Industry NewsNews Brief

‘Social home exchange’ CasaHop lands $1.2M in funding

Airbnb competitor more about connecting friends than renting
Published on Jun 27, 2012

Hacker Connect January 16 in New York
An event for and by the real estate tech community

CasaHop, a startup that uses social media sites to match users who are willing to host friends in their homes, has raised $1.2 million in financing led by First Round Capital.

The self-described "social home exchange," which soft-launched in February, is less about monetizing a home by renting it out (think Airbnb) and more about connecting with friends and having them stay over, CEO Paul Berry told GigaOM.