Rendin provides a home rental platform that combines technology, insurance, real estate agency and law-firm services to connect and protect landlords and tenants. The company signs up to 600 rental contracts on its platform every month. Rendin was founded in 2019 and is headquartered in Tallinn, operating in the Estonian and Polish markets with a 20-person team. Since the end of 2020 the startup has raised a total of €4.2M. With the fresh investment the company aims to become a pan-European platform for safe renting and is preparing further fundraising to expand into new markets and strengthen its positions in Estonia and Poland. The product and go-to-market emphasize saving time and money for both landlords and tenants through integrated services. Rendin operates a long-term rental platform that uses an insurance-backed no-deposit feature to smooth transactions between landlords and tenants. Launched publicly in Estonia on March 10, 2020, the company is expanding into Poland. Its platform digitizes the rental process, integrates with rental marketplaces and real-estate CRMs, and provides a letting agreement service with guarantees. Rendin underwrites risks via a partnership with ERGO Insurance SE (Munich Re Group) and has built an end-to-end value chain including evidence-based handovers, preventive insurance flows, loss control and claim handling. The company charges a 2.5% fee on monthly rent to cover insurance costs; the fee can be paid by either tenant or landlord and many landlords choose to pay to find tenants faster. Rendin positions itself as building a new standard in home renting by increasing trust and occupancy through digitization and insurance.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2024