San Francisco, CA (PRWEB) June 25, 2015
The Series A1 round was led by existing investors Goodwater Capital (Chi-Hua Chien) and Kleiner Perkins Caufield & Byers (Randy Komisar) on the back of explosive growth since Zumper’s Series A in February 2014.
Alongside the round, Zumper announced some of its user metrics for the first time:
- 1.5 million monthly visits
- 70% of search coming on mobile
- Over $1 million in annual revenue run-rate
Anthemos Georgiades, Founder & CEO, commented on the raise:
“We went out to do a short, sharp raise to put more money in the bank ahead of a large Series B next year. Our month on month growth across every single metric is in the double digit percentages, and has been for 15 months straight. We have the most rental listings of any platform in the US, and we are delivering the only world in which renters can make binding applications on apartments during appointments and open houses from their iPhone or Android devices. This is how this industry will work in a decade, and we're the first to deliver it."
About Zumper, Inc.
Zumper, based in SoMa San Francisco, is the first end-to-end house & apartment rental platform. Zumper takes renters from search through to application and close, and offers landlords, managers & agents a one stop shop for marketing and tenant screening.
Zumper, a team of 20, has raised $14.6 million in venture capital, most recently a $6.4 million round led by Goodwater Capital and Kleiner Perkins Caufield & Byers.