Rentvine, an Estero, Florida-based property management software company, has raised $74 million in growth capital.
Investors
The investment comes from Mainsail Partners, a growth equity firm that helps bootstrapped software companies scale and reach their potential. With over 20 years of experience, Mainsail offers assistance across various functional areas, including talent, finance, customer success, sales and marketing, product management, and R&D. Based in Austin and San Francisco, the firm has raised over $2.2 billion and invested in over seventy companies.
Rentvine Use of Funds
The company will use the funding to drive product innovation and enhance customer service.
About Rentvine
Rentvine is a property management software platform designed to streamline and enhance the operations of residential property management companies. It offers features for various aspects of property management, including trust accounting, maintenance management, leasing workflows, tenant screening, inbound and outbound payments, insurance, and owner and vendor management. Leveraging a cutting-edge technology platform with an open API, Rentvine is committed to delivering software that meets the needs of the property management industry. With a focus on innovation and customer support, Rentvine is reshaping property management technology.
Funding Details
Company: Rentvine
Raised: $74.0M
Round: Growth Round
Funding Date: August 2024
Lead Investor: Mainsail Partners
Additional Investors:
Company Website: https://www.rentvine.com/
Software Category: Property Management
Source: https://www.prweb.com/releases/rentvine-raises-74m-of-growth-capital-from-mainsail-partners-302230077.html