San Francisco-based Zumper, a rental listing site, has acquired competitor PadMapper, a move that will further grow its millennial-centric user base and expand its coverage to Canada. PadMapper will operate as a subsidiary of Zumper and PadMapper's CEO, Eric DeMenthon, and chief technology officer (CTO), Rob Cromwell, will join Zumper. Other terms of the acquisition were not disclosed. Zumper, which has raised $20.2 million in funding to date, says the acquisition will position Zumper as the "fifth most trafficked rental platform" and that Zumper and PadMapper received a combined 4 million visits in January. Some of the most popular rental websites include Apartments.com, Apartment Guide and ForRent.com. Zillow recently bought what it said is the biggest New York City ...
- Agents and landlords can list rental properties for free on both sites. Zumper offers free rental applicant screening.
Hacker Connect January 16 in New York
An event for and by the real estate tech community