OpenRent
UK startup providing online property renting and services
OpenRent is an online letting agent and property service provider founded in 2012. It is a UK-based startup company focused on technological solutions for property rentals. It claims to be the largest letting agent in the UK based on the number of properties, with over 5 million users as of 2022.
01History
OpenRent was founded in 2012 by two University of Oxford graduates, Darius Bradbury and Adam Hyslop, who had experienced the challenges of the UK property market as both a private landlord and tenant.
By 2015, OpenRent had the largest number of advertised properties for UK agents, ending the year with over 2,500 monthly listings. By 2021, it had let over 500,000 properties.
02Investors
Investors include Rocket Internet who invested £4.4m in 2017, and Northern & Shell who invested media for an equity stake in June 2014.
Sources and credits
This article is adapted from the Wikipedia article “OpenRent”, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.
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