renting done right. finally. · 2020-05-18 · virtual reality perform online open house visits and...
TRANSCRIPT
Renting Done Right. Finally.Spring 2020
Properties
6 mln+
Team
International
Capital Raised
Launched
Headquarters
30 People
40+ Countries
$10 mln
2017
San Francisco
Featured on:
Summary
Online DataStorage
Property Marketing
Service Providers
TenantScreening
Application Process
Rental Auction
E-contracts
Rental Payments
Convenience
Security
Global Expansion
Automation
RentberryRental Platform
Rentberry Overview
FLEXIBILITY. FREEDOM. LESS RISK.
5 to 6 million families will become new renting households in the US alone over the next 10 years. Renting has become an economic and lifestyle choice for 46% of those under the age of 45.
Renting is the New Buying
There is a Challenge in the Long-Term Rental Market
Tenants Homeowners
want transparency and save valuable time
want to lease to quality tenants at the highest price
Painful experience with brokers
Current Platforms Lack the Solution and Technology
Inability to save on move-in costs
Incomplete business models
Time-consuming platforms
Absence of transparent application process
Outdated design and features
How it works
INTUITIVE. FAST. SIMPLE.
Rentberry’s Solution for Easy Rentals
SelectProperty
Analyze Competition
SubmitApplication
E-SignLease
Manage Rental
1 2 3 4 5
Receive valuable insight on prospective tenants
Reviews & Ratings
Instant decision making process
Online Applications
Efficient and Secure for Property Owners
Flexible payment options
On-time RentPayments
E-sign all rentalagreements
E-SignContracts
Receive higher bids from prospective tenants
Rental Price Bidding
Syndicate properties to top real estate platforms
Quality Leads
VirtualReality
Perform online open house visits and save time
Saving and Comfortable for Renters
Full Rental Experience
First and only closed loop platform
Maintenance Request
No Spam
Instant and hassle-free communication with landlords
All listings are current and verified
Intelligent Analysis
Have full visibilityinto the rental process
Instant Savings
Save thousands duringmove-in
Helps Save Lives During COVID-19
Sign DocumentsFrom HomeWe have partnered with HelloSign to make sure all the necessary paperwork can be done online, without you leaving your home. It's easy to use and secure.
Contract
Virtual Tour is the New Open HouseChoose a convenient way to learn about the property you're interested in. It can be a simple Face Time call with the landlord or a full 360 VR tour.
Virtual Tour Available
Video ZoomVR
Perform All Tasks Online to Minimize Direct Contact
Timeline
Capital Raise$1 mln
Capital Raise$2.5 mln
Capital Raise$5 mln
National Platform5,000+ US Cities
AchievedPatented Tech
900k Users
New SegmentsHomes for Sale Senior Housing
2018 – 2019* 2020 20212016
Global Platform 40+ Countries
Capital Raise$3.1 mln
Series-A
Target Valuation$50 mln
2017
20182017 2019 2020 – 2021
* Includes capital raised from the Rentberry token sale.
Total Capital Raised:$10 mln
Series-A Target:$12 mln at $50 mln valuation
Investors & Partnerships
Institutional and Angel Investors From: Partnerships With:
Investors
Brands
Patents
Trademarks
Corporate Structure & IP
Rentberry Inc.
Owns
* Includes the code written for web and mobile apps as of Mar 1, 2019
rentberry.com
Brands
Intellectual Property
258 Domains
46Trademarks
(residential platform)
334,402lines of code*
1Patent
(real estate blog)
landlordtips.com
International Presence
100,000 +
Properties
3,500 - 6,000
2,000 - 3,500
500 - 2,000
10 - 500
40+ Countries
Largest Markets in the US
*Information from Google Analytics. Users. Jan 1st, 2019 – Dec 31st, 2019.
California, 15%
Texas, 16%
New York, 8%
Florida, 8%
The US Market is Huge
*Information from nhmc.org and Yardi Matrix.
units rented each year
44mlnspent on rent each year
694 bln USDblocked as rental deposits
87 bln USD
Flexible Revenue Model
Application fee $9.99per application
Co-signer network fee $19.99per property
TenantsT
EnterpriseE
Property promotion(30 days)
$49.99per property
$1.00monthly
per property
$19.99per property
E-sign, rent collection& cloud data storage
Residential properties(homes, apartments & condos)
LandlordsL
Agent fee $24.99
monthly per agent
AgentsA
*Does not include revenue from other sources (such as sale of renters insurance, leads to moving companies, etc.)
