Brooklyn rental and roommate startup Nooklyn raised $825,000 in a round of seed funding to move into Manhattan and become an end-to-end leasing platform.

Brooklyn rental and roommate startup Nooklyn raised $825,000 in a round of seed funding, the platform announced Friday.

Nooklyn lets users search available rooms, apartments and roommates in Brooklyn. Users can search for an available room in an apartment or match with potential roommates to try to find an apartment together.

“Our mission is to fix the experience of finding apartments,” CEO Harley Courts said in a statement. “We’ve found great people who share our mission and the desire to build a lasting company.”

The firm Patoma, which specializes in Brooklyn multi-family developments and some early-stage tech investments, led the seed round. Other real estate developers contributed to the investment, the startup said.

Nooklyn plans to use its seed funding to expand from Brooklyn into Manhattan and expand its engineering, design and data teams to turn its platform into an end-to-end leasing product. Right now, the platform offers Nooklyn Apply to apply for apartments; Nooklyn Pay, its payments platform; and Rooms & Mates, its roommate-finding social network. It’s also launching Nooklyn Stay, which lets residents pay rent online.

Nooklyn launched its current online platform in 2015 and says 49,000 renters use its platform every month. More than 250 agents work for Nooklyn, the startup says.

“We’ve spent the last two years building a digital leasing platform, now we’re going to start opening up the platform, so anyone can post an apartment or room and find renters or roommates,” Nooklyn Chief Financial Officer Moiz K. Malik said in a statement.

Email Emma Hinchliffe

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Last call: ticket prices for ICNY go up at midnight. Thousands of real estate pros will be there. You won't want to miss it!Register now×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription