Deals

Bedly Raises $2.7M in Funding
Date: 
Thursday, April 20, 2017
Location: 
Cambridge
Categories: 
Consumer
eCommerce & Marketplaces
Deal Type: 
Funding

Bedly, the first platform to provide a network of end-to-end rental housing services, has raised $2.7M in venture capital to scale its business.  The seed funding was lead by Accomplice with participation from Founder Collective and several angel investors. The funding will be used to increase members (renters) and increase housing inventory in New York City and Boston where Bedly has been in early release since mid-2016.

"Why are we still renting the same way we have for the past 100 years? The old way is antiquated and makes no sense for the new generation of renters. Bedly has killed the 12-month lease, freed you from nonsense like seeing the apartment in person, hooking up utilities and buying/moving furniture. Want to live in a different neighborhood? Cool, pack your clothes and move in tomorrow. Leave the nonsense to us," said Martin Greenberg, co-founder and CEO of Bedly.  Since Bedly's early release last year, it has provided housing to more than 1,000 members through its platform... READ MORE