{"data":{"type":"company_profile","id":12339,"entity_id":"wefunder:company:12339","attributes":{"canonical_url":"https://wefunder.com/rentuscom","generated_at":"2026-06-24T19:18:28Z","updated_at":"2026-06-24T05:00:06Z","entity_ids":{"company":"wefunder:company:12339","slug":"wefunder:company_slug:rentuscom"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-24T19:18:28Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-24T05:00:06Z","as_of":"2026-06-24T19:18:28Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-24T05:00:06Z","as_of":"2026-06-24T19:18:28Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-24T19:18:28Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-24T19:18:28Z","confidence":"medium"}}},"company":{"id":12339,"entity_id":"wefunder:company:12339","slug":"rentuscom","name":"Rentus.com","tagline":"Online marketplace for users to rent anything and everything","elevator_pitch":"Rentus.com is a mobile and online rental marketplace where people are able to rent just about anything: from tools and equipment, to party supplies and camping gear. Rentus is using the rise of the sharing economy to also bring the person-to-person rental industry to a user-friendly platform, as well as create a new marketplace and low cost access to consumers for companies in the rental business.","location":"Sherman Oaks, CA","website":"https://www.rentus.com","total_amount_raised":130038,"total_investors":258,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/rentuscom","https://www.rentus.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/12339/xxl_cropped_rentus.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/12339/large_cropped_Rntus_Rental_Marketplace_Logo_R_no_background.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/12339/standard_cropped_rentus.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/12339/standard_cropped_rentus.jpg"},"links":{"company_url":"https://www.rentus.com","twitter_url":"http://twitter.com/RentUScom","facebook_url":"https://www.facebook.com/rentuscom/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Peer-to-Peer rental estimated to be a $30 billion industry."},{"index":2,"claim_id":"claim-fact-2","value":"Current rental industry is segmented, old, tired, ready to be shaken up."},{"index":3,"claim_id":"claim-fact-3","value":"Rental companies and individuals are signing up."},{"index":4,"claim_id":"claim-fact-4","value":"Thousands of products already in the catalog. Technology is ready."}],"team":[{"id":89997,"entity_id":"wefunder:company_role:89997","role":"employee","name":"Rob Blanchard","title":"VP Web Development","bio":"-Expert developer -Developer of Reagan.com -Engineer for Autotrader.com, ATT - Self-taught engineer with high level of expertise in development and implementation - Co-Developer EC-Rank","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/89997/square_cropped_Rob_Blanchard_-_Rentus.jpg?1489727990","related_urls":[]},{"id":89998,"entity_id":"wefunder:company_role:89998","role":"employee","name":"Tomasz Odrobinski","title":"VP Sales and International Development","bio":"-VP of Sales for Europe’s largest online rental classifieds marketplace eRENTO.com -General Manager Mascus.com (35+ Countries) -International Sales and Marketing specialist","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/89998/square_cropped_Tomasz_Odrobinski.jpg?1488857697","related_urls":[]},{"id":71228,"entity_id":"wefunder:company_role:71228","user_entity_id":"wefunder:user:75457","role":"founder","name":"Elias Chavando","title":"President \u0026 CEO","bio":"-Director, Autotrader.com - Founder, Reagan.com - Consultant and Director of multi-national classified marketplaces","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/75457/large_cropped_Elias_Chavando_picture_2018_1.jpg?1485637229","profile_url":"https://wefunder.com/eliaschavando2","personal_url":"http://www.eliaschavando.com","linkedin_url":"https://www.linkedin.com/in/chavando","twitter_url":"https://twitter.com/EChavando","related_urls":["https://wefunder.com/eliaschavando2","http://www.eliaschavando.com"]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":24,"ask_questions":63,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":8105,"entity_id":"wefunder:fundraise:8105","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2017-04-21T22:53:50Z","funding_closed_at":"2017-08-19T04:00:45Z","auto_close_at":"2017-08-19T03:59:59Z"}],"latest_fundraise":{"id":8105,"entity_id":"wefunder:fundraise:8105","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2017-04-21T22:53:50Z","funding_closed_at":"2017-08-19T04:00:45Z","terms":{"eb":null,"nb":"$6.9M","txt":"valuation