What is Apartment List?
Apartment List, Inc. operates as a prominent online rental marketplace connecting renters and landlords across the United States. The platform offers a robust search functionality, enabling users to discover rental properties based on specific criteria such as price, location, and amenities. Headquartered in San Francisco, California, Apartment List has established itself as a key player in the real estate technology sector, facilitating smoother rental transactions for millions of users.
How much funding has Apartment List raised?
Apartment List has raised a total of $164M across 7 funding rounds:
Series A
$23M
Private Equity
$3.7M
Unspecified
$6M
Private Equity
$1.4M
Series B
$30M
Series C
$50M
Series D
$50M
Series A (2013): $23M with participation from Matrix Partners and Arul Velan
Private Equity (2013): $3.7M, investors not publicly disclosed
Unspecified (2014): $6M supported by Passport Capital and Glynn Capital
Private Equity (2014): $1.4M, investors not publicly disclosed
Series B (2016): $30M backed by Glynn Capital, Canaan Partners, and Matrix Partners
Series C (2018): $50M with participation from Matrix Partners, Industry Ventures, Western Technology Investment, Allen & Company, Tenaya Capital, John Burbank, Soros Fund Management, Quantum Partners, and Canaan Partners
Series D (2020): $50M led by Janus Henderson Group plc
Key Investors in Apartment List
Matrix Partners
Matrix Partners is a venture capital firm known for investing in early-stage technology companies, providing strategic guidance and capital to foster growth and innovation.
Canaan Partners
Canaan is an early-stage venture capital firm that invests in technology and healthcare companies, backing founders from seed through growth stages.
Passport Capital
Passport Capital is a global investment firm that engages in public equity and alternative investments, with a focus on fundamental research and macroeconomic analysis.
What's next for Apartment List?
With the recent major strategic investment, Apartment List is poised for accelerated growth and innovation. The company's trajectory suggests a focus on enhancing its platform capabilities, expanding its market reach, and potentially exploring new service offerings within the rental ecosystem. This substantial backing indicates investor confidence in Apartment List's business model and its potential to further disrupt the residential rental market through technological advancements and strategic partnerships.
See full Apartment List company page