$7 Billion Yearly Market Opportunity
Revenue from Tenants:
tenants yearly application fee
111mln
9.99USD
3.3bln USD
3offers
rentalunits
yearly promotionfee
44mln
49.99USD
2.2bln USD
1ad
rentalunits
rentalagreement
e-sign/storage
44mln
19.99USD
0.9bln USD
1year
agents subscription agentfee
2mln
24.99USD
0.6bln USD
12months
Revenue from Landlords:
Revenue from Agents:
* Information for the US market. Does not include revenue from the commercial real estate
2021 2022
0.5
3
2
5
14
27
170.14.8
2020
Revenue from Agents
Revenue from Tenants
Cash Balance (April 2020): $2.5 mln
Financial Projections (mln)
Revenue from Landlors
Experienced Team
Alex KotovskovHead of Design
30 450
Denis GolubovskyCTO
Full stack engineer and focus driven coder with 12 years of experience
Oleksiy LubinskyCEO
UC BerkeleyBusiness Administration & Economics
CityHour, Deloitte, Raiffeisen, Seven Hills
Successful entrepreneur responsible for defining Rentberry’s vision
Aleksey HumenukCMO
SEO and social media marketing veteran
Dedicated People
Years of Combined Experience
Headquaters:San Francisco
Distinguished UI/UX web and mobile designer
Lily OstapchukCPO
Product launch and business development expert
New approach to market pain points that current rental solutions do not solve
The only trully international real estate platform operational in 40+ countries
Rentberry Advantage:
Industry Exits
$3.0B acquired
$3.5B
$385M
$355M
$1.7B
$414M
$585M
acquired
acquired
acquired
acquired
acquired
acquired
$525M acquired
TractionPageviews
46k
1.9mlnMAU 231k
Nov, 2018 May, 2019 Oct, 2019 Apr, 2020
Average Increase In Rent Transaction Growth
Average Decrease In Rent Partnerships
Properties
6 mln+
Users
6% 2019: 213%
8% 302019: 900k
*Information from Google Analytics.
242k
Nov, 2018 May, 2019 Oct, 2019 Apr, 2020
2019 Performance
* Information fro Google Analytics. Jan 1st, 2018 – Dec 31st, 2019.
Users
306k
195%
2018
900k
2019
Sessions
377k
207%
2018
1.2mln
2019
Pageviews
1.1mln
503%
2018
6.9mln
2019
Listings
783k
402%
2018
3.9mln
2019
Cities
6k
190%
2018
19k
2019
Built dedicated teamProved business model Established strong customer base Signed key partnerships Achieved strong media coverage Secured high profile investors Successfully raised $10 mln
Accomplished to date:Expand patent portfolioIncrease user baseAdd product functionality Strengthen brand awareness Advance 'homes for sale' segment Enter senior housing spaceContinue international growth
Funding will help us:
Next Steps
Capital Raise Target: $3.1 mln (70% secured)
PlatformOverview
Global Rental Platform
Availablein 40+ countries
Customizable rental experience
Extensive search capabilities
Unique Auction Technology
Online application management
Full visibility into competition
E-signingcapability
$3,850$8,500$9,500Applicant #1
$3,350$8,500$9,500Applicant #3
$3,000$8,500$9,500Applicant #4
$3,750$8,500$9,500Applicant #2 +3
It’s your chance. Make a good offer and grab this place.
All Applications
Rent OfferDeposit OfferMonthly SalaryApplicant # PetsRoommates
$8,500Security Deposit
$3,500Monthly Rent
Your Offer
2. Additional Info1. Your Offer
Monthly Rent
$2,000 Asking Price: $2,000Highest Offer: $2,200
Security Deposit
$3,000
Match Highest Beat Highest
Asking Deposit: $3,000Highest Offer: $3,000
Low Demand0–3 applicants
See All Applications
Average Price Offer
$2,100
Transparent Application Process
Comprehensive tenant verification
Instantdecision-making
Complete online data storage
Cynthia Porter Megan Parks (roommate)
ContactContact
09/11/1985Date of Birth
(541) 754-3010Phone
Documents
passport.pdf W-2.pdf bank.pdf employment.pdf
$3,450228 Park Ave S, New York, NY 10003-1502
+₩6,000 / year
Accept
Decline
08/05/2016Expected Move-In
1 YearContract Term
$7,000Security Deposit
$400Pet Deposit
2. Confirmation1. Application Details
James Barnes
Application Details
Respond$3,450–₩200 / year
Kyle Wheeler
Application Details
Declined$3,350–200 / year
Cynthia Porter
Application Details
Respond$3,450+$600 / year
Megan Parks
Application Details
Respond$3,450+$600 / year
Reviews & Ratings
Complete tenant & landlord profiles
Former landlords references
Property review by previous tenants
Where do you want to live?1MessagesProperties 1
I am a software engineer with extensive experience and management skills. Working for a hi-tech telecommunication
About
Cynthia PorterNew York
(541) 754-3010
Contacts
Reviews Rental History
Justin Hicks August 21, 2018
Cynthia was a fantastic tenant, very easy to communicate with and she left the apartment in great shape. Highly recommend.
