Rentger

Rentger, established in Madrid, Spain, in 2018 by founder Chema Larrea, operates as a cloud-based rental management platform. The company's primary objective is to streamline and automate the rental process for property managers, landlords, and tenants. The business model is centered on a Software-as-a-Service (SaaS) subscription, offering both monthly and annual plans to its clients. For smaller-scale users, the platform is free for up to nine properties. Revenue is generated through these subscription fees, with payment accepted via major credit cards and bank transfers.

The platform is designed to manage a variety of property types, including apartments, rooms, commercial premises, and vacation rentals. Its key functionalities include the automation of administrative tasks, which it claims can reduce such work by 80%. Specific features encompass online rent collection, bank reconciliation, automated generation of invoices and receipts, and tax calculation. Rentger also facilitates contract management with legally valid digital signatures, tracks expenses, and manages maintenance incidents with tenants and suppliers. The system provides downloadable reports on settlements, profitability, and occupancy, among others. A significant milestone for the company was its acquisition by the leading Spanish property portal, Idealista, on December 30, 2020. Prior to this acquisition, Rentger had secured €120,000 in funding from investors including SeedRocket and managed approximately 10,000 properties.

The service targets a client base of private landlords, professional property managers, and institutions. The software centralizes all documentation and information for properties, tenants, and owners, accessible from any device with an internet connection without needing to install any software. It offers integrations with Idealista's services, allowing users to access features like delinquency reports. The platform aims to enhance transparency and efficiency in the rental market by providing a unified system for all management processes, from drafting and signing contracts to tracking payments and communications.

Keywords: rental management software, property management, PropTech, SaaS, online rent collection, lease management, tenant management, landlord software, property accounting, Idealista, Chema Larrea, SeedRocket, real estate technology, automated billing, digital contracts, expense tracking, rental profitability, Madrid startup, cloud-based platform, real estate administration