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Stock impact report

Zumper raises $60M to double down on tech to grow its apartment rentals platform [TechCrunch Blog]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research 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 Show less Read more
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