Rent Ready, a B2B services platform that uses technology to deliver an end-to-end make-ready service for apartment communities, announced a $10 million Series A investment led by Grotech Ventures with participation from prior investors, including CreativeCo Capital, as well as six new institutional investors.
Under the terms of the deal, Grotech partner Don Rainey is joining the board. The new capital will position Rent Ready to quickly scale geographically, invest further in its technology and expand its team, the company said. Currently Rent Ready serves apartment communities in Charlotte and Raleigh, North Carolina, and Atlanta, Georgia.
Built to eliminate the frustration of getting an apartment home move-in ready, Rent Ready utilizes a proprietary technology platform to make scheduling and completing a turn — from painting through cleaning — pain-free for apartment staff. Rent Ready also sources and vets the pros and ensures they complete high-quality work on time. The Series A capital will continue to accelerate the development of the technology platform with the ultimate goal of providing a completely frictionless make-ready process. The company is developing a customer portal, which will allow apartment staff to access a customizable digital turn services board, significantly enhancing the user experience.
