Rently PTE. LTD.

Based in Singapore, Rently PTE. LTD. offers a platform that simplifies the rental process for tenants and landlords, focusing on deposit-free renting solutions and comprehensive tenant support services. Rently PTE.

LTD. was founded in 2022 in Singapore, focusing on streamlining the rental experience. The company has not undergone any notable pivots or changes in business operations since its inception. The founder's history is not specified.

As of May 2025, Rently raised USD 3 million in PRE-SERIES A funding led by Orange Inc. , with participation from Hustle Fund, Woh Hup Pte Ltd, Feedback Ventures, and returning investor 5I Ventures. This funding round has raised a total of USD 3 million. Rently is a PropTech startup that provides a platform designed to simplify the rental process for both tenants and landlords.

Its core offering, Rently Care, facilitates deposit-free renting by covering the security deposit for tenants, allowing them to pay a monthly service fee instead. This service includes comprehensive tenant vetting processes, which encompass Anti-Money Laundering (AML) and credit checks, aimed at ensuring tenant reliability. The platform allows tenants to log inventory defects and manage rental agreements, and includes complimentary home contents insurance underwritten by AIG Asia Pacific Insurance Pte. Ltd.

for eligible tenancies. Rently's services primarily target the Singapore market, modeled on successful practices from North America and Europe, efficiently addressing common pain points in the rental experience for both residential tenants and property landlords. Rently generates revenue through a subscription-based service model, where tenants pay a monthly service fee for the Rently Care package, including security deposit coverage and various tenant support services. Upon securing a lease, a tenant enters into a service agreement with Rently and pays the stipulated service fee monthly.

Rently pays the required security deposit directly to the landlord, which simplifies the process for both parties and ensures landlords receive timely deposit payments without fees. This model allows landlords to benefit from the service at no additional cost while creating a more financially manageable pathway for tenants to secure rental agreements. The pricing structure is personalized based on the tenant's profile and the specific terms of the lease. In May 2025, Rently PTE.

LTD. raised USD 3 million in PRE-SERIES A funding to support business expansion and target its current market. The company plans to develop new products aimed at enhancing its rental services, although specific details and release dates have not been disclosed. Rently is also looking to expand its operations into additional markets, with specific regions and timelines yet to be announced.