PhoRent.com is a peer-to-peer rental marketplace founded in 2012 with the slogan "Rent out seldom-used household items and easily book rentals from others with our peer-to-peer marketplace." Described as the "Airbnb for the recreational experience," the platform allows users to rent out a wide range of items, from party supplies to jet skis. What sets PhoRent.com apart is its focus on user protection, offering a "Rental Protection Program" (RPP) akin to insurance, covering damage, loss, and liability. The last investment of $250.00K came from Angel investor Mark Wan on 12 August 2013. The company operates in the E-Commerce and Marketplaces industries and continues to innovate with its proprietary PhoRent Mobile App to enhance the rental experience.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Angel Round | $250.00K | 1 | Mark Wan | 12 Aug 2013 |
Seed Round | $50.00K | 1 | Joshua Saffren | 31 May 2013 |
Seed Round | $100.00K | 3 | Dennis Jermaine, Mark Wan +1 | 17 Apr 2013 |
Seed Round | $20.00K | - | 06 Feb 2013 | |
Seed Round | $55.50K | - | 04 May 2012 |
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