Sydney proptech RentBetter raises $5M from EVP to expand AI-powered property management platform for self-managing landlords.
PRIVATESep 25, 2026
Amount Raised
A$5 Million
Round Type
Seed
SydneyReal EstateProperty Management
Investors
Evp
Description
RentBetter, a Sydney-based proptech platform, has raised $5 million in funding from local venture capital firm EVP. The capital will be used to hire new team members and develop AI tools to automate tasks like tenant finding, document management, and compliance tracking. EVP partner Justin Lipman will join RentBetter's board as a director. The company previously raised $3.2 million, including a $1.9 million Series A in January 2022.
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Company Information
Company
RentBetter
Location
Sydney, New South Wales, Australia
About
RentBetter is a Sydney-based proptech platform that helps landlords manage their own rental properties without using traditional property management agents. The platform enables property owners to advertise rentals, screen applicants, sign leases, coordinate repairs, and track income and expenses. It uses AI tools to automate tasks such as finding tenants, managing tenancy documents, tracking rent, and handling compliance. The company targets the estimated 600,000-700,000 Australian self-managed investment properties.
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