Zumper Revenue, Valuation, Funding & Investors
Zumper is valued at $500M as of January 2022.
Last Zumper valuation
$500M
Series D · Jan 2022
Last Zumper funding round
$30M
Series D · Jan 2022
Zumper revenue
$5M
Series B · Oct 2016
Key investors in Zumper
Kleiner Perkins
Goodwater Capital
Dawn Capital
Greycroft
Headline
Breyer Capital
About Zumper
San Francisco-headquartered Zumper is North America's largest private rental marketplace, facilitating apartment searches with hotel-like booking. The platform attracts over 125 million annual visits, serving renters and landlords across major U.S. and Canadian cities.
Founded
2012
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Revenue
$5M (Oct 2016)
Valuation
$500M (Jan 2022)
Zumper Valuation
Zumper is currently valued at $500M, based on its Series D in January 2022.
The $30M round was led by Kleiner Perkins, with participation from E-Ventures, Blackstone, Greycroft, Goodwater Capital, Dawn Capital and 1 other investor.
Zumper's valuation has grown 5.0x from $100M at its Series B in October 2016 to $500M in January 2022, across 3 priced rounds.
Zumper valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2022 | Series D | $500M | - |
| Aug 2018 | Series C | $246M | - |
| Oct 2016 | Series B | $100M | 20.0x |
Zumper Revenue
Zumper's latest recorded revenue is $5M, as of its Series B in October 2016. At a $100M valuation, that implies a 20.0x revenue multiple.
Zumper revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2016 | $5M | $100M | 20.0x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Zumper Funding History
Zumper has raised a total of $180M across 7 funding rounds.
Zumper's first fundraising round was a $7M Series A in March 2014. The most recent completed round was a $30M Series D in January 2022.
Zumper funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Series D | Kleiner Perkins (lead); E-Ventures; Blackstone; Greycroft; Goodwater Capital; Dawn Capital; Headline | $30M | $500M | Zumper is a San Francisco-based rental marketplace connecting renters with landlords for both long-term and short-term leases, aiming to make renting as easy as booking a hotel. It generates revenue through subscriptions from multi-family and single-family landlords and transactional fees averaging 10% on short-term bookings. It positions itself against competitors like Zillow, Apartments.com, and CoStar by focusing on end-to-end rental solutions for 'forever' or 'for now' homes, differentiating from travel-focused platforms like Airbnb. At the time, Zumper reported over 1 million listings and 70 million users in the prior year, with 178 million annual visitors, and launched over half a million short-term listings. In January 2022, Zumper raised $30 million in a Series D1 extension round led by Kleiner Perkins, with participation from Goodwater Capital, Greycroft, and others, bringing total funding to nearly $180 million. The funds were allocated to enhance product development for short-term rentals, grow sales and engineering teams, and scale transactional tools, amid a push into flexible housing options post-pandemic. This round followed a $60 million Series D in March 2020 led by Headline, with a valuation between $400-600 million. Investors like Kleiner Perkins have backed Zumper since its 2012 seed round, alongside firms such as Andreessen Horowitz, NEA, Greylock, Dawn Capital, and Blackstone. |
| Mar 2020 | Series D | Headline (lead); Tony Jamous; Conviction VC; Greycroft; LAUNCH | $62M | - | Zumper is a San Francisco-based rental marketplace founded in 2012 that operates as an end-to-end platform connecting renters and landlords, enabling users to search, apply, book apartments, and pay rent digitally, serving over 80 million people annually across the US and Canada with 13 million monthly visits and over one million listings analyzed monthly. The company positions itself as the largest privately-held rental marketplace in the US, focusing on making apartment renting as seamless as booking a hotel, and acquired PadMapper in 2016 to bolster its offerings. It has expanded to around 200 employees in offices including