ApartmentJet

Chicago, United States Founded: 2016 • Age: 10 yrs Acquired By Expedia
Short-term rental properties are managed through an online platform.

About ApartmentJet

ApartmentJet is a Technology company based in Chicago (United States) founded in 2016, and was acquired by Expedia in October 2018. Short-term rental properties are managed through an online platform. It operates in the Technology and Travel & Hospitality sectors. ApartmentJet has raised $914.98 thousand across 1 funding round from investors including Expedia Group, Network Ventures and Fulcrum Investing. Its focus areas include Travel and Hospitality Tech, Hotel IT, Diversified and Vacation Rental. Its competitors include CloudBeds, Guesty and StayNTouch; 3 of its 3 listed competitors have raised funding.

Company details

ApartmentJet provides an online platform for property management of short-term rentals. Customers can list apartments, manage content, communicate with guests and monitor performance of units. The platform is integrated with a screening solution which performs a background check and automatically responds to a booking request. It also provides an insurance cover through a partner for damage and liability. As of Oct 2017, it charges 10 of fee per stay.

Key Metrics
  • Total Equity Funding
    $914.98K (USD)

    in 1 rounds

  • Latest Funding Round
    $914.98K (USD), Seed

    Nov 2017

  • Investors
  • Acquired by
    Expedia

    (Oct 2018)

Funding Insights of ApartmentJet

ApartmentJet has successfully raised a total of $914.98K through 1 strategic funding round. The most recent funding activity was a Seed round of $914.98 thousand completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $914,977
  • Total Rounds 1
  • Last Round Seed β€” $914,977
  • First Round $914,977

    (Nov 2017)

  • Investors Count 3

All 1 funding rounds of ApartmentJet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2017$914,977Seed–Network Ventures
Valuation history

4 investors in total: 4 institutional.

Investors in ApartmentJet

ApartmentJet has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Expedia Group, Network Ventures and Fulcrum Investing.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
fulcruminvesting.com
networkventures.vc
bluetreeventurefund.com
Travel services are booked via an online platform by users.
1994expediagroup.comSeattle, United States
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Investor details for ApartmentJet

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Timeline of ApartmentJet

3 dated milestones of ApartmentJet across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded ApartmentJet is founded.
  2. Funding First funding round of $915K.
  3. Exit Acquired by Expedia.

Competitors of ApartmentJet

ApartmentJet has 3 listed competitors in our database, 3 of them funded. They include CloudBeds, Guesty and StayNTouch.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cloudbeds.com2012San Diego, United States$246.94M172
Browser-based software solutions for hotels and other accomodations
guesty.com2013Walnut, United States$409.25M
Cloud-based software is provided for vacation rental management and synchronization.
stayntouch.com2012Bethesda, United States$60.8M69
Property management software is delivered through a SaaS platform.
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Detailed competitors of ApartmentJet

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Verified entity values are shown only after access is granted.

Top companies in Enterprise Resource Planning

3 companies that operate in the same segment as ApartmentJet (Enterprise Resource Planning) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B21,000
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Cloud-based ERP software is provided for automotive and manufacturing sectors.
1972Austin, Texas, United StatesUSD 229.28 M834
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Related news about Apartmentjet

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Frequently Asked Questions about ApartmentJet

ApartmentJet was founded in 2016 and raised its 1st funding round 1 year after it was founded.

ApartmentJet is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

ApartmentJet is a funded company, having raised a total of $914.98K across 1 funding round to date. The company's 1st funding round was a Seed of $914.98K, raised on Nov 2017.

ApartmentJet provides an online platform for property management of short-term rentals. Customers can list apartments, manage content, communicate with guests and monitor performance of units. The platform is integrated with a screening solution which performs a background check and automatically responds to a booking request. It also provides an insurance cover through a partner for damage and liability. As of Oct 2017, it charges 10 of fee per stay.

ApartmentJet's top competitors include Guesty, CloudBeds and StayNTouch.

ApartmentJet has 4 investors. Key investors include Expedia Group, Network Ventures, Fulcrum Investing, and BlueTree Venture Fund.

Yes. ApartmentJet was acquired by Expedia in October 2018.

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