09 December 2019:
Zeus Living has raised $55 million in Series B round of funding. The funding round was led by TI Platform Management. Airbnb, NFX, Spike Ventures, CEAS Investments, Comcast, and existing investor, Initialized Capital also participated in the funding round.
The company will use the fresh capital to grow it’s portfolio of homes, expand into new cities, lean into it’s technology to improve the experience.
Airbnb will list Zeus Living properties on its site in exchange for part ownership in the rapidly growing disruptor.
Kulveer Taggart, CEO, Zeus Living, said, “We have great alignment with the Airbnb team in terms of serving the changing needs of business travelers that want the comforts of home when traveling for extended 30-day stays for work or a project.”
James Currier, Managing Partner at NFX, said, “As the first investor in Zeus, we’re thrilled to see the team go from idea to series B. Residential real estate is one of the world’s largest markets. And by addressing all sides of the housing marketplace—tied in with software—Zeus is positioning itself for strong network effects and defensibility.”
Zeus Living stocks home care essentials, provides basic amenities, and sets up utilities so that visitors can plug in immediately upon arrival. The platform also allows users to sign leases and pay rent using credit cards or bank transfers.
(Image – Zeus Living)