San Francisco, Scottsdale, New York, Chicago, and Rhode Island, and serves as a key resource for residential rental data. In March 2020, Zumper closed a Series D funding round raising approximately $60-61.75 million led by e.ventures (noted as Headline in some contexts), with participation from existing investors such as Greycroft, Dawn Capital, Kleiner Perkins, Axel Springer, Stereo Capital, Blackstone Group, and others including Goodwater Capital and Breyer Capital. This brought total funding to over $150 million. The round valued Zumper between $400 million and $600 million post-money, more than double its prior Series C valuation of over $200 million but under $300 million from August 2018 when it raised $46 million. Funds were earmarked to accelerate platform development, expand sales and engineering teams, scale transactional tools, and grow its US footprint in the two-sided rental marketplace. At the time of the round, Zumper reported 100% year-over-year revenue growth and was on track for 80 million users in 2020, but did not disclose specific revenue, ARR, or EBITDA figures. The company emphasized its B2B rental data capabilities and competitive edge in delivering an integrated renter-landlord experience amid a proptech market demanding scalable, tech-driven solutions for long-term apartment rentals. |
| Aug 2018 | Series C | Axel Springer (lead); Stereo Capital (lead); Breyer Capital; Kleiner Perkins; Xfund; Dawn Capital; DivcoWest; Scott Cook | $46M | $246M | Zumper, a San Francisco-based residential rental platform, raised $46 million in its Series C funding round announced on September 18, 2018, led by Axel Springer and Stereo Capital, with participation from Blackstone, Dawn Capital, Kleiner Perkins, Breyer Capital, Scott Cook, Goodwater Capital, and xfund, bringing total funding to $90 million. The company operates an end-to-end marketplace connecting renters and landlords, offering over 1 million listings, attracting 8 million monthly visitors, and serving a quarter million landlords. It leverages machine learning for rent price predictions, personalized recommendations, and tools to optimize pricing and facilitate transactions, aiming to simplify renting like booking a hotel with features like a planned 'Book Now' instant booking option. At the time, Zumper had around 120 employees and planned to hire up to 50 more to expand its platform, including new website and mobile apps with advanced search and filters. The startup had previously acquired PadMapper in 2016, positioning itself as the largest residential rental startup in the US, competing with giants like Zillow by focusing on rentals amid a US property market slowdown. Investors like Axel Springer brought media and classifieds expertise, while Blackstone acted as a strategic partner and major landlord client, with a board observer role. |
| Oct 2016 | Series B | Breyer Capital (lead); Foxhaven (lead); Kleiner Perkins; Goodwater Capital; Xfund; Marcus & Millichap; Scott Cook | $23M | $100M | Zumper is an online apartment search platform operating in the U.S. and Canada, offering a free service used millions of times monthly for rental searches. It also provides Zumper Pro, a paid service for landlords and brokers to manage listings, screen tenants, and promote listings for additional fees. In October 2016, Zumper raised $17.6 million in a Series B funding round led by Breyer Capital and Foxhaven Asset Management, with participation from Kleiner Perkins, Scott Cook, and others, bringing total funding to $39.2 million. The post-money valuation was just north of $100 million. At the time, the company had approached nearly $5 million in yearly revenue run rate from its paid offerings. The funding was intended to scale the core search product and launch a new offering to assist renters post-search, potentially capturing broker commissions of 12-15% of yearly rent. This positioned Zumper to expand beyond searches into more lucrative areas of the rental process. |
