Watch out Craigslist, Apartment List is profitable and just raised $15M

Apartment List is barely 2 years old, but, according to co-founder and CEO John Kobs, has more inventory in 72 of the 100 largest U.S. markets than any of its competitors.

The San Francisco-based startup just raised $15 million in a fundraising round led by Matrix Partners, Pando Daily reports. Matrix’s Jared Fliesler and Dana Stalder get seats on the Apartment List board. Negotiations with additional investors are underway. Source: pandodaily.com