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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.
Social
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Email ID
*****@openrent.co.uk
Registered Address
6TH FLOOR,2 LONDON WALL PLACE,LONDON,UNITED KINGDOM,EC2Y 5AU
Key Metrics
Founded Year
2012
Location
Stage
Series A
Total Funding
$7.3M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 12, 2014
Ranked
Employee Count
49 as on Apr 30, 2026
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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
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OpenRent's founders and board of directors

Founder? Claim Profile
The founders of OpenRent are Darius Bradbury, Adam Hyslop and Gillian Wilson.
Here are the details of OpenRent's key team members:

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

OpenRent's employee count trend

OpenRent has 49 employees as of Apr 26. Here is OpenRent's employee count trend over the years:
Employee count trend for OpenRent
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Compass
Compass
2012, New York City (United States), Public
Provider of online brokerage services for residential properties
$1.52B
82/100
2nd
Logo for QuintoAndar
QuintoAndar
2012, Sao Paulo (Brazil), Series E
Online brokerage firm for rental properties
$755M
81/100
3rd
Logo for Homie
Homie
2015, San Francisco (United States), Series B
Online listing platform to buy or sell residential properties
$39M
71/100
4th
Logo for Purplebricks
Purplebricks
2012, Solihull (United Kingdom), Public
Provider of app-based brokerage services for residential properties
-
70/100
5th
Logo for Housfy
Housfy
2016, Barcelona (Spain), Series B
Online brokers of residential properties
$57.2M
63/100
6th
Logo for Homeday
Homeday
2014, Berlin (Germany), Acquired
Network of real estate agents providing property buying and selling services
$68.1M
62/100
7th
Logo for LandGate
LandGate
2016, Denver (United States), Series B
SaaS-driven data intelligence platform for commercial land rights management
$20M
61/100
8th
Logo for Prevu
Prevu
2003, New York City (United States), Acquired
Provider of end-to-end real estate brokerage services
$8.17M
61/100
9th
Logo for Homelister
Homelister
2015, New York City (United States), Series A
Provider of online real estate brokers
$14.5M
61/100
10th
Logo for My Property Box
My Property Box
2012, Darlington (United Kingdom), Seed
Chains providing property sales, lettings, management, and investment services
$363K
60/100
93rd
Logo for OpenRent
OpenRent
2012, London (United Kingdom), Series A
Online property rental platform
$7.3M
40/100
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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

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