| Jan 2016 | Series A | Goodwater Capital (lead) | $7M | - | Zumper raised $6.85 million in a Series A round in January 2016 led by Goodwater Capital to scale operations and enhance user experience. This followed a prior Series A of $6.4 million in June 2015 also involving Goodwater Capital and Kleiner Perkins. Goodwater Capital focuses on consumer technology companies like Spotify and Facebook. Zumper operates as a rental marketplace connecting renters and landlords. The company continued raising capital, including a $22.7 million Series B in October 2016 led by Breyer Capital and Foxhaven, and later Series D rounds totaling over $150 million by 2020 with valuations between $400 million and $600 million. |
| Jun 2015 | Series A | Goodwater Capital (lead); Kleiner Perkins (lead); Cyriac Roeding | $6M | - | Zumper operates an end-to-end real estate platform for apartment rentals, enabling users to list, search, apply, and close deals. It offers Zumper Pro for landlords and agents, handling marketing and tenant screening, with listings sourced from over 300 data feeds and direct relationships. The platform processed over 1 million listings monthly, with more than 1.5 million monthly visits, 70% from mobile. In June 2015, Zumper raised $6.4 million in a Series A1 round led by Goodwater Capital and Kleiner Perkins, following a $6.5 million Series A the prior year. Funds supported team growth and Zumper Pro development, with plans for a larger Series B. Revenue came from featured listings (20% of landlords) and applicant fees for credit and background checks. At the time, Zumper reported more than $1 million in annual revenue. It competed with Craigslist, RadPad, ApartmentList, Lovely, and Zillow's HotPads in the rental market. |
| Mar 2014 | Series A | Kleiner Perkins (lead); DeWilde family trust; New Enterprise Associates; Dawn Capital | $7M | - | Zumper raised $6.5 million in a Series A funding round in March 2014 led by Kleiner Perkins, with participation from Dawn Capital, NEA, and the DeWilde family trust. This followed a prior $1.7 million seed round from those investors plus Andreessen Horowitz, Greylock, CrunchFund, and The Experiment Fund. The funding aimed to expand the platform, hire engineers, launch Android apps for landlords, agents, and renters, and develop end-to-end listing tools for Zumper Pro users. Zumper operates a nationwide apartment search and rental listings management platform targeting both renters and landlords. At the time, it featured Zumper Pro for agents, which drove 25% month-over-month listing growth, 500,000 active rental listings, a landlord iPhone app, and a consumer iPhone app. The company planned to control a significant share of listings in the top 20 US rental markets by year-end. With seven employees closing the round, Zumper intended to more than double its headcount, primarily in engineering, to enhance its technology and market reach in the competitive rental space against players like Cozy and Lovely. |
Who has invested in Zumper?
21 investors have backed Zumper across its funding rounds, including Kleiner Perkins, Goodwater Capital, Dawn Capital, Greycroft, Headline and Breyer Capital.
Lead investors include Kleiner Perkins, Headline, Axel Springer, Stereo Capital, Breyer Capital and 2 other investors.
Zumper Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 5 | Lead | Mar 2014 | |
| San Francisco, CA | 4 | Lead | Jun 2015 | |
 London | 3 | Participant | Mar 2014 | |
| San Francisco, CA | 2 | Lead | Oct 2016 | |
| New York City, NY | 2 | Participant | Mar 2020 | |
| San Francisco, CA | 2 | Participant | Oct 2016 | |
| San Francisco, CA | 2 | Lead | Mar 2020 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Scott Cook | San Francisco, CA | 2 | Participant | Oct 2016 |
| Tony Jamous | London | 1 | Participant | Mar 2020 |
| London | 1 | Participant | Mar 2020 | |
 Beijing | 1 | Participant | Jan 2022 | |
| Charlottesville, VA | 1 | Lead | Oct 2016 | |
| DeWilde family trust | San Francisco, CA | 1 | Participant | Mar 2014 |
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Start Free TrialAcquisitions by Zumper
Zumper has acquired 2 companies to date.
Last acquisition by Zumper was on September 10th 2019. Zumper acquired NowRenting for undisclosed valuation.
