
Settlrs
Rental services company for furniture, home appliances, electronic and it infrastructure.
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 121 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Settlrs.com specializes in providing comprehensive rental solutions for furniture and appliances, catering primarily to co-living and co-working spaces. The company serves a diverse range of clients, including businesses and property managers, by offering flexible rental options that allow for easy scaling and transitioning from capital expenditure to operational expenditure. Settlrs.com operates in the rental market, focusing on high-quality, durable products that are customized to meet specific client needs. The business model is based on renting or subscribing to furniture and appliances, which generates revenue through subscription fees and rental charges. The company emphasizes transparency with no hidden fees, and offers designer-curated packages to enhance living and working environments. Additionally, Settlrs.com provides a fixed annual maintenance contract (AMC) for 36 months during the rental tenure, ensuring minimal wear and tear and high value over prolonged use. The company has successfully furnished over 1000 properties and rented out 7500 assets, demonstrating its capability to scale rapidly and reliably.
Keywords: rental solutions, furniture, appliances, co-living, co-working, flexible business model, no hidden fees, durable products, designer-curated, operational expenditure.