OpenRent locates Global Founders Capital for new funding

Mar 9, 2017 • Robert Lavine

The property letting service, which counts Northern & Shell as an investor, has raised $5.5m from venture capital fund GFC.

OpenRent, a UK-based online home rental services provider backed by media group Northern & Shell, has received £4.4m ($5.5m) from venture capital fund Global Founders Capital (GFC).

Founded in 2012, OpenRent runs a platform that helps property owners rent out their houses and apartments quickly, providing services such as tenant screening and contract provision. It also functions as a database of free properties for interested tenants.

Northern & Shell took a stake in OpenRent worth an undisclosed seven-figure sum

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