Kinglet, a Baltimore, MD-based provider of an on-demand platform for office rentals, completed $500k in angel funding.
Backers included David Williams, CEO of Merkle, Brad Dickerson, CFO of Under Armour, and Chris Brandenburg, co-founder of Millennial Media.
The company intends to use the funds to expand into additional markets such as Washington, DC and Philadelphia in 2015.
Led by Alex Kopicki, CEO, Kinglet provides an online marketplace connecting entrepreneurs and small businesses with office space in as little as 24 hours. It aims to minimize inefficiencies in the leasing process for both the host and guest via flexible monthly terms, collaborative environments and standard agreements.