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OpenRent

UK startup providing online property renting and services From Wikipedia, the free encyclopedia

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OpenRent is an online letting agent and property service provider founded in 2012. It is a UK-based startup company focused on technological solutions for property rentals.[1] It claims to be the largest letting agent in the UK based on the number of properties, with over 5 million users as of 2022.[2]

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History

OpenRent was founded in 2012 by two University of Oxford graduates, Darius Bradbury and Adam Hyslop, who had experienced the challenges of the UK property market as both a private landlord and tenant.[3]

By 2015, OpenRent had the largest number of advertised properties for UK agents, ending the year with over 2,500 monthly listings.[4] By 2021, it had let over 500,000 properties.[5]

Investors

Investors include Rocket Internet who invested £4.4m in 2017,[6] and Northern & Shell who invested media for an equity stake in June 2014.[7][8]

References

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