Zumper, a San Francisco, CA-based privately owned rental marketplace, announced the official launch of its short-term rental product and added a further $30 million to its Series D funding round.
The additional investment, which takes the company’s total funding to date to $178 million, has been earmarked for short-term rentals at a time when consumers are demanding, and in some cases requiring, flexibility in housing choices on one purpose-built platform.
Backed by Kleiner Perkins, Goodwater Capital, Headline, Dawn Capital, and the Blackstone Group.
Zumper will now offer a new inventory of more than half a million short-term listings. By expanding inventory to now offer short-term options, Zumper is aiming to directly address renter pain points by giving consumers the flexibility to find "forever" or "for now" residences.
Company: Zumper Inc.
Round: Series D ext.
Funding Month: Aug 2022
Lead Investors: Kleiner Perkins, Goodwater Capital, Headline, Dawn Capital, and the Blackstone Group
Company Website: https://www.zumper.com/
Software Category: Rental platform
About the Company: Zumper is the largest privately owned rental platform, a software platform that connects people with real estate rental properties. Zumper is on a mission to make renting an apartment as simple as booking a hotel room. Zumper connects property owners and multifamily partners with quality renters and provides them with the tools they need to fill more vacancies faster. Zumper now offers short-term rentals, which can be booked at no additional cost to the guest, and landlords can now choose 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 178 million annual visitors. Zumper has been named a Forbes 2021 Best Startup Employer and a BuiltIn SF 2021 Best Place to Work/Company with the Best Benefits.