Ashcombe advises Rentify on its Series ‘A’ Financing
Ashcombe Advisers have acted as financial adviser to Rentify on their recent £2m of Series A investment from Balderton Capital, one of Europe’s leading venture capital investors.
Rentify is the UK's leading online service for landlords, helping them to market, manage, and make money from their properties. The company was established in 2011 and their first services went live in 2012. It has already delivered exceptional growth, attracting more than 60,000 users with over £100m of rental properties passing through Rentify’s systems.
The funding and partnership with Balderton will allow Rentify to expand its central London team and accelerate the development of new products and services for landlords and tenants.
Ashcombe Advisers have been working with Rentify for over 18 months, helping them to develop the business operationally, strategically and financially. Simon Bullivant, a founding partner of Ashcombe, comments:
“We are strong believers in Rentify and are excited to be able to bring in a new partner that shares our vision and is able to provide Rentify with a strong platform for the next phase of growth.”