{"id":23635,"date":"2025-05-14T13:47:24","date_gmt":"2025-05-14T06:47:24","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=23635"},"modified":"2025-05-14T13:47:24","modified_gmt":"2025-05-14T06:47:24","slug":"rently-secures-3m-pre-series-a-investment-led-by-orange-bloom-to-revolutionise-the-asian-rental-market","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=23635","title":{"rendered":"Rently Secures $3M Pre-Series A Investment Led by Orange Bloom to Revolutionise the Asian Rental Market"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">May 13, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<b><a href=\"https:\/\/www.rently.sg\/\" target=\"_blank\" rel=\"nofollow\">Rently<\/a><\/b>, a <span class=\"xn-location\">Singapore<\/span>-based prop-tech platform that lets tenants rent deposit-free while paying landlords on time every month, has closed a <span class=\"xn-money\">US$3 million<\/span> Pre-Series A led by impact investor <b><a href=\"https:\/\/orangebloom.world\/\" target=\"_blank\" rel=\"nofollow\">Orange Bloom<\/a><\/b>.<b>\u00a0<a href=\"https:\/\/www.hustlefund.vc\/\" target=\"_blank\" rel=\"nofollow\">Hustle Fund<\/a><\/b><b>, <a href=\"https:\/\/www.wohhup.com\/\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-person\">Woh Hup<\/span><\/a>, <a href=\"https:\/\/www.feedback.ventures\/\" target=\"_blank\" rel=\"nofollow\">Feedback Ventures<\/a><\/b>, and <b><a href=\"https:\/\/www.5iventures.com\/\" target=\"_blank\" rel=\"nofollow\">5i Ventures<\/a><\/b>\u00a0re-upped in the round, which values Rently at <span class=\"xn-money\">US$43 million<\/span>.<\/p>\n<p>Following this success, Rently is now targeting the close of its <b>Series A<\/b> funding round by the end of the year, positioning itself to further expand its market footprint and accelerate product development.<\/p>\n<p><b>Rently: Redefining the Asian Rental Market<\/b><\/p>\n<p>Founded in 2022, Rently is now establishing in the UAE and will enter <span class=\"xn-location\">Hong Kong<\/span> this year. The long-term rental market across <span class=\"xn-location\">Asia<\/span> is worth more than <span class=\"xn-money\">US$250 billion<\/span> annually and largely still relies on security deposits and manual processes.\u00a0Rently is transforming the industry through technology and innovative solutions such as:<\/p>\n<ul type=\"disc\">\n<li><b>Zero deposits, zero friction<\/b>\u00a0\u2013 Tenants subscribe to <a href=\"https:\/\/www.rently.sg\/blog\/rently-care-new-solution-to-rental-challenges-in-singapore\" target=\"_blank\" rel=\"nofollow\">Rently Care<\/a> and move in without locking up two months&#8217; cash.<\/li>\n<li><b>Guaranteed income<\/b>\u00a0\u2013 <a href=\"https:\/\/www.rently.sg\/solutions\/rently-pay\" target=\"_blank\" rel=\"nofollow\">Rently Pay<\/a> ensures landlords receive the full rent on the due date, even if a tenant pays late or defaults.<\/li>\n<li><b>Fully managed\u00a0<\/b>\u2013 The Rently app covers listings process, contracts, maintenance and insurance in one seamless platform.<\/li>\n<\/ul>\n<p><b><span class=\"xn-person\">Nikesh Kshirsagar<\/span><\/b>, Co-Founder of Orange Bloom, said, <i>&#8220;Rently isn&#8217;t just another tech startup, it has a deep understanding of future lifestyle trends, strategic corporate partnerships, and a world-class tech platform that simplifies the rental process for users. Orange Bloom firmly believes that Rently is positioned to reshape the rental market, creating efficiencies while integrating responsible, sustainable housing solutions. The co-founders, Dominic, Siebren, Tarik, Emeric, and Kutlay, have done an excellent job assembling a talented, forward-thinking team where innovation thrives. We look forward to being part of Rently&#8217;s exciting journey ahead.&#8221;<\/i><\/p>\n<p><b>Fund Allocation and Growth Plans<\/b><\/p>\n<p>With the proceeds from the Pre-Series A round, Rently plans to accelerate its expansion strategy by scaling Rently Pay across its existing markets, ensuring more landlords benefit from guaranteed, on-time rental income. The company will also localise its platform to support market entry into <span><span class=\"xn-location\">Hong Kong<\/span><\/span> and two additional Asian cities.\u00a0To support this development, Rently is also doubling the size of its product and data teams to ensure the platform can scale efficiently.<\/p>\n<p><b><span class=\"xn-person\">Dominic Schacher<\/span><\/b>, Co-Founder of Rently, expressed his enthusiasm for the next phase of growth, stating, <i>&#8220;We are thrilled to welcome Orange Bloom as our strategic partner. Their investment and expertise will be instrumental in accelerating our growth and expanding our product offerings. Together, we will continue revolutionising the rental market, making it more efficient, transparent, and accessible for everyone.