• Guest Post   |
  • Submit App Review   |
  • Submit PR   |
  • Advertise   |
  • Contact Us
  • Login
No Result
View All Result
Advertisement
Mobile App Development | Design | Marketing Magazine: Appedus
Subscribe
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

    How to Create a Mobile App Marketing Strategy That Works

    How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

    How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

    App-Analytics-and-Data-Driven-Insights-Appedus

    Marketing 101 : Top App Analytics and Data-Driven Strategies

    In-app-purchases-and-in-app-subscriptions-Appedus

    In-App Purchases and Subscriptions

    Trending Tags

      • App Store Optimisation
      • App User Engagement
      • App Push Notifications
      • App Onboarding
      • App Analytics
    • App Design
    • App Reviews
      • All
      • Books & Reference
      • Business
      • Dating
      • Education
      • Finance
      • Fitness
      • Food & Drink
      • Health
      • iOS apps
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
      • Utilities
      • Video Editing
      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

      The Rise of Mobile Payment and Financial Apps

      Adverse Effects Of UV Radiation

      6 Adverse Effects Of UV Radiation

      6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

      6 Best iOS Productivity Apps You Can’t Live Without

      7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

      7 Reasons Why Every Business Should Be Mobile-Friendly

      The-top-ten-mobile-apps-all-travellers-should-use-appedus

      The top ten mobile apps all travelers should use

      5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

      5 Ways To Promote Your Mobile App In A Smarter Way

      What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

      What To Do If Your Cell Phone Is Lost or Stolen

      Free-Android-Meme-Maker-Appedus

      5 Best Free Android Meme Maker

      Trending Tags

      • Travel
      • fitness
      • Video Editing app
      • Utilities
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
    • App Events
    • Exclusive
    • Home
    • App Development
    • App Marketing
      • All
      • App Onboarding
      • App Store Optimisation
      • App User Engagement
      • Push Notifications
      How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

      How to Create a Mobile App Marketing Strategy That Works

      How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

      How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

      App-Analytics-and-Data-Driven-Insights-Appedus

      Marketing 101 : Top App Analytics and Data-Driven Strategies

      In-app-purchases-and-in-app-subscriptions-Appedus

      In-App Purchases and Subscriptions

      Trending Tags

        • App Store Optimisation
        • App User Engagement
        • App Push Notifications
        • App Onboarding
        • App Analytics
      • App Design
      • App Reviews
        • All
        • Books & Reference
        • Business
        • Dating
        • Education
        • Finance
        • Fitness
        • Food & Drink
        • Health
        • iOS apps
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
        • Utilities
        • Video Editing
        The-future-of-mobile-virtual-events-and-webinars-appedus

        The Future of Mobile Virtual Events and Webinars

        The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

        The Rise of Mobile Payment and Financial Apps

        Adverse Effects Of UV Radiation

        6 Adverse Effects Of UV Radiation

        6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

        6 Best iOS Productivity Apps You Can’t Live Without

        7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

        7 Reasons Why Every Business Should Be Mobile-Friendly

        The-top-ten-mobile-apps-all-travellers-should-use-appedus

        The top ten mobile apps all travelers should use

        5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

        5 Ways To Promote Your Mobile App In A Smarter Way

        What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

        What To Do If Your Cell Phone Is Lost or Stolen

        Free-Android-Meme-Maker-Appedus

        5 Best Free Android Meme Maker

        Trending Tags

        • Travel
        • fitness
        • Video Editing app
        • Utilities
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
      • App Events
      • Exclusive
      No Result
      View All Result
      Mobile App Development | Design | Marketing Magazine: Appedus
      No Result
      View All Result
      Home Featured

      RentCheck raises $2.6M in seed funding to help renters get their security deposits back

      RentCheck created a web tool for property managers that they hope would assist renters with guided property inspections.

      by Editorial Team
      August 10, 2021
      in Featured, Funding, News-Curated
      Reading Time: 4 mins read
      0
      RentCheck
      Share on FacebookShare on Twitter

      Table of Contents

      • Main Highlights
      • What does RentCheck do?
      • RentCheck’s Investors

      Main Highlights

      • RentCheck, a business that uses an automated property inspection platform has secured $2.6 million in initial funding.
      • RentCheck created a web tool for property managers that they hope would assist renters as well.
      • The digital platform of the firm operates by allowing property managers to facilitate and perform remote, guided property inspections.
      • Due to the automated and contactless nature of the platform, the firm witnessed increasing demand when the COVID-19 epidemic began.

      RentCheck, a business that uses an automated property inspection platform to assist address the “he said, she said” problem in these instances, has secured $2.6 million in initial funding.

      Lydia Winkler and Marco Nelson founded the firm in mid-2019 after Winkler went through a circumstance similar to mine and ended up suing her landlord in small claims court. At the time, she was pursuing her JD/MBA at Tulane University.

      “It was an injustice that I didn’t pursue it,” she added. “I took careful photographs of my apartment’s move-out condition. It took 18 months to complete the process. However, not everyone has the time or knowledge to go to court.”

