RENTMANIA attracts 15 million rubles for business development

Rentmania.org is the largest online community for renting personal things. Every day thousands of people turn to the website in search of the goods they need, for example , sports and leisure goods, special uniform, wear leisure wear for a special occasion, building materials, consumer electronic devices and children's clothes. The service allows to reserve items for the desired date, conclude a rental contract, make a payment by credit card and fix the amount of collateral. Delivery service is also provisioned. The service handles transactions between owners and renters for a 20% commission.

The Alpha version of Rentmania.org was launched in November, 2013. In the summer of 2014 the service came though the full-time IIDF accelerator and secured funding in the volume of 1.4 mln. RUR in exchange for 7 % of the company stock. In the same year Rentmania reached the final of Gens, RVC-organized accelerator for technological start-ups, and was awarded a direct grant of 1 million RUR from the Foundation for Assistance to Small Innovative Enterprises, better known as "Bortnik Fund". In 2015 Rentmania was the only team from Russia which was selected and invited to attend StartupSauna, the international accelerator program which was held in Finland and lasted for five weeks. In May 2016 Rentmania founders returned from IIDF their 7% stock for 2.4 million RUB. Today, the service attracts thousands of users every day. Rentmania operates within and outside Moscow.

"Our team is open to new followers and overwhelmed with joy if these people with smart-money believe as firmly as we do that before long millions of people will borrow anything very quickly and easily. Our short-term objective is – to bring the number of deals up to one hundred a day" – says Arkady Meshkovsky, CEO at Rentmania.

External investments will be spent on product improvement and marketing.