cap"}},"recent_posts":[{"id":91603,"entity_id":"wefunder:feed_item:91603","type":"FeedItem::Update","visibility":"public","title":"Rentus.com to implement Blockchain technologies.","preview":"Rentus.com has secured a relationship with Ideum Corp. This relationship will allow the immediate use of Ideum Tokens for renting items and effectively utilize Blockchain technology to facilitate the rise of the Sharing Economy. \u0026nbsp;Rentus.com brings the business-to-person and the person-to-person rental industry to a user-friendly platform. The use of the Ideum Tokens and Blockchain technology provides a safe peer-to-peer income opportunity for individuals. \u0026nbsp;Ideum Tokens are a smart c...","published_at":"2018-04-02T19:32:29Z","author_name":"Elias Chavando","url":"/feed/91603","canonical_url":"https://wefunder.com/feed/91603"},{"id":91284,"entity_id":"wefunder:feed_item:91284","type":"FeedItem::Update","visibility":"public","title":"Rentus.com update. Blockchain, ICO, and more.","preview":"To our current investors:Please check your email. We sent an email with a recap of 2017 and our plans for 2018.Happy New Year!Elias","published_at":"2017-12-28T17:23:18Z","author_name":"Elias Chavando","url":"/feed/91284","canonical_url":"https://wefunder.com/feed/91284"},{"id":91130,"entity_id":"wefunder:feed_item:91130","type":"FeedItem::Update","visibility":"public","title":"NYC Launch # 2","preview":"For the first 2-3 weeks the TV campaign will be focussed on the supply side (attracting Owners). The purpose is to fill our catalog first.This is the second spot (supply side).\u0026nbsp;","published_at":"2017-11-08T17:19:14Z","author_name":"Elias Chavando","url":"/feed/91130","canonical_url":"https://wefunder.com/feed/91130"},{"id":91096,"entity_id":"wefunder:feed_item:91096","type":"FeedItem::Update","visibility":"public","title":"Preparing for NY","preview":"We are getting ready to launch in NY. We will have 3 different TV spots for the campaign. \u0026nbsp;Here is the first one. \u0026nbsp;Let us know what you think please.\u0026nbsp;","published_at":"2017-11-06T20:10:03Z","author_name":"Elias Chavando","url":"/feed/91096","canonical_url":"https://wefunder.com/feed/91096"},{"id":91092,"entity_id":"wefunder:feed_item:91092","type":"FeedItem::Update","visibility":"public","title":"NEW YORK!!!","preview":"It is official, we will be launching in New York metro area in the next coming weeks. \u0026nbsp;More to come...\u0026nbsp;","published_at":"2017-10-25T22:35:39Z","author_name":"Elias Chavando","url":"/feed/91092","canonical_url":"https://wefunder.com/feed/91092"},{"id":90885,"entity_id":"wefunder:feed_item:90885","type":"FeedItem::Update","visibility":"public","title":"In partnership with the International Rental Association","preview":"We are happy to announce that we have reached and agreement to enter into a comprehensive partnership with the International\u0026nbsp;Rental Association.\u0026nbsp; Under the terms of the agreement, we will make all services and our SAAS inventory management available to all members of the association.\u0026nbsp;We will be announcing more details and rolling out the implementation plan in the next couple of months.\u0026nbsp;","published_at":"2017-09-12T00:07:24Z","author_name":"Elias Chavando","url":"/feed/90885","canonical_url":"https://wefunder.com/feed/90885"},{"id":90772,"entity_id":"wefunder:feed_item:90772","type":"FeedItem::Update","visibility":"public","title":"Thank you!","preview":"Thank you to the 276 investors that have invested in Rentus.com! $134,698 raised.One huge step forward for all!You should be hearing from Wefunder.com soon with closing instructions.","published_at":"2017-08-23T20:59:43Z","author_name":"Elias Chavando","url":"/feed/90772","canonical_url":"https://wefunder.com/feed/90772"},{"id":90753,"entity_id":"wefunder:feed_item:90753","type":"FeedItem::Update","visibility":"public","title":"3-Hours Left!","preview":"3 hours left to invest and/or increase your position at this valuation. As mentioned before, based on the overwhelming growth and results we are getting, we have decided to close this round (SAFE @ $6.9 million valuation). \u0026nbsp;Our advisors are recommending a valuation 3-4x higher.Last chance to come in or increase your investment!