What is Zumper?
Founded in 2011 and headquartered in California, Zumper provides a streamlined platform for apartment rentals, simplifying the process for both renters and landlords. The company has evolved into a comprehensive resource for real estate transactions, leveraging technology to enhance user experience and operational efficiency. Zumper's strategic capital infusions have enabled it to scale its operations, expand its service offerings, and solidify its presence in the digital real estate landscape. The company's focus on innovation and user-centric solutions positions it as a key innovator in the proptech industry.
How much funding has Zumper raised?
Zumper has raised a total of $167.7M across 6 funding rounds:
Angel/Seed
$1.7M
Series A
$6.8M
Private Equity
$5.6M
Series B
$17.6M
Series C
$46M
Series D
$90M
Angel/Seed (2012): $1.7M with participation from Dawn Capital, The Experiment Fund, Kleiner Perkins Caufield & Byers, New Enterprise Associates, and Greylock Partners
Series A (2014): $6.8M led by Kleiner Perkins Caufield & Byers, New Enterprise Associates, and Dawn Capital
Private Equity (2016): $5.6M, investors not publicly disclosed
Series B (2016): $17.6M featuring Kleiner Perkins, Foxhaven Asset Management, and Breyer Capital
Series C (2018): $46M backed by Kleiner Perkins Caufield & Byers, Stereo Capital, Xfund, Breyer Capital, Axel Springer SE, Goodwater Capital, and Dawn Capital
Series D (2022): $90M with participation from e.ventures
Key Investors in Zumper
e.ventures
e.ventures specializes in delivering cutting-edge web and mobile application solutions, having successfully completed over 4000 web projects and 300 mobile apps since its inception in 2003. The company serves a diverse clientele, including industry leaders, Fortune 500 companies, and SMEs, providing custom software solutions that are often rebranded under their clients' names.
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California. New Enterprise Associates(NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
What's next for Zumper?
With its latest major strategic investment, Zumper is poised for accelerated growth and further market consolidation. The company is expected to leverage this capital to enhance its technological infrastructure, expand its geographic reach, and potentially explore strategic acquisitions. Continued investment in data analytics and user experience will likely be central to its strategy, aiming to maintain its competitive edge. Zumper's trajectory suggests a continued focus on becoming the go-to platform for rental properties, driven by ongoing innovation and strategic financial backing.
See full Zumper company page
