TechCrunch : For years you’ve been able to find a room to rent online via classified sites such as Craigslist or more vertical offerings. But once you’ve found your prospective rental, the process quickly moves off-line. Nestpick — backed, though not founded, by Rocket Internet — wants to change this.
The Berlin-based startup is aiming to ‘digitise’ the entire rental process, including eliminating the need for in-person viewings. And to aid that mission, the company has raised $11 million in Series A funding. Investors is this round include Mangrove Capital Partners, Enern and, of course, Rocket Internet.
Nestpick says the new capital will be used to create a better experience for the landlords and tenants that used the site, which since launch has broadened its target market from international students and expats to just about anybody looking for a rental. It now counts local tenants as making up over 30 per cent of its customer base.
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