Zumper, a San Francisco, CA-based rental marketplace, raised an additional $30M in Series D funding.
The company, which has raised $178M to date from Kleiner Perkins, Goodwater Capital, Headline, Dawn Capital, and the Blackstone Group, intends to use the funds for expansion into short-term rentals.
Led by co-founder and CEO Anthemos Georgiades and Chief Experience Officer Shalin Amin, Zumper provides a marketplace that offers annual, monthly and nightly rental options. By expanding inventory to now offer short-term options, the company gives consumers the flexibility to find their forever or for now residence. Zumper’s short-term listings can be booked at no additional fee to the guest, which is traditionally upwards of 15% or more on other short-term rental sites such as Airbnb. Conversely landlords can now opt to list their properties short-term to meet demand with the ability to advertise their short-term and monthly rentals in front of Zumper’s over 178M annual visits.
The short-term product has been designed and built to:
- Deliver a larger selection of choice
- Aggregate inventory from multiple short-term partners
- Offer a digital rental concierge to help find tailored listings that meet a renter’s needs
- Provide tools like Saved Search and Alerts to put the renters in control
- Allow for an all-in-one seamless app experience
The company has hubs in Los Angeles, Scottsdale, Chicago, Miami, and Providence. To date, Zumper has raised over $178 million.
FinSMEs
25/08/2022