Silvernest Raises $1.3M in Seed Funding

Silvernest, a Denver, CO-based online roommate-matching service for boomers and empty nesters, raised $1.3m in seed funding.

Backers included Halogen Ventures, 1843 Capital, Rockies Venture Club, Investor’s Circle and 500 Startups. In conjunction with the funding, Silvernest has hired Ben Beierwaltes as vice president of product development while Eddie Thomas, the former CTO of DogVacay and vice president of engineering for eHarmony, has joined the company’s advisory board.

The company intrends to use the funds to scale the business and invest in product advancements.

Launched in late 2015 and led by CEO Wendi Burkhardt, Silvernest provides an online roommate-matching service that pairs boomers, retirees, empty nesters and other aging adults with compatible long-term housemates, enabling them to earn an average of $10,000 a year and remain in their homes longer. The service matches homeowners and housemates based on behavioral profiles and demographic preferences, and allows them to conduct full background checks, communicate securely in-platform, create state-specific leases and process rent payments.

Silvernest has expanded to all 50 states, reaching nearly 20,000 registered users and making 16,000 matches.

FinSMEs

22/06/2017

 

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