      Nelson, who had purchased many houses and ended up renting them out, was the next person she met. He, too, experienced difficulties with security deposits, but in the opposite direction. He had to handle deposit issues and found himself documenting the state of houses at the time of move-out.

      “When I met Lydia, we discovered we were both enthusiastic about the same issue,” Nelson said. RentCheck, situated in New Orleans, was born. There are an estimated 48 million rental apartments in the United States, with a $1,000 deposit.

      “A significant portion of that is being fought for on aggregate,” Winkler added. “And so many people need that money to put down a deposit on a new apartment.”

      What does RentCheck do?

      To solve the issue, RentCheck created a web tool for property managers that they hope would assist renters as well. The digital platform of the firm operates by allowing property managers to facilitate and perform remote, guided property inspections. Due to the automated and contactless nature of the platform, the firm witnessed increasing demand when the COVID-19 epidemic began. In terms of the number of properties on the platform, it increased by 1,000%, largely organically.

      “We utilize a guided inspection method to urge and guide customers room by room, informing them exactly what to take photographs of so that floors, ceilings, windows, and walls are all accounted for,” Winkler explained.

      Everything is done within the app, so users can’t upload images from their camera roll “to protect the integrity of the examination,” and everything is time-stamped. When the inspection is over, whoever performed it signs off on it, certifying that everything was done correctly and honestly. The property manager can then sign off on it as well, allowing both parties to agree on the move-out condition.

      The firm is a SaaS startup that charges property management businesses a monthly fee based on the number of properties they have on the RentCheck platform. They may then do “as many inspections as they want,” Nelson says, “whether they are done by the residents, their own teams, a third-party vendor, or a hybrid of the three.”

      pGBvnQp5SkvwQSeno20ON5i

      RentCheck’s Investors

      Since its beginning, the firm has attracted several big-name investors, including James “Jim” Coulter, founder of TPG Capital, who first saw it when it won New Orleans Entrepreneurship Week. Coulter later became one of the company’s initial investors, contributing $1 million to its pre-seed round.

      Cox Enterprises participated in the seed round, as did angels such as Jim Payne, who previously sold MoPub to Twitter and MAX to AppLovin; Ken Goldman, the former CFO of Yahoo and who now runs Hillspire, Eric and Wendy Schmidt’s family office; Mark Zaleski and John Kuolt of BCG Digital Ventures, and Brian Long, the fount of BCG Digital Ventures. Institutional investors such as Irongrey, Context Ventures, and Techstars were also present.

      “What we like about RentCheck is that it uses really sophisticated technology to automate and address probably the industry’s largest challenge in terms of money and time for both property managers and tenants,” said Kuolt, a former managing director at BCG Digital Ventures and an early RentCheck investor. “The deposit deduction issue requires a technological solution because nearly everyone has been taken advantage of by a landlord at some point. When you see and utilize RentCheck’s solution, you wonder, “Why didn’t I think of this?” 

      mm

      Editorial Team

      We at Appedus are a group of digital nomads aggregating, writing, and publishing the best of the tech news in the mobile app ecosystem. Our constant endeavor is to get the most actionable news for you to use.

      Next Post
      Snorkel AI

      Data labeling platform Snorkel AI raises $85M

      Weekly Newsletter

      Top Apps This Week

      The-Top-Mobile-App-Trends-to-Watch-for-in-2023-appedus
      Featured

      The Top Mobile App Trends to Watch for in 2023

      by Editorial
      March 2, 2023

      In this article, we will explore the top mobile app...

      Read more
      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      February 22, 2023
      The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

      The Rise of Mobile Payment and Financial Apps

      February 17, 2023
      Load More

      About Us

      Mobile App Development | Design | Marketing Magazine: Appedus

      Appedus is a mobile app ecosystem focused news publishing platform which covers various topics like app design, app development, app marketing and other relevant news, views or opinions. We also publish industry insights, e-books, developer interviews and e-magazines. You can get in touch with us on hola@appedus.com or you can snail mail us at

      Medianiti Ltd. Brooklands Business Park, Wellington Way, Weybridge KT13 0TT, United Kingdom

      Latest Articles & News

      Advantage-of-App Event API-in-2023-appedus

      Advantage of App Event API in 2023?

      May 22, 2023
      Tech-Industrys-Shakeup-Unveiled-Transformative-Tech-Industry-Layoffs-2023s-and-the-Rise-of-Resilience-appedus

      Tech Industry’s Shakeup Unveiled: Transformative Tech Industry Layoffs 2023’s and the Rise of Resilience

      May 17, 2023

      Important Links

      • Guest Post
      • Submit App Review
      • Submit PR
      • Mobile App Marketing
      • Mobile App Reviews | Top Android & iOS app reviews
      • Top Apps
      • Curated News
      • Advertise
      • Contact Us

      Subscribe

      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      No Result
      View All Result
      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Go to mobile version