Flex rental company Landing, which offers a membership-based model for apartment rentals, raised $30 million in a Series A round, the company announced.
The San Francisco-based company raised $20 million in an equity round led by Greycroft, and secured a $10 million debt facility, bringing its total funding to $45 million.
Landing has a portfolio of roughly 300 furnished apartments, which are available to rent for 30 days or more, in nine cities. An annual membership allows members to conveniently move within the Landing network. “If you want to move to a different neighborhood or a new city or whatever, you can transfer anytime in three days notice,” founder and CEO Bill Smith told Commercial Observer.
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