Rentcycle

the online rental marketplace
Startup/business
flags/United States.gif

California, United States
http://www.rentcycle.com

Finalist in Vator Splash Competition (February)

Rentcycle lets you discover, compare and book goods for rent online.

As the first online rental marketplace, Rentcycle provides businesses greater visibility to a targeted audience and converts online leads into online sales.

Rentcycle successfully brings the rental industry online.

Latest updates

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Tim Hyer (Founder)

Rentcycle added to the lineup at this month's SF New Tech on St. Pat's. We'll be sporting our Rentcycle green! http://sfnewtech.com/ on March 03

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Tim Hyer (Founder)

Recap of Rentcycle's first big rental industry event at The Rental Show in Orlando: http://blog.rentcycle.com/welcome-to-the-rental-industry on February 12

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Tim Hyer (Founder)

Hello from 30,000 feet! Enjoying in-flight wifi and following up on leads after Rentcycle's debut to the rental industry. Successful week! on February 11

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Tim Hyer (Founder)

Greetings from The Rental Show in Orlando, FL! Day 1 exceeded expectations. I think the rental industry is ready to get online :-) on February 09

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Tim Hyer (Founder)

Amazing night at Vator Splash! Thanks Bambi and Team. Just finished blogging about how much fun I had. Cheers! http://blog.rentcycle.com/making-a-splash-in-silicon-valley on February 05

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Business model

Rentcycle is free for consumers to use. We make money through commission and promotional fees, both paid by the rental businesses.

Each rental business gets a listing in the Rentcycle marketplace with free access to our reservation and inventory management tools. For converting an online lead into an online sale, Rentcycle takes 10% of the transaction cost. Rentcycle gets no commission until a reservation is made.

Rentcycle will also offer enhanced listings to rental businesses looking to increase their visibility in the marketplace. This will be offered as a monthly advertising fee.

Competitive advantage

Two trends are currently emerging in the space of consumer Internet. First is the movement to bring local service providers online. Second is the gravitation toward renting as a viable option for exchange because of its economic and sustainable benefits.

Rentcycle delivers on both of these trends by giving consumers direct access to rental business inventory in real-time. We do this by serving local businesses in order to increase efficiency. To date, we are the only company doing this.

Management Bio

Tim Hyer | Founder

Tim is most interested in how the intersection of business and design can lead to innovation and meaningful experiences for the consumer. Prior to founding Rentcycle, Tim worked in business development for Cheskin, an innovation consulting firm. Before that, he was Brand Manager at Red Hat Inc, where he strategically managed the brand portfolio for this global software company. Tim graduated with distinction from Duke University with a BA in Visual Arts (graphic design) and Certificates in Markets & Management Studies and Film, Video, and Digital Media. When he's not designing the company website or visiting rental shops, Tim competes in triathlons and explores the California coast with his wife and dog, Stella.

Worldwide traffic of Rentcycle

Worldwide traffic for the website www.rentcycle.com

Feedback and testimonials

Ray Hyer January 04, 2010
Solid concept that will benefit the antiquated rental market, and hopefully make money too!
Barton Malina December 03, 2009
Keep up the great work. This looks like a winner to me.
Suggestion: Add a Barter file to your data bank.
Barton Malina 12-02-09
t s October 04, 2009
Great work Tim.
Okan Arikan October 01, 2009
Awesome idea, best of luck.
Brendan Hayes September 30, 2009
Go Tim Go!
Chirs Carlberg September 30, 2009
This is a great idea!
dan ferris September 29, 2009
hey timmy,

interesting stuff --- good luck man
dan brennan September 29, 2009
what an outstanding concept. sure to be a real winner.