Zumper raises $60M to double down on tech to grow its apartment rentals platform [TechCrunch Blog]
CoStar Group, Inc. (CSGP)
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Source: TechCrunch Blog
The apartment rental market in the US will be worth $174.1 billion Zumper This Series D is being led by new backer e.ventures The company is not talking about its valuation but we understand that it is more than double the valuation $46 million Series C round in 2018 Zumper also doesn’t disclose financials but says that it’s been seeing 100% growth year-on-year for its revenues and is on track to have some 80 million people using its platform in 2020, with 13 million visitors per month, typically looking for one-year leases. And within its B2B rental big data play, some 1 million listings are analysed monthly. The startup’s growth is coming at a pivotal time in the property market. On one hand, Zumper competes against the likes of other fast-growing startups like Compass, as well as giants like Zillow Costar But at the same time, we have seen a fair amount of stress in the industry — the oversupply of inventory in the market has put pressure on prices, and some of the biggest and most
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CSGP
News
- CoStar Group, Inc. (NASDAQ: CSGP) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $90.00 price target on the stock.MarketBeat
- CoStar Group Partners with eXp Commercial to Provide Expanded Technology SuiteBusiness Wire
- CoStar Group Insiders Sold US$8.4m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- 365 Connect Releases Junk Fee Act Compliance Feature Across Its Marketing and Leasing Platform [Yahoo! Finance]Yahoo! Finance
- CoStar Group, Inc. (NASDAQ: CSGP) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $100.00 price target on the stock.MarketBeat
CSGP
Earnings
- 10/22/24 - Beat
CSGP
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/10/24 - Form 144
- CSGP's page on the SEC website