\u0026nbsp; No exceptions.Offering closing at 11pm EDT (8:00pm PST).\u0026nbsp;","published_at":"2017-08-18T23:39:57Z","author_name":"Elias Chavando","url":"/feed/90753","canonical_url":"https://wefunder.com/feed/90753"},{"id":90749,"entity_id":"wefunder:feed_item:90749","type":"FeedItem::Update","visibility":"public","title":"LESS THAN 24 HOURS!","preview":"LESS THAN 24 HOURS!","published_at":"2017-08-18T04:15:53Z","author_name":"Elias Chavando","url":"/feed/90749","canonical_url":"https://wefunder.com/feed/90749"},{"id":90748,"entity_id":"wefunder:feed_item:90748","type":"FeedItem::Update","visibility":"public","title":"Version 2.0 is Ready To Launch!","preview":"We are done with development and testing of version 2.0.The new features are amazing. \u0026nbsp;Built on Node.js technology and using our AI engine.- Location specific listings- GPS location tracking- Delivery scheduling- Communications platform (text, email and video chat)- Sophisticated Owner's Dashboard (SAAS) - and more, much more! Should be live during the weekend!P.S. Our Reg C founding round with WeFuder.com ends Friday August 18 at 11pm EDT!","published_at":"2017-08-18T02:50:09Z","author_name":"Elias Chavando","url":"/feed/90748","canonical_url":"https://wefunder.com/feed/90748"},{"id":90725,"entity_id":"wefunder:feed_item:90725","type":"FeedItem::Update","visibility":"public","title":"Rentus.com receives a 4-star rating from Stratifund!","preview":"Stratifund, the independent, unbiased, centralized source of information about equity crowdfunding deals has awarded a 4-star rating to our fundraising deal on Wefunder.com.Check it out:\u0026nbsp;4-star rating for Rentus.comIf you have not invested yet, get in! \u0026nbsp;If you have invested, consider raising your stake!\u0026nbsp;","published_at":"2017-08-12T15:49:09Z","author_name":"Elias Chavando","url":"/feed/90725","canonical_url":"https://wefunder.com/feed/90725"},{"id":90706,"entity_id":"wefunder:feed_item:90706","type":"FeedItem::Update","visibility":"public","title":"At $6.9m Valuation Cap This is the Best Deal!","preview":"At $6.9m Valuation Cap This is the Best Deal!","published_at":"2017-08-11T17:51:19Z","author_name":"Elias Chavando","url":"/feed/90706","canonical_url":"https://wefunder.com/feed/90706"},{"id":90702,"entity_id":"wefunder:feed_item:90702","type":"FeedItem::Update","visibility":"public","title":"Closing date is set!","preview":"Closing date is set!","published_at":"2017-08-09T00:08:33Z","author_name":"Elias Chavando","url":"/feed/90702","canonical_url":"https://wefunder.com/feed/90702"},{"id":90694,"entity_id":"wefunder:feed_item:90694","type":"FeedItem::Update","visibility":"public","title":"Breaking News!","preview":"Based on the overwhelming growth and results we are getting on Rentus.com, we have decided to close this round (SAFE @ $6.9 million valuation). \u0026nbsp;Our advisors are recommending a valuation 3-4x higher now. There is mandatory 5-day period before we close the offering. Last chance to come in or increase your investment!","published_at":"2017-08-07T18:51:13Z","author_name":"Elias Chavando","url":"/feed/90694","canonical_url":"https://wefunder.com/feed/90694"},{"id":90504,"entity_id":"wefunder:feed_item:90504","type":"FeedItem::Update","visibility":"public","title":"A new version coming up!","preview":"We have engaged reinforcements to help me and Rob with the new version of our website and mobile app. The new members of the team have an incredible amount of experience and successful track record in marketplaces. We are very happy to have them on board. Our new website will have a better User Experience, a faster, highly sophisticated, location-based search engine and communication features that will allow users to communicate with each other via secured text and video. \u0026nbsp;We will start ...","published_at":"2017-07-10T18:54:10Z","author_name":"Elias