OpenRent - About the company
OpenRent is a series A company based in London (United Kingdom), founded in 2012 by Darius Bradbury, Adam Hyslop and Gillian Wilson. It operates as an Online property rental platform. OpenRent has raised $7.3M in funding, with a current valuation of $*****. The company has 670 active competitors, including 177 funded and 59 that have exited. Its top competitors include companies like Compass, QuintoAndar and Homie.
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
- Registered Address
- 6TH FLOOR,2 LONDON WALL PLACE,LONDON,UNITED KINGDOM,EC2Y 5AU
Key Metrics
Founded Year
2012
Location
London, United Kingdom
Stage
Series A
Total Funding
$7.3M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 12, 2014
Investors
Ranked
93rd among 670 active competitors
Employee Count
49 as on Apr 30, 2026
Legal entities associated with OpenRent
OpenRent is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPENRENT LTD CIN: 7749632 , United Kingdom, Active | Aug 22, 2011 | - | 45 (As on Apr 30, 2024) | |
OpenRent Ltd CIN: 07749632 , United Kingdom, Active | Aug 22, 2011 | - | 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 2 rounds. Its first funding round was on Aug 18, 2014. Its latest funding round was a Series A round on Mar 03, 2017 for $*****. 1 investor participated in its latest round. OpenRent has 4 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 |
|---|---|---|---|---|---|---|
Mar 03, 2017 | 3767942 | Series A | 7032956 | 2651089 | 2355466 | 2475340 |
Aug 18, 2014 | 2783508 | Seed | 4531940 | 8481542 | 2685999 |
View details of OpenRent's funding rounds and investors
OpenRent's founders and board of directors
Founder? Claim ProfileHere 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.
- Gillian Wilson: OWNER of OpenRent.
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 | 14y 6m | |
Team | - | Current | 14y 6m |
View details of OpenRent's Founder profiles and Board Members
OpenRent's employee count trend
OpenRent has 49 employees as of Apr 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 Homie. 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 | Provider of online brokerage services for residential properties | $1.52B | 82/100 | |
2nd | QuintoAndar 2012, Sao Paulo (Brazil), Series E | Online brokerage firm for rental properties | $755M | 81/100 | |
3rd | Homie 2015, San Francisco (United States), Series B | Online listing platform to buy or sell residential properties | $39M | 71/100 | |
4th | Purplebricks 2012, Solihull (United Kingdom), Public | Provider of app-based brokerage services for residential properties | - | 70/100 | |
5th | Online brokers of residential properties | $57.2M | 63/100 | ||
6th | Network of real estate agents providing property buying and selling services | $68.1M | 62/100 | ||
7th | LandGate 2016, Denver (United States), Series B | SaaS-driven data intelligence platform for commercial land rights management | $20M | 61/100 | |
8th | Prevu 2003, New York City (United States), Acquired | Provider of end-to-end real estate brokerage services | $8.17M | 61/100 | |
9th | Homelister 2015, New York City (United States), Series A | Provider of online real estate brokers | $14.5M | 61/100 | |
10th | My Property Box 2012, Darlington (United Kingdom), Seed | Chains providing property sales, lettings, management, and investment services | $363K | 60/100 | |
93rd | OpenRent 2012, London (United Kingdom), Series A | Online property rental platform | $7.3M | 40/100 |
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
•
Moving service platform Just Move In secures $8M in Series A funding.startuplog.com•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
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