RadPad Raises $9M in Series A funding

What does RadPad do?

RadPad, is a mobile rental marketplace. This startup was founded when the founders were overwhelmed with frustration because of renting. This is a renter driven mobile market for Millennial renters which let users to search easily and find the real time supply of homes and apartments for rent. Users can now effortlessly apply for an apartment and get it and pay rent using their credit or debit card to any apartment owner. Since its launch in 2013, it RadPad has become the biggest rental market in the Los Angeles Metro Area. It has a local access to renting. It has growth teams in San Diego, Los Angeles, Miami, Chicago, Houston and Washington DC.

How much RadPad was funded?

RadPad raised $9M in Series A funding on April 22^nd, 2015 from Altpoint Ventures along with the participation of Goldcrest Investments.

Previous funding

$200k in Seed funding on May 30, 2013 from Tom McInerney, Amplify.LA and Chris Ovitz

$600k in Seed funding on November 6, 2013 from George Rose, Tom McInerney, Chris Ovitz, Amplify.LA, Social Leverage and Wavemaker Partners

$1M in Seed funding on March 18, 2014 from Brian Lee, Post Investment Group, Michael Huffington and Deep Fork Capital.

$2M in Undisclosed round on August 12, 2014 from Mike Jones, Happy Walters, Justin Fishner-Wolfson, Michael Huffington, QueensBridge Venture Partners and Social Leverage

What is next for RadPad?

RadPad has raised $13M in funding to date. The startup is going to continue its growth teams in more cities this year while investing heavily in growing their relationships with the listers.

More about RadPad

RadPad was founded on January 1^st, 2013 by Tim Watson,  Jonathan Eppers  and Tyler Galpin . It has its headquarters in Los Angeles, CA. This millennial focused mobile rental marketplace is available on website, Google Play and iTunes. Currently it is one of the largest rental search service across U.S. among the millennial renters.