Together, a Los Angeles, CA-based rental platform for people who want to live in community, closed a $2m funding round.
Backers included Caffeinated Capital, Eric Wu, CEO of Opendoor, Balaji Srinivasan, Homebrew, Form Capital, Bobby Lo, and several other angels.
The company intends to use the funds to continue to expand their engineering, design, and operational teams, to refine the product, and expand its business reach.
Together focuses on creating an amazing experience for its Point of Contacts, its platform’s community leaders, and visionaries. The startup enables their Point of Contacts to find people and a property by directly acquiring community members and a property for the community to live in. Through Together, homeowners are able to find tenants with little to no acquisition cost. In return for community membership fees, members get a home, and supportive people to share it with. Members also can take part in community activities, events, and retreats supported by the membership fees.
On top of the benefits to homeowners and Point of Contacts, the company handles the parts of setting up each Casa and bookings, payments, and payouts.