Rently, a proptech startup in its seed stage, introduced that it has formally launched in Singapore. This launch precedes the corporate’s anticipated Sequence A fundraising set to happen in Q1 2024.

The proptech’s deposit-free rental platform encompasses all facets of property administration from tenant acquisition and itemizing to contract negotiations and help.

Based by Dominic Schacher, Tarik Stafford, Siebren Kamphorst, Emeric Martin, and Turan Kutlay Kunbi, Rently goals to alleviate the monetary burden for renters and supply a safeguard in opposition to the rising development of rental scams in Singapore.

According to this, Rently incorporates strong safety measures into its platform together with rigorous landlord verification and the mixing of SingPass, Singapore’s official digital ID, to make sure person authenticity.

Supported by multi-family workplace Aument Capital Companions, Rently shared that it has plans for enlargement in its operations and geographical attain.

In preparation for its development plans, Rently has appointed Dieter Schlosser to its Board of Administrators who is thought for his management function in SoftwareOne and its profitable IPO.

Dominic Schacher

“Our objective is to make renting property hassle-free by creating the first-ever seamless end-to-end property platform. This platform covers all the pieces from trying to find a spot, transferring in with automated insurance coverage protection, to paying your deposit and lease—multi functional place.

 

Our intention just isn’t solely to simplify the method but additionally to reinforce security. By leveraging Singpass, we be sure that solely verified customers and properties are allowed onto our platform. This method helps eradicate the stress related to handing over deposits to unknown people, offering assurance that the rental transaction is legit.”

stated Dominic Schacher, Founding father of Rently.

Siebren Kamphorst

“Setting out with the intention of reshaping the best way tenancy agreements and landlord-tenant disputes are dealt with, we wished to supply a property administration platform that makes use of expertise to guard our purchasers with the very best degree of safety, making property transactions as seamless as potential,”

stated Siebren Kamphorst, COO and Co-Founding father of Rently.