Roofstock Expands with RentPrep Acquisition

Roofstock, an SFR investment platform, has acquired tenant screening company RentPrep.

The acquisition adds to Roofstock's recent ones including Great Jones and Stessa, enhancing its investor-focused solutions.

RentPrep's technology streamlines tenant screening, crucial for the over five million homes needing tenants annually.

RentPrep complements Roofstock's existing suite, aimed at making property investment more accessible and efficient.

This move follows Roofstock's Series E funding round, increasing its valuation to nearly $2 billion.