Rentsmallsmall Inc is a technology-based property rental solution with a vision to improve the rental experience and increase occupancy rates in Nigeria. The company's unique business model allows verified tenants to pay rent flexibly, while also providing rent insurance for property owners against default. Unlike traditional agents, Rentsmallsmall Inc does not charge agency and legal fees. Founded in 2017 and headquartered in Nigeria, the company received $1.00M in debt financing investment on 31 October 2022. They operate from Lagos and have plans to expand into other major cities across Nigeria. Their objectives include building efficient platforms for property search and rental, effective property management, and bridging the trust gap between property owners and tenants through transparent and reliable services. With a focus on the Internet and real estate industries, Rentsmallsmall Inc is poised for growth and innovation in the Nigerian property rental market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $1.00M | - | 31 Oct 2022 | |
Seed Round | $2.00M | 10 | Wemimo Abbey, Vivaz +6 | 31 Oct 2022 |
Pre Seed Round | $100.00K | 1 | 08 Jul 2022 | |
Pre Seed Round | Unknown | 1 | Adam Meghji | 11 Jan 2022 |
Pre Seed Round | $120.00K | 1 | 18 Oct 2021 |
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