Rentsoft is receiving a boost from Berlin: the capital-based rental portal Erento is investing a six-figure sum in the Munich-based startup. This will give the developers of the rental software the opportunity to further expand their innovations.
“An innovative and modern rental software”
In the past, rental companies of cars, mobile homes, construction equipment, and event equipment had to invest considerable effort in coordinating their business processes, such as offers, invoices, reminders, and handover reports, on their computers. The Sauerlach-based startup Rentsoft aims to close this gap with practical software tailored to the needs of rental companies. This should save significant time and money in day-to-day business. The company claims that the software sometimes even eliminates the need for a dedicated employee to handle this administrative work.
Rentsoft is cloud-based and works on any device. The software not only contains all the business documents required for the rental process, but also includes sample rental agreements that have been reviewed by lawyers and are regularly updated to reflect the latest legal requirements.
“Our goal with Rentsoft is to create an innovative and modern rental software that enables our customers to digitally map and simplify processes from their everyday work environment,”
says Tobias Engelsberger, CEO of Rentsoft.
Growth in the German market is the focus
Since April of this year, Rentsoft and Europe's largest rental portal, Erento, have been connected with the goal of offering landlords an even better and more efficient service. The goal is to both boost landlords' growth through inquiries and optimize their daily business processes.
Robert Rutkowski, Managing Director of Erento, says about the investment:
“Through our investment, we are strengthening Erento GmbH’s product portfolio and offering rental companies holistic solutions for their business.”
Rentsoft intends to use the financial boost primarily for further growth in the German market.