Abodo Raises $4.8M in Series A Funding

abodoAbodo, a Madison, Wis.-based leader in apartment listing technology, completed of its $4.8m Series A financing.

The round was led by existing investor 4490 Ventures with participation from American Family Ventures and Flyover Capital.

The company, whoch has raised more than $8m since 2012 inception, intends to use the funds for continued national growth and expansion.

By combining a approach with a high-quality inventory of apartments nationwide, ABODO provides its Millennial and young professional users with the tools they need to find and rent apartments in a convenient and timely manner. As a result, ABODO has seen its user growth increase 600 percent over the past year.

Led by CEO Alec Slocum, Abodo is a hyper-local apartment search service driving the rental search experience by combining a large inventory of available apartments with a mobile-first user experience.
Founded in 2012, the company now has a team of 28.



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