Foley Hoag Congratulates Client Zumper on Series A Financing
March 4, 2014
Foley Hoag client Zumper, Inc. recently announced it closed a Series A financing led by Kleiner Perkins Caufield & Byers. Seed investors including funds affiliated with New Enterprise Associates and Dawn Capital also participated in the round. Foley Hoag partner Alex Aber and his colleagues Patrick Connolly and Jonathan Romiti advised Zumper on the transaction.
Founded in 2012, Zumper provides tools that allow brokers and property managers to simplify how they manage their listings, with mobile and web apps to post and update apartments that are available for rent. Zumper’s consumer search platform had grown from two launch markets to encompass the entire U.S., enabling renters to browse over 500,000 active rental listings. The company will use the funding to accelerate and accommodate growth.
"Foley Hoag extends our congratulations to Zumper - and its terrific team led by Anthemos Georgiades - on its successful Series A financing," Aber said. "This new funding will help Zumper in expanding and adding new platforms, as well as increasing its listing tools for agents, making their product even more desirable to end-users."
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