Li Wei July 14, 2016
Very nice tenant, good communication about checkin and checkout, no issues in the apartment. Recommending to any other landlord :)
Lori Clark May 5, 2015
Cynthia has been my tenant in since 2014. I would like to use the opportunity and inform future landlords that Cynthia is the perfect tenant who is easy to communicate and flexible to resolve any unforseen issues. I would recommend her to future landlords.
Harold Baker October 21, 2014
TENANT SCORE4.9
Reviews Rental History
July, 2016 – August, 2018
228 Park Ave S, New York, NY 10003-1502
Address
Landlord
$3,450Monthly rent
2 yearTerm
Justin HicksLandlord
Manage Property
Signed Contracts
View All450
New Requests
View All2
Manage Contracts
102 Properties
Add new property
View All Managers
70 Properties44% Rented
102 Properties54% Rented
58 Properties72% Rented
Kim Shaw
Zhang Min
Cynthia Porter
Details
Details
Details
It will be visible for potential tenants in search results
Add new property
720
Number of Properties
+14% This Month
Rented Properties
Where do you want to live?Contracts1Messages2Properties
Peter Olson send a message5 hours ago
Contract Request
Contract Request1 day ago
9 hours ago
See all activity
Manage Properties
Signed Contracts
View All450
Waiting for Signature
View All2
Manage Contracts
102 Properties
Add new property
View All Managers
70 Properties44% Rented
102 Properties54% Rented
58 Properties72% Rented
Mike Parks
Maria Gilbert
Ethan Newman
Details
Details
Details
It will be visible for potential tenants in search results
Add new property
720
Number of Properties
+14% This Month
Rented Properties
Where do you want to live?Contracts1Messages2Properties
Peter Olson sent a message5 hours ago
Contract Request
Contract Request1 day ago
9 hours ago
See all activity
Move-inat 9:00AM
3 4 5 6 7 8 9
+ 5 more
Calendar
ContractExpirationat 14:00PM
April 2018
Contract Expiration
SUN MON TUE WED THU FRI SAT
March 27 28 29 30 31 1 2
Payment Dates
+ 2 more
Move-inat 10:00AM
Payment Datesat 9:00AM
Admin Panel
Full revenue potential
Distributed management rights
High occupancy rate
iOS & Android Apps
Rental processon the go
Expanded target audience
Engaging customer experience
Disclaimer
The information contained herein regarding Rentberry, Inc. (“Rentberry”) has been prepared solely for illustration and discussion purposes and should not be considered as an offer to buy or sell any stock (the “Stock”) of Rentberry or its affiliates. Any offer of Stock will be made only to Accredited Investors as defined under the US Securities Act of 1933.
Any decision to invest in Stock should be made only after conducting such investigations as you deem necessary and consulting your own investment, legal, accounting and tax advisors in order to make an independent determination of the suitability and consequences of such an investment. Rentberry is not acting as your advisor or agent.
An investment in the Stock is speculative and may involve substantial investment and other risks. Such risks may include, without limitation, risk of adverse or unanticipated market developments, risk of market competition, risk with respect to the execution of Rentberry’s business objectives, and risk of illiquidity. The performance results of an investment in the Stock can be volatile. No representation is made that the Stock will achieve certain performance goals or that any investment in the Stock will make any profit or will not sustain losses. Past performance is no indication of future results. There may be no secondary market for the Stock and it may be subject to substantial transfer restrictions.
The information and opinions expressed herein are as of the date appearing in this material only, are not complete, are subject to change without prior notice, and do not contain material information regarding the Stock, including important risk disclosures. While certain data contained herein has been prepared from information that Rentberry believes to be reliable (including data supplied by third parties), it does not warrant the accuracy or completeness of such information.
This document contains certain forward looking statements and projections. Such statements and projections are subject to a number of assumptions, risks and uncertainties which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by these forward-looking statements and projections. Prospective investors are cautioned not to invest based on these forward-looking statements and projections.
