About 6 months ago we announced our crowdfunding goals, to raise money to support owners & managers with technology (websites, payments, booking management, automated marketing & more).
Well, after amazing support and an extremely busy 6 months for Rentivo, we’ve had the chance to launch the campaign on Crowdcube.
We want owners, managers & partners to have the chance to invest, so you & other likeminded people can own & shape the future of Rentivo; not corporate angels & VC’s. Here’s our pitch:
The industry is changing
The vacation rental ecosystem has been disrupted and is moving rapidly to a walled garden, online travel agents (OTA’s), such as Airbnb, HomeAway & VRBO, are using a transaction model supported by substantial investments that dominate search engines and consumer brand awareness.
These changes have increased guest costs (up to 10%), reduced owner and manager income (up to 40%) and allowed data appropriation with mediated communication, diluting direct opportunity. The changes have increased workload substantially, they’re hard to integrate technically and have reduced business opportunity across many destinations for both owners and managers.
Why are we raising money?
Our mission has been to enhance and simplify the lives of managers and owners, through development of SaaS (software as a service) tools. This is founded on the belief that an owner or manager is our primary customer and THE most important link and foundation of the rental chain.
We’ve turned down offers from global investors because it’s important to us that our customers and subscribers can own and shape the platform.
We are focused on owner & manager success and are structuring the investment around you. Our direction will NOT be dictated by corporate investors but by you.
Funds will be used to increase customer support, develop and enhance more asset focused services only and scale the business.
With Rentivo, we have the chance to build something that will impact millions of vacation rental professionals and change the industry for the better.
And you have a chance to be part of that, helping shape the direction of Rentivo as it evolves.
What are the benefits of investing?
Apart from owning a share of Rentivo, a growing company that’s self-funded & debt free, you’ll have access to our amazing rewards, including:
- Up to 10% off selected vacation rentals
- High-value SEO link & free t-shirt
- Early access to future products
- 10% – 25% lifetime discount on all products
- Join online team & product discussions
- Meet the team
How do I invest?
Investing is relatively simple. Visit our Crowdcube pitch page and sign up for a free account & enter the amount you’d like to invest. Finally, you’ll need to answer a few simple questions and leave your card information.
Please note, no payments are taken until after the funding target is reached. Also, Rentivo is EIS registered, meaning you can invest up to £1m in any tax year and receive 30% tax relief!
How do I invest if I live in the U.S, Canada or Japan?
Unfortunately, for legal reasons, people who only have an address in the U.S, Canada or Japan can’t immediately invest.
If you have another address outside these countries, you can still invest through the platform using your alternative address.