Landing
17 20th St N, Suite 100, Birmingham, Alabama, 35203, United States
Overview
Landing operates an industry-first membership model that provides members access to a nationwide network of move-in-ready, furnished apartments with on-call concierge services and two-week notice mobility. The company offers all-inclusive monthly leases and a curated living experience across more than 375 U.S. cities. As of the article, Landing lists over 20,000 available apartments and members have spent over 2.4 million nights in Landing units. The business reported a 380% membership increase year-over-year and a 230% increase in reservations booked directly on its platform, indicating strong demand. Landing plans to use new capital to continue expanding its apartment network to meet growing consumer interest in flexible living. The company was founded in 2019 by Bill Smith and markets its offering as an alternative to traditional, rigid renting models. Landing operates a membership for flexible, long-term living that gives members access to a network of fully-finished urban apartments including studios, one- and two-bedroom units. Apartments come with an on-call concierge service and additional building amenities. The company markets a network model rather than individual leases, with units available in 75 major U.S. markets and growing. Landing was founded in 2019 by Bill Smith, who serves as CEO, and is based in San Francisco. The company says it will use new funding to continue expanding its apartment network into new markets across the country. Its current financing includes both equity and debt components totaling $100M. Landing operates a network of finished urban apartments accessible via a flexible leasing membership, offering studios, one- and two-bedroom units with bespoke furniture, kitchens stocked with essentials and an on-call concierge service. Founded in 2019 by CEO Bill Smith and based in San Francisco, Landing currently has apartments in Austin, Birmingham, Boston, Chicago, Los Angeles, Nashville, New York City, the San Francisco Bay Area and Washington, D.C. The company plans to expand to additional U.S. markets and beyond and aims to be in 30 cities by the end of 2020. Landing has raised $45M in total funding to date. The recent financing will be used to continue its geographic expansion. The business centers on simplifying long-term living through finished, all-inclusive units and concierge services.
- Total raised
- $255M
- Funding rounds
- 6
- Latest round
- Series C
- Latest activity
- Aug 2022
Industries
- Real Estate
- Rental
- Rental Property
- Residential
Recent funding
Series C
Aug 2022
$125M
Debt Financing
Jan 2021
$55M
Debt Financing
Feb 2020
$10M