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Real Estate Community RentJuice Gets $6.2 Million From Tim Draper And Highland Capital

January 31st, 2011 01:05 admin Leave a comment Go to comments

RentJuice, an online community that allows real estate agents and brokers to view rental data in real time is announcing its Series B round of $6.2 million in funding today, led by Highland Capital and esteemed Draper Fisher Jurvetson founder Tim Draper.

While not consumer facing, RentJuice is still useful to consumers as it can provide a broker with up to the minute data on whether a given property is available, thus preventing inaccuracies. It gives brokers “one-click syndication” or the ability to automatically post properties to consumer real estate sites like Craigslist, Trulia and Zillow. RentJuice also offers premium accounts where users can upgrade to features that automate administrative work like lead gen, advertising and paperwork.

RentJuice attempts to disrupt the days it usually takes for landlords to complete paperwork and manually fax over hotsheets to agents and is focused on speed. Said CEO David Vivero, “With this capital, we can speed up development of our real-time rental platform and make it available to property managers and leasing agents all across the country.â€

RentJuice will also be using the money to expand its staff, and is currently hiring.

Source: Real Estate Community RentJuice Gets $6.2 Million From Tim Draper And Highland Capital

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