2nd Address, a San Francisco, CA-based rental platform for business travelers, secured $10m in funding.
The round was led by GV with participation from Foundation Capital, Amicus Capital, Pierre Lamond, and others.
The company intends to use the funds to expand its collection of homes, provide tools for hosts to better manage their homes, add integrations with corporate booking tools, visibility into employee travel itineraries, and central reporting and billing features.
Led by CEO Chung-Man Tam, 2nd Address is a corporate housing company offering thousands of diverse and premium apartments, condos, and houses in major business centers across the U.S., helping users find, lease, and manage properties.
Launched in November 2017, the platform has served executives and employees from the Chan Zuckerberg Initiative, Google, SAP, Deloitte, and KLM, construction teams working on large projects, traveling medical professionals rotating through hospitals nationwide, educators and researchers from universities such as Stanford, Northwestern, and University of New Mexico while on long-term projects, opening new offices, or relocating to a new city.