Rentberry Secures Investment from 369 Growth Partners to Fuel Expansion, Drive Innovation, and Strategically Acquire WeWork
Grand News Network March 19, 2024
San Francisco, CA, United States, 19th Mar 2024 - Rentberry, a leading real estate technology company, is excited to announce a significant investment from 369 Growth Partners, a prominent Silicon Valley venture capital fund (source). This strategic infusion of capital is not only set to expedite Rentberry's growth initiatives and bolster its innovative platform but is also fueling the company's potential acquisition of WeWork, the flexible workspace provider.
"Imagine a world where you can move seamlessly between living and working spaces tailored to your needs, location, and schedule. This is the vision we are working towards," stated Oleksiy Lubinskiy, CEO of Rentberry. “With the support of 369 Growth Partners, we plan to synergize WeWork's coworking spaces with Rentberry's innovative Flexible Living concept.”
The global workforce's growing demand for flexible professional and personal environments makes WeWork's community-oriented model an ideal match for Rentberry's strategy. Rentberry's Flexible Living concept enables tenants to rent furnished properties globally without security deposits for mid-term durations. This proposed merger aims to redefine coworking and co-living spaces, creating immense synergy across both domains.
The backing from 369 Growth Partners, known for their investment in groundbreaking companies such as SpaceX, Ripple, Quora, and Instacart, underscores their significant confidence in Rentberry's vision and ability to bring innovation to the rental market. This investment empowers Rentberry to advance its mission of streamlining the rental process for millions globally, emphasizing innovation and offering greater flexibility to both tenants and landlords.
About Rentberry:
Headquartered in Silicon Valley, Rentberry is a global home rental platform operational in more than 50 countries, processing over 60 million properties on a yearly basis. The company leverages big data and artificial intelligence (AI) to facilitate an efficient, user-friendly, and transparent property rental experience. As Rentberry continues to expand its global footprint, it remains dedicated to offering innovation and flexibility to both tenants and landlords.
About 369 Growth Partners:
Established in 2020, 369 Growth Partners, also known as "369GP," is a visionary venture capital firm with dual headquarters in Houston, Texas, and Silicon Valley, California. 369GP invests in disruptive startups that showcase fast-growth business models and a clear trajectory toward profitability and market dominance. Catering to companies from seed to late-stage development, 369GP has curated a robust investment portfolio, currently valued in excess of $250 billion.
For media inquiries, please contact Rentberry's Media Relations Department at press@rentberry.com.
Disclaimer: The views, recommendations, and opinions expressed in this content
belong solely to the third-party experts. This site was not involved in the writing and
production of this article.
Malaysia, 19th Jun 2024, King NewsWire - Switch Flow Resources Sdn Bhd, a leading force in water solutions, is making significant strides in the industry as a top water treatment plant consultants. Re...
United States, 20th Jul 2024 - India Visa For Mexican Citizens: Traveling from Mexico to India has become easier now because Mexico is one of the 169 countries that can apply for the India e-Visa. Sta...
New York, New York, United States, 9th Apr 2024 – Injective, a decentralized finance (DeFi) space platform, has introduced Injex Finance, a pioneering solution addressing a critical need in the DeFi...
Sao Paulo, Brazil, 17th Feb 2024 – Bioma Token, a creative initiative in the DeFi world, utilises blockchain technology to establish a secure and transparent ecosystem. With a unique approach, the Bio...
Discover Sell My Rolex London, your trusted buyer for luxury Rolex watches. Offering expert valuations, competitive offers, and a hassle-free selling experience. Visit us today to transform your Rolex...
United Arab Emirates, 4th Sep 2024 - Homes 4 Life Real Estate has once again proven its prowess in the real estate market by being recognized at the prestigious DAMAC Q2 Broker Awards 2024. The compa...
Singapore, 24th May 2024 - YCloud, a service provider specializing in leveraging WhatsApp to help businesses, has enhanced its marketing, sales, and customer support. Headquartered in Singapore, the c...
CANADA VISA FOR BELGIAN CITIZENSBelgian citizens need to obtain a valid eTA or visa to visit Canada legally. Belgians seeking to travel to Canada can now easily request a visa exemption online. The in...
Advik Bhatia is a legend in the investment world with a storied career that has taken him from New Delhi, India to Canada and from Canada to the United States. He is a globally recognized investor and...