Startups
Rentoza has embarked on the bold mission to democratize and dematerialize ownership of technology devices and appliances for all African consumers. We are South Africa’s first pure play subscription model for digital goods and appliances, our model is breaking new ground in driving access, affordability and flexibility in the e-commerce ecosystem while remaining distinctly clear of finance and credit consumer propositions.
We believe that the subscription economy will be the next leap frog for the African continent and it is our goal to build, scale and purport this economic phenomenon in the region by building an inclusive, technology enabled platform and business.
We believe that the subscription economy will be the next leap frog for the African continent and it is our goal to build, scale and purport this economic phenomenon in the region by building an inclusive, technology enabled platform and business.
Overview
Location
South Africa, Gauteng, Rosebank
Employees
51-200
Phone
+27 60 070 3398
Total raised
$2.3M
Founded date
2017
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Dec 20, 2021 | Seed round | $1M |
Mentions in press and media 10
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Nov 24, 2022 | More South Africans opt for phone rentals | Rentoza grew from a staff of four to now almost 70 employees. Rentoza, an on-demand subscription-based online platform for electronics and appliances, is seeing huge demand from South Africans. It says more people are opting for a pay-as-yo... |
| Jun 4, 2022 | Huge funding boost for e-commerce platform Rentoza | South African on-demand subscription platform Rentoza is set for accelerated growth following a R20 million funding boost from the MIC Khulisani Ventures fund. Rentoza is on a mission to disrupt traditional ownership as South African consum... |
| Jun 4, 2022 | Huge funding boost for e-commerce platform Rentoza | South African on-demand subscription platform Rentoza is set for accelerated growth following a R20 million funding boost from the MIC Khulisani Ventures fund. Rentoza is on a mission to disrupt traditional ownership as South African consu... |
| Nov 20, 2019 | Here’s what startups had to say about SBC AfriTech’s 2019 programme | Ten African startups are ready to grow their business offerings, after graduating from Startupbootcamp Afritech’s (SBC Afritech) latest cohort. This year’s programme concluded with a demo day held in Cape Town on 7 November. In an earlier ... |
| Nov 20, 2019 | Here’s what startups had to say about SBC AfriTech’s 2019 programme | Ten African startups are ready to grow their business offerings, after graduating from Startupbootcamp Afritech’s (SBC Afritech) latest cohort. This year’s programme concluded with a demo day held in Cape Town on 7 November. In an earlier s... |
| Jul 12, 2019 | Here are the 11 startups selected for the third cohort of SBC AfriTech | Startupbootcamp (SBC) AfriTech has announced that 11 tech startups have been selected for its third cohort which kicks off in Cape Town next month. The announcement was made yesterday in the city. Of the 11 teams that were chosen by the acc... |
| Jul 12, 2019 | Here are the 11 startups selected for the third cohort of SBC AfriTech | Startupbootcamp (SBC) AfriTech has announced that 11 tech startups have been selected for its third cohort which kicks off in Cape Town next month. The announcement was made yesterday in the city. Of the 11 teams that were chosen by the ac... |
| Jun 14, 2019 | SBC AfriTech announces names of 22 startups shortlisted for selection days | Startupbootcamp (SBC) AfriTech has announced the names of the 22 tech startups selected to attend its final selection days which are set to take place on 10 and 11 July in Cape Town. The tech accelerator said in a statement today that it ha... |
| Jun 14, 2019 | SBC AfriTech announces names of 22 startups shortlisted for selection days | Startupbootcamp (SBC) AfriTech has announced the names of the 22 tech startups selected to attend its final selection days which are set to take place on 10 and 11 July in Cape Town. The tech accelerator said in a statement today that it h... |
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FAQ about Rentoza
When was Rentoza founded?
Rentoza was founded in 2017.
How much funding has Rentoza raised?
Rentoza has raised $2.3M in total across 2 funding rounds.
What funding rounds has Rentoza raised?
Parsers VC lists 2 funding rounds of Rentoza, among them a seed round of $1M on Dec 20, 2021.
What has the press written about Rentoza?
Parsers VC has collected 10 articles mentioning Rentoza, among them “More South Africans opt for phone rentals” (Nov 24, 2022) and “Huge funding boost for e-commerce platform Rentoza” (Jun 4, 2022).
Is Rentoza still active?
Yes, Rentoza is active; its latest activity on Parsers VC dates from Aug 30, 2023.