Bungalow operates a co-living real estate platform providing beautiful homes with great roommates, paired with a seamless digital-first experience for early career professionals. The company takes care of everything from matching great roommates and furnishing a home’s common areas to streamlining rent and utilities payments and handling service requests, removing friction from the rental experience.
In addition, Bungalow helps its residents create a community through its network. Bungalow is able to offer rooms in the most desirable neighborhoods by working directly with homeowners who are looking for a guaranteed income stream but don’t want to sell their homes.
The company currently has more than 3,000 housemates in hundreds of homes across 16 markets.
In August 2021, Bungalow raised $75M in Series C funding, led by Deer Park Road, with participation from existing investors including, Atomic, Founders Fund, Coatue and Khosla Ventures, bringing the company’s total funding to date to over $150 million.
Founded in 2017, Bungalow was inspired by the difficulties facing renters in search of affordable living and a sense of community. CEO Andrew Collins, along with his COO and co-founder, Justin McCarty, identified a gap in the residential real estate market and seized the opportunity to create accessible rental options for people looking to move to new cities without an established personal network.
Healthcare, vision and dental insurance. Generous time off to relax and recharge, beautiful offices, commuter benefits, team happy hours and continuous learning!
Updated August 24, 2021