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NEA Joins $6.5M Series A For Zumper

03/04/2014

Zumper (www.zumper.com), the home and apartment rental search platform, announced that it has closed a Series A round of funding from Kleiner Perkins Caufield & Byers (KPCB), with seed investors including NEA and Dawn Capital also participating in the round. Chi-Hua Chien, who led the initial seed investment round from KPCB, will join Zumper’s Board of Directors.

Zumper is focused on building the first ever end-to-end platform for home and apartment rentals across both mobile and web, and will use the funding to accelerate and accommodate growth.

The company has seen extraordinary growth since it launched in 2012 with seed capital from KPCB; NEA; Andreessen Horowitz; Greylock; CrunchFund; Dawn Capital; The Experiment Fund; and the deWilde family trust.

Zumper’s CEO Anthemos Georgiades commented: “We built Zumper to increase the speed and efficiency of the apartment rental process for both renters and real estate professionals, and we spent our first year and a half getting the fundamental user experience right. But we have a much bigger vision, which this funding will help accelerate: to power the apartment rental process from end to end. Zumper will become not just a destination for renters to search for their next apartment, but the platform from which they will schedule appointments and apply for their new home, all from their phones. On the other side, our thousands of landlord and broker users will be able to generate, manage and then close all their tenant leads through the Zumper Pro ecosystem, whether on iPhone, Android or web.”

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