Chavando","url":"/feed/90504","canonical_url":"https://wefunder.com/feed/90504"},{"id":90446,"entity_id":"wefunder:feed_item:90446","type":"FeedItem::Update","visibility":"public","title":"Rentus.com reaches minimum goal!","preview":"We have reached our minimum goal ahead of schedule! Thank you for your support.Very large announcements are coming up! Keep spreading the word.","published_at":"2017-06-27T01:42:53Z","author_name":"Elias Chavando","url":"/feed/90446","canonical_url":"https://wefunder.com/feed/90446"},{"id":90436,"entity_id":"wefunder:feed_item:90436","type":"FeedItem::Update","visibility":"public","title":"Almost There!!","preview":"Thank you to the 118 investors that have joined our raise so far! We are very close to our $50,000 minimum goal. Keep spreading the word. We will be making very exciting announcements in the next 5-10 days and Version 2.0 of our website will be live soon.","published_at":"2017-06-23T19:10:25Z","author_name":"Elias Chavando","url":"/feed/90436","canonical_url":"https://wefunder.com/feed/90436"},{"id":90392,"entity_id":"wefunder:feed_item:90392","type":"FeedItem::Update","visibility":"public","title":"Rentus.com \u0026amp; Roadie partner to offer rental pickup and delivery, one of the most highly requested services from renters and owners.","preview":"When it comes to deliveries and returns, owners and renters no longer need to deal with the headaches of traffic and logistics. No matter if they’re sending or returning, Roadie saves owners and renters time by connecting them with a trusted driver who will pick up and deliver items for them. “Our users will be able to arrange and schedule the delivery of the items they just rented in our platform and have the assurance of having a reliable and trusted person handling their items,” Rentus.com...","published_at":"2017-06-14T01:33:13Z","author_name":"Elias Chavando","url":"/feed/90392","canonical_url":"https://wefunder.com/feed/90392"},{"id":90350,"entity_id":"wefunder:feed_item:90350","type":"FeedItem::Update","visibility":"public","title":"Our inventory keeps growing. We have more Jet Skies and Boats available for rent now!","preview":"Rentus.com Partners with Land and Water Motorsports to Make Watercrafts Available for Rent","published_at":"2017-06-01T18:28:55Z","author_name":"Elias Chavando","url":"/feed/90350","canonical_url":"https://wefunder.com/feed/90350"},{"id":90320,"entity_id":"wefunder:feed_item:90320","type":"FeedItem::Update","visibility":"public","title":"Memorial Day Rentals Going Really Well!","preview":"We sold out of Jet Skies and Boats for Memorial Day Weekend!Our vendors are getting them ready for delivery.","published_at":"2017-05-24T19:45:54Z","author_name":"Elias Chavando","url":"/feed/90320","canonical_url":"https://wefunder.com/feed/90320"},{"id":90315,"entity_id":"wefunder:feed_item:90315","type":"FeedItem::Update","visibility":"public","title":"Items rented @ Rentus.com are protected!","preview":"Rentus.com Becomes First Rental Marketplace to Offer Damage Waivers","published_at":"2017-05-23T21:27:41Z","author_name":"Elias Chavando","url":"/feed/90315","canonical_url":"https://wefunder.com/feed/90315"},{"id":90258,"entity_id":"wefunder:feed_item:90258","type":"FeedItem::Update","visibility":"public","title":"Google Selects Rentus.com for Elite Program!","preview":"Rentus.com was selected to be part of the Google Advantage Program. The Google Advantage Program is an invitation only program that provides hand-picked companies access to the best Google digital experts, tools and resources only available to their elite advertisers. Rentus.com is the ONLY marketplace in the program. We are delighted to be part of the program. Our new campaigns with Google will launch on Wednesday May 10.","published_at":"2017-05-07T01:15:04Z","author_name":"Elias Chavando","url":"/feed/90258","canonical_url":"https://wefunder.com/feed/90258"},{"id":90231,"entity_id":"wefunder:feed_item:90231","type":"FeedItem::Update","visibility":"public","title":"Rentus.com Becomes First Rental Marketplace to Offer Damage Waivers","preview":"LOS ANGELES, CA– Users of Rentus.com, the Airbnb or Uber for your 'stuff,' will have the opportunity to purchase comprehensive Damage Waiver coverage on the items they rent. Rentus.com is an online marketplace where users can list items to be rented, or rent items to use. It is the first rental marketplace to offer coverage for items that are rented through its platform.