Bungalow is a residential real estate platform providing beautiful homes with great roommates, paired with a seamless digital-first experience for early career professionals. The company takes care of everything from matching great roommates and furnishing a home's common areas to streamlining rent and utilities payments and handling service requests, removing friction from the rental experience. In addition, Bungalow helps its residents create a thriving community through exclusive social events and volunteer opportunities. Bungalow is able to offer rooms in the most desirable neighborhoods by working directly with homeowners who are looking for a guaranteed income stream but don't want to sell their homes. This model has helped Bungalow scale to hundreds of homes within a year. Founded in 2017 by Andrew Collins and Justin McCarty, the company currently has more than 750 housemates in hundreds of homes across seven markets. For more information visit www.bungalow.com.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
08/23/18 | $64,000,000 |
Atomic VC Cherubic Ventures Founders Fund Wing Ventures | undisclosed | |
08/24/21 | $75,000,000 | Series C |
Atomic VC Coatue Management Deer Park Road Founders Fund | undisclosed |