Comfy operates a student rental marketplace and developed Unbill, a mobile app that automates bill payment and splitting for roommates and individuals. Unbill launched in March and has been rolled out initially in Austin, showing steady early traction. The product automates payments across utilities, cell phones and rent, and allows payments by credit or debit card without logging into websites. Comfy plans to use the new funding to grow its team and enhance the Unbill product. The company reported rapid user growth: Unbill’s customer base grew 200% in July 2015 with similar projections for August 2015, and the team says customer retention is extremely high. Comfy also announced a strategic partnership with Conservice to integrate utility management capabilities with Unbill. Comfy operates a mobile and web rental marketplace that uses a proprietary algorithm and integrated reviews to match college and university students with landlords and property managers. The platform guarantees a 24-hour response to student inquiries and aims to improve response rates compared with other sites. Comfy offers Android and iOS mobile-responsive sites and an iPhone app to drive adoption and engagement. Before this raise, the company focused 10 months on a single market and achieved roughly 30% penetration in a location with 50,000+ university students and two universities; site traffic tripled in March after expansion began. The startup plans to use the seed capital to continue innovating in the student housing market and to scale into select geographic markets. The company is based in Austin, Texas.

Total raised

$2M

Funding rounds

2

Latest round

Series A

Latest activity

Sep 2015