2nd Address operates an Airbnb-style marketplace focused on business travelers seeking month-plus furnished rentals as an alternative to hotels. Its footprint covers the Bay Area, Los Angeles, New York City, Chicago and Washington, DC, and the company works with roughly 650 hosts offering about 3,200 listings. The startup says properties on its platform are typically about 40% cheaper per night than business or extended-stay hotels. Corporate customers include the Chan Zuckerberg Initiative, Google, SAP, Deloitte, KLM and several universities. 2nd Address plans to use new funding to improve its technology, add host tools and analytics, expand integrations with corporate booking tools like Concur, and roll out reporting and billing services. The company shifted from a consumer relocation focus (formerly HomeSuite) to business travel in 2017 and has raised $42 million to date.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2019