Fundz

Ret Ventures Leads $3-Million Seed Funding Round In Rent Butter, A Next-Generation Tenant Screening Product

PRIVATEAug 31, 2023

Round Type

Seed

ChicagoInformation TechnologyReal Estate

Investors

Ret Ventures Esg FundRet Ventures

Description

Rent Butter, the first advanced tenant screening solution designed specifically for workforce and affordable housing, today announced the completion of its seed financing round. The $3-million round was led by RET Ventures (‘RET’), an industry-backed venture fund focused on single and multi-family real estate technology. RET’s investment comes from the RET Ventures ESG Fund (the “Housing Impact Fund”), which invests in technologies that benefit real estate operators while advancing social or environmental goals.

Quick answer

Rent Butter raised an undisclosed amount in a Seed round, dated August 31, 2023. Investors: Ret Ventures Esg Fund and Ret Ventures. Rent Butter is based in Chicago, Illinois, United States.

How much did Rent Butter raise?
Rent Butter raised an undisclosed amount in a Seed round on August 31, 2023.
Who invested in Rent Butter?
Ret Ventures Esg Fund and Ret Ventures are named as investors in this round.
What does Rent Butter do?
Rent Butter is the first advanced tenant screening solution designed specifically for owners and operators of Class B and C multifamily housing.
Where is Rent Butter based and how big is it?
Rent Butter is based in Chicago, Illinois, United States.
Who are the decision-makers at Rent Butter?
Fundz holds 1 contact at Rent Butter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate around the same time

Companies in the same sectors as Rent Butter that raised within 45 days of this round, from Fundz verified event records.

  • Alliance Solutions Group raised an undisclosed amount (Corporate Round) on October 8, 2023.
  • Urbanimmersive raised $700K (Seed) on October 5, 2023.
  • Purpose Green raised $3.5M (Seed) on October 5, 2023.
  • Habyt raised $42M (Funding Round) on October 4, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.
  • Third Wave Coffee raised $35M (Funding Round) on September 28, 2023.

Who to call at Rent Butter, and when

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Company Information

Company

Rent Butter

Location

22 W. WASHINGTON ST., SUITE 1500

Chicago, Illinois, United States

About

Rent Butter is the first advanced tenant screening solution designed specifically for owners and operators of Class B and C multifamily housing. Founded in 2021, Rent Butter was created to empower multifamily property owners to better assess risk when screening potential tenants while helping renters build a financial resume. The digital application provides owners with in-depth banking and credit behavior reports, instantly validates important identification documents, seamlessly integrates with existing CRMs, and helps reduce eviction and turnover at multifamily properties. For more information, please visit: https://rentbutter.com/ or see their video here: https://vimeo.com/813308910/576a7a4022

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.