Abe brings his strategic thinking and business acumen to the inRentive team. After receiving his undergraduate degree from Lake Forest, Abe quickly made his way to the financial trading floors of the Chicago Mercantile and Chicago Board of Trade. After earning his MBA, and several years of service in the financial services and investment sectors, Abe became a Real Estate Broker and started a highly successful Real Estate Consulting and Brokerage firm. His firm made significant investments in the Chicago Real Estate market, which eventually brought him back to Chicago to form Urban Lux, which would became one of Downtown Chicago's most successful Real Estate Leasing firms. At inRentive,
Abe leads corporate business development, client initiatives, and joint venture opportunities while assists in the management of diverse portfolios.
Sam YaganCEO of Match, Founder of OkCupidSam co-founded and grew SparkNotes (sold to Barnes & Noble), eDonkey (shut down along with Napster) and OkCupid, one of the world's most successful online dating companies (sold to Match.com). He currently serves as the CEO of IAC's portfolio of online dating companies, including Match.com, OkCupid and Tinder. Sam also co-founded Excelerate Labs (now Techstars Chicago) and serves on its Board.
Chuck TempletonFounder, Opentable.comChuck Templeton is passionate about early stage and emerging companies, and is focused on using business principles to find solutions to the world’s most pressing problems. He has had the pleasure of being involved with over two-dozen startups as an investor, board member, or advisor, but spends the majority of his time helping impact companies as the Managing Director of Impact Engine.
Corazon CapitalVenture CapitalCorazon Capital was founded in January 2014 by serial entrepreneur, Sam Yagan. Previously, Sam co-founded and grew SparkNotes (sold to Barnes & Noble), eDonkey (shut down along with Napster) and OkCupid, one of the world's most successful online dating companies (sold to Match.com). He currently serves as the CEO of IAC's portfolio of online dating companies, including Match.com, OkCupid and Tinder. Sam also co-founded Excelerate Labs (now Techstars Chicago) and serves on its Board.
MATH Venture PartnersVenture CapitalMATH Venture Partners is an early to growth-stage fund managed by a seasoned team of hands-on investors and operators. We look for entrepreneurial teams that have customer acquisition as part of their core DNA. It is this maniacal focus, deep appreciation for process and exceptional talent that makes them stand out. MATH forms deep and personal partnerships with entrepreneurs.
Lakewest PartnersVenture CapitalLakewest, Inc. is a real estate and private equity investment company located in Chicago, Illinois. Lakewest is an affiliate of Belgravia Group, Ltd., a leading Chicago residential developer, and was initiated by David W. "Buzz" Ruttenberg, founder of Belgravia Group. The company is operated by Buzz Ruttenberg and Jonathan W. McCulloch.
The idea for inRentive was conceived while Abe was running a boutique leasing brokerage called Urban Lux, operating in Chicago, Denver and Atlanta. Urban Lux originally focused on providing leasing and management services to private landlords. As demand in the rental market continued to rise, the business expanded to include multi-family housing and a small team of agents was hired to service the growing number of clients they began attracting. The team relied on Craigslist to source the majority of inbound leads, and soon began generating hundreds of leads per month, far outpacing any of its competitors. Urban Lux quickly grew into one of Chicago's most successful brokerages, leasing thousands of apartments each year in the Downtown Chicago Market.
As the popularity of Craigslist continued to rise, Abe began to work with a small team of developers to build the first comprehensive content management and Craigslist posting tool to be used in-house. Upon release, Urban Lux again doubled in size and quickly expanded its office space to accommodate the growing number of leasing agents joining the firm. Inquiries began piling in from local brokerages and properties requesting a public release of their Craigslist posting solution. Seizing a market opportunity, inRentive was officially born.
In 2011, Abe added more talent to the technology team to continue to inspire the shared the vision of streamlining the rental industry. inRentive doubled its team of developers and began work on their first release, inRentive Share, a platform developed in collaboration with Apartments.com. The tool was released for beta testing in the Spring of 2012, and received rave reviews. The inRentive team worked closely with both the team at Apartments.com and the early adopters of the inRentive platform, and crowdsourced ideas for their next release, inRentive Listings, which made its debut in February of 2013.
The vision of inRentive is rather simple: To restore consumer confidence in the Real Estate industry. inRentive continues to push the limits with their developments, and strives to build products that are not only useful and easy to understand, but are also visually stimulating. inRentive believes that good design should lay the foundation for any product.
Access to social validation tools, peer-to-peer feedback, and instant access to unit level inventory are critically necessary for the industry in the next decade. Consumer-focused tools developed with landlords in mind is exactly the forward-thinking strategy that is currently absent in today's marketplace. The inRentive suite was developed as a set of stand-alone products that are fully integrated. The suite, when used as a holistic solution, is truly the most effective and useful tool currently available. The inRentive team continues to add new features daily, which has allowed them to quickly grow into key players in the marketplace.