
Rentopolis
Helps homeowners and property managers create reservations, gaining, exposure, earning, visibility for short term rentals.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
€250k | Seed | ||
Total Funding | 000k |
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | (95 %) | (49 %) | (3 %) | (95 %) | 97 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | 16 % | (28 %) | 30 % | (424 %) | 26 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Founded in 2013 by Stefano Bettanin, Rentopolis operates as a property management platform specializing in short and medium-term rentals for prestigious properties. The company's inception was sparked by Bettanin’s own experience as an Airbnb host in Milan, which led him to identify a market opportunity. Leveraging his decade-long background as a business lawyer in Italy, the UK, and the US, Bettanin, along with a fiscal consultant and a real estate fund professional, established the firm to professionalize property rental management. Initially self-funded, the company later secured $378K through an equity crowdfunding campaign in 2019.
Rentopolis provides comprehensive, 360-degree management services for property owners and managers, enabling them to outsource all operational aspects of short-term rentals. This includes everything from guest check-in, cleaning services, and maintenance to promotion on over 40 online travel agency platforms like Airbnb, Booking.com, and Expedia. The firm targets both individual property owners seeking to maximize rental income without the associated workload, and professional property managers looking for efficient operational support. The company primarily serves clients in the tourism and business travel sectors across locations in Italy, including Milan and Liguria, as well as internationally in Albania. Its business model is centered on a revenue-sharing formula, charging a variable commission of 20% to 30% on rentals, which means there are no fixed costs for the property owners.
The company's core service is a technology-driven platform that automates and streamlines the entire rental process. A key feature is its dynamic pricing algorithm, which adjusts rental rates based on market trends, competitor analysis, and other factors to optimize occupancy and revenue. For guests, Rentopolis aims to provide an enhanced experience that goes beyond just accommodation, offering amenities such as in-apartment tablets for booking local services and experiences. For property owners, the platform handles complex administrative tasks, including payment processing and tax compliance. The properties managed by Rentopolis are often equipped with smart home technology, including smart locks, to improve efficiency and guest convenience.
Keywords: property management, short-term rentals, medium-term rentals, proptech, real estate technology, vacation rentals, corporate housing, asset management, real estate investment, hospitality services, Milan real estate, dynamic pricing, property owner services, guest experience, smart home rentals, real estate portfolio management, furnished apartments, business travel accommodation, tourism rentals, passive rental income