&#8221;<\/i><\/p>\n<p>Existing investor <b>5i Ventures<\/b> also reaffirmed its support for Rently&#8217;s development. <b><span class=\"xn-person\">Dieter Schlosser<\/span><\/b>, General Partner of 5i Ventures, Board Member, and Key Investor in Rently, shared his perspective on the round&#8217;s success. <i>&#8220;The oversubscription of this round is a proof point of the trajectory Rently, and the leadership team have demonstrated. We are very excited to have the new investors on board. The first data points from our geographic expansion to the UAE clearly show the portability of the business model and the scalability of the platform,&#8221;<\/i> said Schlosser, who previously served as CEO of SoftwareONE.<\/p>\n<p><b>Orange Bloom&#8217;s Role and Strategic Partnership<\/b><\/p>\n<p>The partnership between Rently and Orange Bloom highlights the influence of impact-driven investment in reshaping industries and demonstrates how strategic investments can drive systemic change in traditional sectors. Orange Bloom&#8217;s entry into the proptech and fintech spaces through its investment in Rently reinforces its ongoing commitment to supporting sustainable-focused business models. The collaboration aligns closely with Orange Bloom&#8217;s Sustainability Fund, which has been active since 2022 and has backed numerous projects focused on sustainability and social impact. Through initiatives like the Sustainability Fund and future investments, Orange Bloom aims to empower a new generation of entrepreneurs who are shaping a more equitable and sustainable world.<\/p>\n<p>To learn more about Rently&#8217;s innovative rental solutions or partnership opportunities, please visit <b><a href=\"http:\/\/www.rently.sg\/\" target=\"_blank\" rel=\"nofollow\">www.rently.sg<\/a><\/b>.<\/p>\n<p><b>About Rently<\/b><\/p>\n<p><b>Rently Pte Ltd<\/b>\u00a0is a <span class=\"xn-location\">Singapore<\/span>-based fintech startup dedicated to transforming the property rental market. Offering deposit-free rental options through its <b>Rently Care<\/b> subscription and providing integrated property management services via the Rently app, the platform ensures that property listings are accessible, flexible, and secure. Designed to connect potential tenants with landlords, agents, and enterprises in a seamless and effective way, Rently is committed to making the renting process more transparent, safe, and efficient. Rently is a subsidiary of <b>REFIN Group Limited<\/b>.<\/p>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">May 13, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0<b><a href=\"https:\/\/www.rently.sg\/\" target=\"_blank\" rel=\"nofollow\">Rently<\/a><\/b>, a <span class=\"xn-location\">Singapore<\/span>-based prop-tech platform that lets tenants rent deposit-free while paying landlords on time every month, has closed a <span class=\"xn-money\">US$3 million<\/span> Pre-Series A led by impact investor <b><a href=\"https:\/\/orangebloom.world\/\" target=\"_blank\" rel=\"nofollow\">Orange Bloom<\/a><\/b>.<b>\u00a0<a href=\"https:\/\/www.hustlefund.vc\/\" target=\"_blank\" rel=\"nofollow\">Hustle Fund<\/a><\/b><b>, <a href=\"https:\/\/www.wohhup.com\/\" target=\"_blank\" rel=\"nofollow\"><span class=\"xn-person\">Woh Hup<\/span><\/a>, <a href=\"https:\/\/www.feedback.ventures\/\" target=\"_blank\" rel=\"nofollow\">Feedback Ventures<\/a><\/b>, and <b><a href=\"https:\/\/www.5iventures.com\/\" target=\"_blank\" rel=\"nofollow\">5i Ventures<\/a><\/b>\u00a0re-upped in the round, which values Rently at <span class=\"xn-money\">US$43 million<\/span>.<\/p>\n<p>Following this success, Rently is now targeting the close of its <b>Series A<\/b> funding round by the end of the year, positioning itself to further expand its market footprint and accelerate product development.<\/p>\n<p><b>Rently: Redefining the Asian Rental Market<\/b><\/p>\n<p>Founded in 2022, Rently is now establishing in the UAE and will enter <span class=\"xn-location\">Hong Kong<\/span> this year. The long-term rental market across <span class=\"xn-location\">Asia<\/span> is worth more than <span class=\"xn-money\">US$250 billion<\/span> annually and largely still relies on security deposits and manual processes.\u00a0Rently is transforming the industry through technology and innovative solutions such as:<\/p>\n<ul type=\"disc\">\n<li><b>Zero deposits, zero friction<\/b>\u00a0\u2013 Tenants subscribe to <a href=\"https:\/\/www.rently.sg\/blog\/rently-care-new-solution-to-rental-challenges-in-singapore\" target=\"_blank\" rel=\"nofollow\">Rently Care<\/a> and move in without locking up two months&#8217; cash.<\/li>\n<li><b>Guaranteed income<\/b>\u00a0\u2013 <a href=\"https:\/\/www.rently.sg\/solutions\/rently-pay\" target=\"_blank\" rel=\"nofollow\">Rently Pay<\/a> ensures landlords receive the full rent on the due date, even if a tenant pays late or defaults.