Cozy Raises $8.45M in Funding

Funding Rounds

Summary

Cozy, a Portland, OR-based service for independent landlords and renters, raised $8.45m in funding.The round was led by American Family Ventures, with participation from existing investors Social Capital and General Catalyst.The company intends to use the funds to expand the scope of its offerings, and to build out key new areas.Led by Gino Zahnd, CEO and co-founder, Cozy provides a tech platform that allows renters to provide private financial and personal identification details for independent verification without sharing them directly with prospective property managers.The company, whose service is available in all 50 states plus Puerto Rico, now serves more than 100,000 property managers and renters.

$ Funding

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Amount $8.5M Total raised
Date August 30, 2016 Announcement date
Investors Cozy Services, Social Capital, IT-Farm, Galvanize, American Family Ventures, General Catalyst, Seven Peaks Ventures Lead investors
Company http://www.cozy.co Funded company

Classifications

industries
Hospitality
applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS Property Management Software Real Estate Technology

Linked Companies

Cozy
$5M to $10M