“Building trust in a peer to peer marketplace is key to facilitate transactions between two people. We believe in going the ...","published_at":"2017-05-01T00:52:44Z","author_name":"Elias Chavando","url":"/feed/90231","canonical_url":"https://wefunder.com/feed/90231"},{"id":89887,"entity_id":"wefunder:feed_item:89887","type":"FeedItem::Update","visibility":"public","title":"Rntus.com Unveils Latest Effort to Bring Equipment Owners and Users Together","preview":"Seeking the next big idea in the “shared economy” pioneered by Uber and Airbnb – while also incorporating compatibility matching capabilities of dating and social media sites – an AI (artificial intelligence) newbie has put forth an online business model based on renting items many of us own – party supplies, power tools, wheelchairs, lawn equipment, video gear – to those who’d rather rent than buy.","published_at":"2017-01-29T02:05:23Z","author_name":"Elias Chavando","url":"/feed/89887","canonical_url":"https://wefunder.com/feed/89887"}],"q_and_a":[{"id":70111,"entity_id":"wefunder:comment:70111","question":"Ok Elias is this company still viable? No BS about block chains. I invested in a rental company. If you blew it, you blew it. Just be a man about things and give us all a straight answer. Where is your integrity? Or do you not have any?","author_name":"Mondell G. Crosby","votes":2,"created_at":"2019-11-30T15:11:21Z","canonical_url":"https://wefunder.com/rentuscom#question-70111","answers":[]},{"id":60731,"entity_id":"wefunder:comment:60731","question":"Hi Elias, Rentus.com is currently down. by the way which technology or eCommerce solution Rentus.com using. Thanks","author_name":"Sandeep Thakur","votes":2,"created_at":"2019-08-26T11:11:05Z","canonical_url":"https://wefunder.com/rentuscom#question-60731","answers":[]},{"id":51848,"entity_id":"wefunder:comment:51848","question":"Doesn't Wefunder have an obligation or at least a moral duty to inform investors when a company goes belly up without a trace? Apparently this is what has happen with this startup.","author_name":"Joseph C. Oliver","votes":2,"created_at":"2019-05-02T21:46:53Z","canonical_url":"https://wefunder.com/rentuscom#question-51848","answers":[]},{"id":38218,"entity_id":"wefunder:comment:38218","question":"Hello Elias, Rob, and Tomasz, I hope you all have been well. Are there any updates on the current status of Rentus or should the investors assume a loss of investment? Please advise at your earliest convenience. Thank you.","author_name":"Matthew P","votes":2,"created_at":"2019-03-21T10:58:56Z","canonical_url":"https://wefunder.com/rentuscom#question-38218","answers":[]},{"id":34888,"entity_id":"wefunder:comment:34888","question":"Why is the site down? Any updates?","author_name":"Justin Obrien","votes":2,"created_at":"2019-02-12T22:38:15Z","canonical_url":"https://wefunder.com/rentuscom#question-34888","answers":[]},{"id":32767,"entity_id":"wefunder:comment:32767","question":"Elias an update would be nice. You were all over the board when you wanted our money. Now not one word. What gives?","author_name":"Mondell G. Crosby","votes":2,"created_at":"2019-01-06T00:40:39Z","canonical_url":"https://wefunder.com/rentuscom#question-32767","answers":[]},{"id":24655,"entity_id":"wefunder:comment:24655","question":"Hi Elias, Do you have a sense when you will be providing investors with an update? It would be nice to read how things are progressing. Thanks!","author_name":"Stephen Rodriguez","votes":2,"created_at":"2018-07-23T13:10:46Z","canonical_url":"https://wefunder.com/rentuscom#question-24655","answers":[]},{"id":16986,"entity_id":"wefunder:comment:16986","question":"Is the website even functional. As a Investor, I tried to register today and its not working. The website is stuck and not moving anywhere. Tried to change the location and it is not working either. With such an experience, I wonder if customers are going to use the service and platform.","author_name":"Sandeep Krishna Ramineni","votes":2,"created_at":"2018-01-06T20:50:18Z","canonical_url":"https://wefunder.com/rentuscom#question-16986","answers":[]},{"id":77023,"entity_id":"wefunder:comment:77023","question":"updates?","author_name":"Justin