Zumper

Zumper

Making renting an apartment as easy as booking a hotel.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD20192023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Zumper
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Zumper.com is an online platform that operates in the real estate market, specifically in the rental sector. It serves a broad range of clients, including renters looking for houses, rooms, condos, or apartments, as well as landlords, agents, and multifamily professionals. The platform is particularly popular in major cities across North America, such as New York City, Los Angeles, San Francisco, Chicago, Houston, Boston, Austin, Denver, Atlanta, Dallas, Toronto, Ottawa, Montreal, and Vancouver.

Zumper's business model is centered around simplifying the rental process. For renters, it offers real-time updates on available properties, allowing users to filter by location, price range, bedroom count, pet-friendliness, and amenities. It also provides a service for submitting digital rental applications and credit reports, powered by TransUnion™, a major credit reporting agency. This means renters can apply for a property instantly, without the need for physical paperwork.

For landlords and agents, Zumper offers free leasing tools to manage rentals and advertising solutions to optimize leasing success. This means they can reach a wider audience and fill vacancies faster, increasing their revenue.

Zumper makes money primarily through its advertising services, charging landlords and agents to promote their properties on the platform. It also likely generates revenue from its partnership with TransUnion™, possibly receiving a commission for each credit report processed through its platform.

Keywords: Real Estate, Rental Platform, Renters, Landlords, Agents, Digital Applications, Credit Reports, Advertising, Leasing Tools, Real-Time Updates.

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Investments by Zumper

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PadMapper
ACQUISITION by Zumper Feb 2016
NowRenting
ACQUISITION by Zumper Sep 2019