Zumper, the largest privately-held rental marketplace in the U.S., announced it has raised $60 million Series D funding led by new investor e.ventures. Post this round, the company’s total funding has crossed $150 million so far.
Zumper will utilise the funds to accelerate the company’s mission, grow the sales and engineering teams, and invest in scaling its unique end-to-end transactional tools.
“Zumper’s progress so far is striking, and it has quickly become the leading independent company focused on the rental market,” said Mathias Schilling, Co-Founder and Managing Partner with e.ventures. “We believe that Zumper is well positioned because of its focus on providing an exceptional product for renters and great value for landlords and multi-family properties.”
“We founded Zumper to build the first online booking experience for long term apartment rentals,” said Anthemos Georgiades, CEO and Co-Founder of Zumper. “This fundraise helps us pull ahead of the competition in delivering this vision. Renting an apartment should be as easy as walking into an open house, leaving a deposit for the apartment, then paying your rent to the landlord, all through the same platform. This is what we have built, and now it’s about scaling it.”
Zumper was founded in 2012. The company’s mission is to make renting an apartment as easy as booking a hotel by seamlessly connecting renters and landlords through their rental journey from search to close. Zumper offers renters the ability to find, apply for and then book their next apartment, as well as digitally pay their landlord their rent, all in one place.
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