Obrien","votes":1,"created_at":"2020-02-05T19:07:36Z","canonical_url":"https://wefunder.com/rentuscom#question-77023","answers":[]},{"id":57007,"entity_id":"wefunder:comment:57007","question":"Elias please stop with the BS. This investment is a bust. We all took a chance, believed in you, but you blew it. Give us the necessary paperwork so we can write this loss off on our taxes. Stop with the nonsense!!!!","author_name":"Mondell G. Crosby","votes":1,"created_at":"2019-07-11T22:38:26Z","canonical_url":"https://wefunder.com/rentuscom#question-57007","answers":[{"id":57047,"entity_id":"wefunder:comment:57047","answer":"Mondell, I understand your frustration. We are still working on getting more funding and paying the expenses from our own pockets for many months now. Not sure what paperwork would you need to write of your $300 investment and if that amount would even make any impact on your tax returns.","author_name":"Elias Chavando","votes":1,"created_at":"2019-07-12T14:59:09Z"}]},{"id":25498,"entity_id":"wefunder:comment:25498","question":"Hi Elias, Just circling back on my question below about an update. How did you use the funds from wefunder and the following 300k round? Can you provide an update on progress/plans, etc...? Thanks in advance!","author_name":"Stephen Rodriguez","votes":1,"created_at":"2018-08-07T12:55:28Z","canonical_url":"https://wefunder.com/rentuscom#question-25498","answers":[]},{"id":24832,"entity_id":"wefunder:comment:24832","question":"Are there any updates on recent progress?","author_name":"Matthew P","votes":1,"created_at":"2018-07-26T12:44:49Z","canonical_url":"https://wefunder.com/rentuscom#question-24832","answers":[]},{"id":176889,"entity_id":"wefunder:comment:176889","question":"3 years and no progress, or updates? Disapponted to hear you lost $$. Was very interested, but, am guessing you closed shop?","author_name":"Nansye Lee","votes":0,"created_at":"2021-10-31T17:37:46Z","canonical_url":"https://wefunder.com/rentuscom#question-176889","answers":[]},{"id":171859,"entity_id":"wefunder:comment:171859","question":"If RentUs is officially shut down, shouldn't that be the latest and last update?","author_name":"Mike Azzarello","votes":0,"created_at":"2021-09-30T14:16:32Z","canonical_url":"https://wefunder.com/rentuscom#question-171859","answers":[]},{"id":80418,"entity_id":"wefunder:comment:80418","question":"For those who have not received an email (mine went to my SPAM folder), I received an automated email from Elias a few weeks ago that said our shares are worthless at this time. Unfortunately, we were either scammed or Elias was an incapable CEO.","author_name":"Matthew P","votes":0,"created_at":"2020-02-27T21:56:11Z","canonical_url":"https://wefunder.com/rentuscom#question-80418","answers":[]},{"id":44476,"entity_id":"wefunder:comment:44476","question":"It would be nice for investors to know if we should put the $$$ invested as a \"loss\" on our tax returns. A short note would be appreciated.","author_name":"Lucia Romanov","votes":0,"created_at":"2019-04-10T23:38:01Z","canonical_url":"https://wefunder.com/rentuscom#question-44476","answers":[]},{"id":17680,"entity_id":"wefunder:comment:17680","question":"Thanks so much for the quick response, Elias! I did receive the newsletter, and it had quite a bit of exciting information about the cryto-currency, fundraising updates, etc. I saved a copy of it and have it handy. I was more looking for sales/revenue statistics related to actual rental activity. While I do have the newsletter, I did not recall getting one about perks. Would love to hear more about that though! I can email you directly if that works better... Thanks - Justin","author_name":"Justin Davis","votes":0,"created_at":"2018-01-26T21:42:40Z","canonical_url":"https://wefunder.com/rentuscom#question-17680","answers":[]},{"id":17677,"entity_id":"wefunder:comment:17677","question":"Moreover, my perks list the following language for this investment: \"You will be added to our list of associates and get invited to our events, parties, tours, conference calls and seminars.