Funding news · Sep 25, 2026
RentBetter raises AUD 5M Series B led by EVP to scale landlord self-management SaaS
RentBetter Raises AUD 5 Million Series B
Sydney-based proptech company RentBetter has raised an AUD 5 million Series B round led by EVP, according to funding data dated September 25, 2026. The round marks the latest capital injection for the residential landlord self-management platform.
What RentBetter Does
RentBetter offers a self-management SaaS platform built for residential landlords. Founded in 2016 by CEO Jeremy Goldschmidt, the company gives property owners a digital alternative to traditional property management.
The platform covers the core workflows of managing a rental property:
- Advertising rentals
- Screening applicants against tenancy databases
- Preparing and signing leases
- Coordinating repairs
- Tracking rental income and expenses
By consolidating these functions into a subscription product, RentBetter allows landlords to operate without a traditional property manager.
The Market Opportunity
RentBetter estimates that between 600,000 and 700,000 Australian investment properties are self-managed. That figure represents a substantial addressable market for a software platform designed specifically for landlords who choose to handle management themselves.
The company positions its subscription model against traditional agent fees, which typically run 5–10% of annual rent. For self-managing landlords, that fee structure is the primary economic driver behind adopting a tool like RentBetter.
Funding Details
| Item | Detail |
|---|---|
| Round type | Series B |
| Amount | AUD 5,000,000 |
| Date | September 25, 2026 |
| Lead investor | EVP |
| Investors | EVP |
EVP led the round and is the sole investor listed in the funding data.
Why This Matters for the Proptech Landscape
RentBetter sits at the intersection of two durable trends in Australian residential property: the growth of self-management among investment property owners and the continued digitization of rental workflows. A Series B round led by EVP signals continued investor confidence in the subscription SaaS model applied to landlord self-management.
The company's focus on tenancy database screening, lease preparation, and repair coordination addresses the operational complexity that often pushes landlords toward traditional agents. If RentBetter can convert a meaningful share of the estimated 600,000–700,000 self-managed properties onto its platform, the subscription economics could scale efficiently against incumbent agent fee structures.
What to Watch
For acquisition-oriented observers, RentBetter represents a vertical SaaS asset in the Australian proptech market with a clearly defined customer segment and a pricing model tied directly to agent fee savings. The Series B capital is positioned to support growth at a stage when the company has already established its product and market positioning.
Key questions going forward include how RentBetter deploys the AUD 5 million, whether it expands its landlord base beyond the self-managed segment, and how the platform's subscription pricing evolves relative to the 5–10% of annual rent that traditional agents charge.
Summary
- RentBetter raised an AUD 5 million Series B led by EVP on September 25, 2026.
- The company is a Sydney-based proptech founded in 2016 by CEO Jeremy Goldschmidt.
- Its SaaS platform serves residential landlords who self-manage their properties.
- RentBetter estimates 600,000–700,000 Australian investment properties are self-managed.
- The subscription model competes against agent fees of 5–10% of annual rent.