ABODO Secures $4,800,000 Series A Round

  • Feed Type
  • Date
    9/1/2016
  • Company Name
    ABODO
  • Mailing Address
    551 West Main Street Madison, WI 53703 USA
  • Company Description
    Though the vast majority of renters live outside of New York, San Francisco, and LA, those top markets continue to be the focus of nearly all innovation in the outdated world of apartment search.

    ABODO changes that.

    ABODO creates first-of-their-kind, localized rental marketplaces for underserved, tier 2 U.S. cities.

    Our platform combines the largest, most accurate and up-to-date inventory of local apartments available for a given city with a mobile-first, seamless search experience.

    This combination of unmatched local marketplace liquidity, and a delightful search experience, has helped ABODO grow from Madison, WI to 15 additional cities in the last 18 months, and from thousands of users to millions.

    With millions of renters now using ABODO across the web, iOS and Android, we’re obsessed with continuing to make the process of finding your next apartment effortless, especially in cities outside of New York, San Francisco and LA.

  • Website
    http://www.abodo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,800,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    This round will be used to continue our mission to innovate in the apartment listing space in order to bring meaningful change to the way people find apartments today. We’re extremely excited to use the funding for continued national growth and expansion.
  • M&A Terms
  • Venture Investor
    4490 Ventures
  • Venture Investor
    American Family Ventures
  • Venture Investor
    Flyover Capital

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