\" Can you point us to the \"list of associates\", define \"events, parties, tours, conference calls and seminars\", and let us know if any are currently scheduled for investor attendance?","author_name":"Justin Davis","votes":0,"created_at":"2018-01-26T21:02:56Z","canonical_url":"https://wefunder.com/rentuscom#question-17677","answers":[{"id":17679,"entity_id":"wefunder:comment:17679","answer":"please check your email Justin. We sent an update on 12/28/17. You should have received also information about the perks based on your level of investment.","author_name":"Elias Chavando","votes":1,"created_at":"2018-01-26T21:14:02Z"}]},{"id":17676,"entity_id":"wefunder:comment:17676","question":"I visit the website periodically and notice some functionality issues similar to the ones Sandeep mentions. Can someone please address her (and my concerns) with a response, please? In addition, there have been exactly 842 items available for rent for a number of months. Is there traffic to the site? Are new items being listed for rent? Are people actually renting any of the 842 items? It would be nice to get some site visit/transaction stats. Thanks - Justin","author_name":"Justin Davis","votes":0,"created_at":"2018-01-26T20:56:59Z","canonical_url":"https://wefunder.com/rentuscom#question-17676","answers":[{"id":17678,"entity_id":"wefunder:comment:17678","answer":"Justin, thanks for your question. We sent an email to our investors on December 28th with updates. Did you get this email? You are visiting the site from outside of Southern California that is why you have limited functionality and see a limited number of items.","author_name":"Elias Chavando","votes":0,"created_at":"2018-01-26T21:12:20Z"}]},{"id":16987,"entity_id":"wefunder:comment:16987","question":"safe expiry","author_name":"Sandeep Krishna Ramineni","votes":0,"created_at":"2018-01-06T21:51:57Z","canonical_url":"https://wefunder.com/rentuscom#question-16987","answers":[]},{"id":13969,"entity_id":"wefunder:comment:13969","question":"how much can i invest","author_name":"Carl Wellington","votes":0,"created_at":"2017-09-20T14:30:28Z","canonical_url":"https://wefunder.com/rentuscom#question-13969","answers":[{"id":13973,"entity_id":"wefunder:comment:13973","answer":"Carl, our Wefunder offering is closed now.","author_name":"Elias Chavando","votes":0,"created_at":"2017-09-20T16:34:18Z"}]},{"id":12180,"entity_id":"wefunder:comment:12180","question":"What is: - the cost per customer acquired? - the projected ratio of active customer/total customers? - the projected annual (or quarterly) revenue per active customer? (Active customer is someone who logged in in last 30 days) - projected total customers for next 1-5 years?","author_name":"Anuj Sethi","votes":0,"created_at":"2017-08-18T22:53:36Z","canonical_url":"https://wefunder.com/rentuscom#question-12180","answers":[]},{"id":12151,"entity_id":"wefunder:comment:12151","question":"Clever idea and solid business model. Three important questions though: First, do you have a set of Terms and Conditions that would protect the owners? So if a renter uses my ladder, falls off and breaks his/her back, how liable will the owner be? There is a pretty solid \"Limitation of Liability\" covering Rentus.com, but there needs to be another LOL for the Owners, otherwise it would deter many potential Owners from signing up. Secondly, can you please elaborate on your digital marketing scheme? Digital marketing is very efficient but extremely delicate. You can easily burn through your budget, especially on major platforms such as FB and YouTube, with just ONE incorrect target variable in your ad criteria. Finally, what was your Customer Acquisition Cost in the past 2 quarters? Thanks!","author_name":"Ayman Khulief","votes":0,"created_at":"2017-08-18T03:36:08Z","canonical_url":"https://wefunder.com/rentuscom#question-12151","answers":[{"id":12153,"entity_id":"wefunder:comment:12153","answer":"Ayman, I agree with you, it is a clever idea and a solid business model. Yes, we have terms to protect the owner and the renter. Both parties have to agree to the terms that apply to them. The Owner can also set his/her own terms, amount of security deposit and has the option to make the damage waiver protection mandatory. As far as digital marketing, we have plenty of successful experience with it on both sides of the marketplace (supply and demand) We also have very strong partnerships with Google and other platforms. With that said, hurry up and invest. Less than 22 hours remaining to get in at