Rent tech-focused RET closes first fund; pours $5M into management platform SmartRent

Today, Real Estate Technology Ventures (RET Ventures) announced the final close of $108 million for its first fund. RET focuses on early-stage investments in companies that are primarily looking to disrupt the North American multifamily rental industry, with the firm boasting a roster of LPs made up of some of the largest property owners and operators […]

Rhino is getting rid of security deposits for rental apartments

Arguably the most frustrating part of renting an apartment, especially in an expensive city like New York, is dealing with the security deposit. One startup wants to make renting easier by getting rid of security deposits, with a solution that is beneficial for both renters and landlords. Here’s how it works: For a monthly fee […]