Tuesday, March 18, 2014

RadPad Raises $1M More For Rental App

Los Angeles-based RadPad, which develops a mobile app which helps connect renters and landlords, announced this morning that it has raised $1M in additional capital, from Deep Fork Capital, Post Investments, Michael Huffington, and Brian Lee (BAM Ventures & Honest Co.), along with others. According to RadPad, its app--which it bills "Craiglist meets Instagram"--has gathered 40 percent of Los Angeles millenials as users of the app. The company did not say how it arrived at that number. RadPad's mobile app and website offers up an interactive, visual app which shows off full screen photos of available rentals, mapped out on an interactive map. The startup is led by Jonathan Eppers. More information »

---