<\/li>\n<li><b>Fully managed\u00a0<\/b>\u2013 The Rently app covers listings process, contracts, maintenance and insurance in one seamless platform.<\/li>\n<\/ul>\n<p><b><span class=\"xn-person\">Nikesh Kshirsagar<\/span><\/b>, Co-Founder of Orange Bloom, said, <i>&#8220;Rently isn&#8217;t just another tech startup, it has a deep understanding of future lifestyle trends, strategic corporate partnerships, and a world-class tech platform that simplifies the rental process for users. Orange Bloom firmly believes that Rently is positioned to reshape the rental market, creating efficiencies while integrating responsible, sustainable housing solutions. The co-founders, Dominic, Siebren, Tarik, Emeric, and Kutlay, have done an excellent job assembling a talented, forward-thinking team where innovation thrives. We look forward to being part of Rently&#8217;s exciting journey ahead.&#8221;<\/i><\/p>\n<p><b>Fund Allocation and Growth Plans<\/b><\/p>\n<p>With the proceeds from the Pre-Series A round, Rently plans to accelerate its expansion strategy by scaling Rently Pay across its existing markets, ensuring more landlords benefit from guaranteed, on-time rental income. The company will also localise its platform to support market entry into <span><span class=\"xn-location\">Hong Kong<\/span><\/span> and two additional Asian cities.\u00a0To support this development, Rently is also doubling the size of its product and data teams to ensure the platform can scale efficiently.<\/p>\n<p><b><span class=\"xn-person\">Dominic Schacher<\/span><\/b>, Co-Founder of Rently, expressed his enthusiasm for the next phase of growth, stating, <i>&#8220;We are thrilled to welcome Orange Bloom as our strategic partner. Their investment and expertise will be instrumental in accelerating our growth and expanding our product offerings. Together, we will continue revolutionising the rental market, making it more efficient, transparent, and accessible for everyone.&#8221;<\/i><\/p>\n<p>Existing investor <b>5i Ventures<\/b> also reaffirmed its support for Rently&#8217;s development. <b><span class=\"xn-person\">Dieter Schlosser<\/span><\/b>, General Partner of 5i Ventures, Board Member, and Key Investor in Rently, shared his perspective on the round&#8217;s success. <i>&#8220;The oversubscription of this round is a proof point of the trajectory Rently, and the leadership team have demonstrated. We are very excited to have the new investors on board. The first data points from our geographic expansion to the UAE clearly show the portability of the business model and the scalability of the platform,&#8221;<\/i> said Schlosser, who previously served as CEO of SoftwareONE.<\/p>\n<p><b>Orange Bloom&#8217;s Role and Strategic Partnership<\/b><\/p>\n<p>The partnership between Rently and Orange Bloom highlights the influence of impact-driven investment in reshaping industries and demonstrates how strategic investments can drive systemic change in traditional sectors. Orange Bloom&#8217;s entry into the proptech and fintech spaces through its investment in Rently reinforces its ongoing commitment to supporting sustainable-focused business models. The collaboration aligns closely with Orange Bloom&#8217;s Sustainability Fund, which has been active since 2022 and has backed numerous projects focused on sustainability and social impact. Through initiatives like the Sustainability Fund and future investments, Orange Bloom aims to empower a new generation of entrepreneurs who are shaping a more equitable and sustainable world.<\/p>\n<p>To learn more about Rently&#8217;s innovative rental solutions or partnership opportunities, please visit <b><a href=\"http:\/\/www.rently.sg\/\" target=\"_blank\" rel=\"nofollow\">www.rently.sg<\/a><\/b>.<\/p>\n<p><b>About Rently<\/b><\/p>\n<p><b>Rently Pte Ltd<\/b>\u00a0is a <span class=\"xn-location\">Singapore<\/span>-based fintech startup dedicated to transforming the property rental market. Offering deposit-free rental options through its <b>Rently Care<\/b> subscription and providing integrated property management services via the Rently app, the platform ensures that property listings are accessible, flexible, and secure. Designed to connect potential tenants with landlords, agents, and enterprises in a seamless and effective way, Rently is committed to making the renting process more transparent, safe, and efficient. Rently is a subsidiary of <b>REFIN Group Limited<\/b>.<\/p>\n<p>\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-23635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/23635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23635"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/23635\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}