OneRent Closes $4M Series A Funding

onerent_logoOneRent, a San Jose, CA-based provider of a residential rental and property management service, closed a $4M Series A round of funding.

Renren, an investor in early-stage startups, made the investment.

The company intends to use the funds for expansion into several new markets in 2016, and talent acquisition with a specific focus in engineering, operations, and sales.

Launched in January 2016, OneRent is now managing properties for more than 500 real estate investors and property owners with buildings from 1 to 50 units. The company plans to offer its services in the following cities:
– Los Angeles: Santa Monica, Hollywood, Venice, and Marina del Rey
– San Diego
– Portland
– Sacramento
– Washington, DC
– Boston.




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