RentJuice has acquired its Boston-based competitor Kahoots, retaining the latter’s founder, Janak Sanariya, as Director of East Coast Operations to strengthen partnerships with the rental industry on the East Coast.
The acquisition, terms of which are not publicly being disclosed, comes a month after RentJuice announced that it has raised $6.2 million in Series B financing from Tim Draper and Highland Capital.
RentJuice connects prospective renters, brokers and property managers to each other in real-time. Coinciding with the acquisition news, the company has announced that it will be cutting its pricing across the board to a $129 per month flat rate for brokerages with up to 100 agents.
As for Kahoots, which has served the East Coast’s rental market with a rental marketing solution since 2006: its customers’ data will be consolidated in RentJuice’s technology platform.
RentJuice is a community of real estate professionals who close more rental deals and offer superior service to their clients. Their technology and marketing services allow real estate agents and brokers to manage and market their inventory, communicate with their clients, and do all their paperwork (including free credit reports for tenant screening) in one simple interface. Their services incorporate over a year of user research conducted at Harvard Business School concerning how real estate professionals in the rental market...
Kahoots has served the East Coast’s rental market with a rental marketing solution since 2006.
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