this level. Our next round could be north of a $20m valuation.","author_name":"Elias Chavando","votes":0,"created_at":"2017-08-18T03:52:26Z"}]},{"id":11947,"entity_id":"wefunder:comment:11947","question":"If I invest, will I be buying qualified small business stock?","author_name":"Reuben Moss","votes":0,"created_at":"2017-08-14T13:09:35Z","canonical_url":"https://wefunder.com/rentuscom#question-11947","answers":[{"id":12014,"entity_id":"wefunder:comment:12014","answer":"Reuben, I am not sure what you mean with \"qualified small business stock\". Is that a tax classification? Please make sure to review our corporate and offering documents.","author_name":"Elias Chavando","votes":0,"created_at":"2017-08-15T21:50:50Z"}]},{"id":11723,"entity_id":"wefunder:comment:11723","question":"I have read about your thought on expanding the platform to other parts of the country. May I ask if you plan on creating a map function for me to search what is available in a certain radius from my location? Our city in Upstate New York would be ideal ground for using this app / platform, looking forward to your growth!","author_name":"Jason Thomas","votes":0,"created_at":"2017-08-07T19:31:07Z","canonical_url":"https://wefunder.com/rentuscom#question-11723","answers":[{"id":11724,"entity_id":"wefunder:comment:11724","answer":"Hi Jason, Version 2.0 of the website and app have a map function and GPS locator. So, users will see items in their city, and proximity first. V 2.0 should be live later this week. It is amazing and built on Node.js technology. Yes, we are expanding to other cities. NY is in our list.","author_name":"Elias Chavando","votes":2,"created_at":"2017-08-07T19:40:06Z"}]}],"faq":[{"question":"Renters insurance $7500? Is this the only liability? What if the person rents a ladder then falls off the roof, what stops frivolous claims for damages. Not sure theft is the biggest liability question here, any thoughts","answer":"Ty, thanks for your question. The damage waivers cover damage to the item up to $7,500. It is not renters insurance. In the enormous industry in North American involved with equipment rentals, as a rule of thumb, all bodily injury and property damages which may happen as a consequence of equipment operations are covered by the general liability insurance of the rental company. This specifically aims at providing the kind of coverage needed when equipment is being used by a renter, and problem..."},{"question":"I love this idea. I'm a little disappointed that it is only offered in California at this time. What are your plans to make it nationwide? Is there a vetting process for the renters? Can they be in another state and rent?","answer":"Thank you for your question Lisa-Anne. We are currently marketing and promoting our platform in Los Angeles and we soon are going to expand to other cities. With that said, there are no geographical limits as to go can rent items or who can rent out items. We often see people from other states renting items to be used while visiting Los Angeles. Like scooters for Disneyland, car seats, strollers and many other items. Yes, both the owner and the renter go through the vetting process."},{"question":"Can you explain how the SAFE works with an LLC. Will the future equity be LLC units which will trigger Schedule K-1s at tax time?","answer":"Hi Stefan, Yes, the future equity will be LLC units receiving the benefits and rights of those units including a K1 form as members."},{"question":"Is there any kind of rating system that would eventually ban bad owners / renters from the site? I find such ratings a very important part of person-to-person transactions (eBay and Amazon sellers being huge examples).","answer":"Hi David, I agree with you completely. We have a rating system for both owners and renters to rate each other. As platform, we monitor the ratings and ban people that generate complaints and bad ratings. Also, we have a detailed vetting process for rental companies already in the business. Thanks for the question!"},{"question":"When was rentus.com launched and how many rentals have occurred on the platform to date?","answer":"Ryan, we launched at the end of January. So far we are outperforming our plans and growing at a rapid rate. We will announce numbers in the near future."}]}}}