Latest Acquisitions by Zumper
| Description | NowRenting is a property management software platform that streamlines tenant acquisition for landlords and property managers. Based in the U.S., the company offers tools to post and syndicate listings across multiple sites, screen applicants with background checks paid by tenants, sign digital leases, collect online rent, and handle communications via integrated chat, SMS, and email. NowRenting serves residential rental markets by consolidating the full tenant lifecycle into a single dashboard, reducing vacancy times and administrative burdens through its nowrenting.com portal. | PadMapper is a map-centric apartment search engine aggregating listings from Craigslist, Zillow, and Apartments.com. Seattle-based until its 2016 acquisition by Zillow, it displays rentals overlaid on interactive maps with filters for price, pets, and square footage. PadMapper covers U.S. cities with heatmaps highlighting availability trends. |
| HQ Country | | |
| HQ City | Providence, RI | San Francisco, CA |
| Deal Date | 10 Sep 2019 | 25 Feb 2016 |
| Valuation | undisclosed | $10M |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Zumper acquisitions and their M&A valuation multiples. Start Free Trial | ||
Zumper Competitors
Zumper competitors include listed companies like eDreams ODIGEO, trivago and On The Beach Group, and private ones like Hurb, Peek and Hipcamp.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Spain | Publicly listed | $770M | $161M | $517M | 1.1x | |
 Germany | Publicly listed | $632M | $13M | $460M | 0.5x | |
 Rio de Janeiro | Private | - | - | $546M | - | |
| San Francisco, CA | Private | - | - | $590M | - | |
| United Kingdom | Publicly listed | $163M | $48M | $330M | 2.5x | |
| San Francisco, CA | Private | - | - | $300M | - |
Zumper Public Comps
Zumper is still privately-owned, but its public comps include eDreams ODIGEO, Wirtualna Polska, trivago, Gloo, En, Nerdwallet, Hypoport, Maoyan Entertainment, Cars.com and Stitch Fix.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $770M | $161M | 1.1x | 1.1x | 5.4x | 5.3x | |||
| $585M | $102M | 1.4x | 1.3x | 8.1x | 5.6x | |||
| $632M | $13M | 0.5x | 0.5x | 24.3x | 10.9x | |||
| $95M | ($136M) | 5.0x | 3.0x | (3.5x) | (11.4x) | |||
| $380M | $45M | 0.7x | 0.8x | 6.2x | 5.5x | |||
| $837M | $112M | 0.6x | 0.6x | 4.7x | 3.6x | |||
| $694M | $78M | 0.8x | 0.8x | 6.9x | 6.8x | |||
| $691M | $124M | 0.1x | 0.1x | 0.7x | 1.0x | |||
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Common questions about Zumper
| When was Zumper founded? | Zumper was founded in 2012. |
| Where is Zumper headquartered? | Zumper is headquartered in San Francisco, CA, United States. |
| Is Zumper publicly listed? | No, Zumper is a private, VC-backed company. |
| What is Zumper's valuation? | Zumper was last valued at $500M in its Series D in January 2022. |
| How much funding has Zumper raised? | Zumper has raised $180M across 7 funding rounds. |
| What was Zumper's last funding round? | Zumper's last funding round was a $30M Series D in January 2022, led by Kleiner Perkins. |
| Who are Zumper's investors? | Zumper's investors include Kleiner Perkins, Goodwater Capital, Dawn Capital, Breyer Capital, Greycroft, Xfund, Headline, Scott Cook, Tony Jamous, Conviction VC and 11 others. |
| What is Zumper's revenue? | Zumper's latest recorded revenue is $5M (October 2016). |
| What is Zumper's revenue multiple? | Zumper's latest valuation implies a 20.0x revenue multiple ($100M valuation on $5M of revenue). |
| Which companies are comparable to Zumper? | Companies comparable to Zumper include eDreams ODIGEO, trivago, Hurb, Peek, On The Beach Group and Hipcamp. |
| How many companies has Zumper acquired? | Zumper has acquired 2 companies, including NowRenting and PadMapper. |
| What was the largest acquisition by Zumper? | The $10M acquisition of PadMapper in February 2016 is the largest acquisition Zumper has made to date. |
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