3M over 3 rounds. Its first funding round was on Aug 18, 2014. Its latest funding round was a PE round on Aug 20, 2026 for $*****. 1 investor participated in its latest round. OpenRent has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of OpenRent:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 20, 2026 | 2252483 | PE | 8457797 | 8757641 | 4413035 | 1606796 |
Mar 03, 2017 | 5970749 | Series A | 2219560 | 1277692 | 5653515 | |
Aug 18, 2014 | 1552693 | Seed | 2588511 | 3727762 | 4803244 |
View details of OpenRent's funding rounds and investors
OpenRent's founders and board of directors
Founder? Claim ProfileThe founders of OpenRent are Darius Bradbury and Adam Hyslop.
Here are the details of OpenRent's key team members:
- Darius Bradbury: Co-Founder of OpenRent. They serve on the board of 1 company.
- Adam Hyslop: Co-Founder of OpenRent. They serve on the board of 1 company.
OpenRent's Board of Directors
OpenRent's board has 2 active members. Darius Bradbury and Adam Hyslop are part of team.Here is the list of OpenRent's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 15y 0m | |
Team | - | Current | 15y 0m |
View details of OpenRent's Founder profiles and Board Members
OpenRent's employee count trend
OpenRent has 48 employees as of Sep 26. Here is OpenRent's employee count trend over the years:
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OpenRent's Competitors and alternates
Top competitors of OpenRent include Compass, QuintoAndar and Purplebricks. Here is the list of Top 10 competitors of OpenRent, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Compass 2012, New York City (United States), Public | Real estate company that helps people buy, sell, and rent homes and apartments | $1.51B | 85/100 | |
2nd | QuintoAndar 2012, Sao Paulo (Brazil), Series E | Online brokerage firm for rental properties | $755M | 81/100 | |
3rd | Purplebricks 2012, Solihull (United Kingdom), Public | Provider of app-based brokerage services for residential properties | - | 74/100 | |
4th | Homie 2015, San Francisco (United States), Series B | Online listing platform to buy or sell residential properties | $39M | 69/100 | |
5th | Online real estate brokerage service platform | $3.62B | 69/100 | ||
6th | Yopa 2015, London (United Kingdom), Series C | Provider of residential property sales services through online digital platforms | $133M | 66/100 | |
7th | LandGate 2016, Denver (United States), Acquired | SaaS-driven data intelligence platform for commercial land rights management | $20M | 64/100 | |
8th | Online brokers of residential properties | $57.2M | 63/100 | ||
9th | HomeSmart 2000, Scottsdale (United States), Acquired | Real estate agency | - | - | 62/100 |
10th | Real estate platform offering services to property developers, brokerage agencies & home buyers | $311M | 61/100 | ||
33rd | OpenRent 2012, London (United Kingdom), Series A | Online property rental platform | $7.3M | 57/100 |
Looking for more details on OpenRent's competitors? Click here to see the top ones
OpenRent's Investments and acquisitions
OpenRent has made no investments or acquisitions yet.
Reports related to OpenRent
Here is the latest report on OpenRent's sector:
News related to OpenRent
Media has covered OpenRent for a total of 2 events in the last 1 year.
•
OpenRent Secures Major Investment from CVC for Rental Market Growththeintermediary.co.uk•Aug 20, 2026•OpenRent, CVC
•
Moving service platform Just Move In secures $8M in Series A funding.Startup Log•Feb 28, 2025•Just Move In, Eos Ventures, Wayra, Second Century Ventures and 7 others
•
Rightmove shares slump after firm ends contract with Openrent after terms disputeCity A.M.•Aug 06, 2024•Rightmove, OpenRent
•
PropTech firm OpenRent gets £4.4m from Global Founders CapitalTechCityNews•Mar 03, 2017•OpenRent, Global Founders Capital
•
OpenRent announces multimillion pound partnership with Northern & Shell | EU-StartupsEU-Startups•Aug 18, 2014•OpenRent, Northern & Shell
•
Online Renting Service OpenRent Scores Media-For-Equity Deal From Northern & Shell Ventures – TechCrunchTechCrunch+•Aug 18, 2014•OpenRent, Northern & Shell
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