Zumper picks up $6.5 million in Series A funding round

Real estate search site in pursuit of end-to-end home, apartment rentals

New York /
Mar.March 03, 2014 05:45 PM

Home search platform Zumper has raised $6.5 million in a Series A round of funding, the real estate startup announced Monday.

Zumper closed the round from Kleiner Perkins Caufield & Byers, with seed investors NEA and Dawn Capital also participating. Chi-Hua Chien, who led the initial seed investment round from KPCB, will join Zumper’s Board of Directors, according to a press release from the company.

Zumper pursued the funding with the aim of building the first ever end-to-end platform for home and apartment rentals across mobile and web, CEO Anthemos Georgiades said in a release from the startup.

“We built Zumper to increase the speed and efficiency of the apartment rental process for both renters and real estate professionals, and we spent our first year and a half getting the fundamental user experience right,” Georgiades said in the release. “But we have a much bigger vision, which this funding will help accelerate: to power the apartment rental process from end to end.”

Zumper’s mobile-first business-to-business product Zumper Pro has grown at a rate of more than 25 percent month-over-month since launching in April 2013, and the company’s search platform has grown from two initial launch markets to covering the entire U.S., according to the release. — Julie Strickland


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Robert Redford and the Utah ranch (Photos via Getty, UTAH REAL ESTATE / Windermere Real Estate-Utah / Jaisa Bishop)
One of Robert Redford’s Utah ranches hits market
One of Robert Redford’s Utah ranches hits market
Developer Troon Pacific CEO Gregory Malin with the home (Compass, Troon Pacific)
San Francisco’s priciest listing is Cow Hollow spec mansion asking $46M
San Francisco’s priciest listing is Cow Hollow spec mansion asking $46M
Los Angeles, New York and Miami metro areas are in the top 10 of owner-occupied million dollar homes. (iStock)
These metro areas have the most — and fewest — million-dollar homes
These metro areas have the most — and fewest — million-dollar homes
Jordan Slone of Harbor Group and The Henry at 1 Crystal Hill Drive (Harbor Group)
Harbor Group pays $54M for Rockland County apartment complex
Harbor Group pays $54M for Rockland County apartment complex
Joe Moinian with 123 Linden Blvd (The Moinian Group)
Moinian nabs $223M refi for Flatbush apartment complex
Moinian nabs $223M refi for Flatbush apartment complex
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...