US-based residential property management company Zeus Living has received $55m in a series C round led by quantitative trading firm Susquehanna International Group, TechCrunch has reported.
Initialized Capital, CEAS Investments, TI Platform NFX, Miras and private investor Eric Wu also took part in the round, which boosted the company’s total funding to $125m.
Zeus Living runs a network of furnished properties across the US that offer temporary accommodation in order to promote flexible living options.
Short-term accommodation portal Airbnb and mass media group Comcast took part in Zeus Living’s $55m series B round, in December 2019, at a $205m valuation. It was led by TI Platform Management and also featured Initialized Capital, NFX and Alumni Ventures Group.
The company’s $11.5m series A round was led by Initialized Capital in March 2019 and was closed along with $10m in debt financing. GV, a corporate venturing unit of internet and technology group Alphabet, had provided $3m in seed financing in 2016 alongside Initialized Capital, Floodgate and Bowery Capital.
