Rentalutions Inc.

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Rentalutions Inc. - overview

Established

2012

Location

Chicago, IL, US

Primary Industry

Software

About

Rentalutions Inc. operates Avail, a platform that delivers advanced online property management solutions tailored for DIY landlords, facilitating efficient tenant screening, lease signing, and rent collection. Founded in 2012, Rentalutions Inc. is headquartered in Chicago, US.


The company focuses on providing online property management tools for DIY landlords. The founders include Dakotah Procell, Laurence Jankelow, and Ryan Coon, with Ryan Coon serving as the CEO. In December 2020, MOVE, Inc. , acquired Rentalutions Inc.


from several investors, including Cultivation Capital. The company has raised a total of USD 4. 20 mn, with its most recent funding round being a Series A led by Cultivation Capital. Avail Landlord Software offers a comprehensive suite of online property management tools designed for DIY landlords.


Key features include tenant screening functionalities that provide insights into potential tenants' credit histories and backgrounds, along with property listing capabilities, digital lease signing, and rent payment collection. The platform caters to a diverse audience of individual landlords and property managers, primarily in the United States, offering state-specific lease templates and maintenance tracking to streamline property management. Avail operates on a revenue model based on subscription services and transaction-based fees for its software solutions. Landlords subscribe to access features such as rental listings, tenant screening reports, and online lease signing.


The pricing structure includes various tiers to meet landlords' needs, with transaction fees applicable for tenant screenings and premium listing placements. This model fosters direct relationships with landlords, enabling efficient property management while generating revenue through subscription and service fees. Following the acquisition in December 2020, MOVE, Inc. aims to leverage Rentalutions Inc.


's resources to boost growth and expand into new markets. Future strategies may include designing new product offerings to enhance the user experience. The recent funding from the Series A round will play a crucial role in supporting these initiatives and facilitating the company's expansion plans.


Current Investors

Cultivation Capital, M25, Charmides Capital

Primary Industry

Software

Sub Industries

Web Applications, Content Management Software, Systems Management Software

Website

www.avail.co

Verticals

Cloud Computing, Real Estate Tech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Rentalutions Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedRentalutions Inc.-

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