RentStuff.com raises seed funding, looks to expand

JumpStart Foundry graduate RentStuff.com has received a funding boost and is expanding to the Chicago market.

The company, which allows people to rent items they need but may not want to buy and to list little-used items for rent, recently raised a $660,000 series A round [2] led by Solidus Co.

With the funding, the company will be hiring new engineers and will open an office in downtown Chicago at 1871, a new tech co-working space, in May. CEO Chris Jaeger (pictured here) will be moving to Chicago to get that operation running, but the remaining staff will remain in Nashville.

“This funding is vital to growing our presence in large cities across the U.S. such as New York, Chicago, Los Angeles, and San Francisco. It also enables us to strengthen and expand our current rental platform to support the innovations demanded by our rapidly growing user base,” said Jaeger.

Disclosure: Solidus Co., which led the funding round, is an investor in NashvillePost.com parent company SouthComm.