HomeSuite

HomeSuite
Type of site
Private
Founded 2014 (2014)
Headquarters San Francisco, California, United States
Key people David Adams, CEO
Industry Real Estate
Website yourhomesuite.com

HomeSuite is an online marketplace specializing in short-term, furnished rentals and corporate housing. Founded in 2014 in Palo Alto, California, HomeSuite’s online platform officially launched in January 2015.[1] HomeSuite brokers furnished rentals in San Francisco, Los Angeles, New York City, Chicago, and Washington, D.C.[2]

HomeSuite moved their operations to San Francisco, California, at the outset of 2016.[3]

History

Following a period of bootstrapped testing in 2014, founder and current CEO David Adams officially launched HomeSuite in January 2015 while also working on completing his MBA at the Stanford Graduate School of Business.[4] Initially serving the San Francisco Bay Area, the company expanded to Los Angeles in July 2015.[5] After successfully expanding to Los Angeles, HomeSuite announced plans to expand to the East Coast, and on September 8, 2015, HomeSuite launched in New York City.[6]

HomeSuite continued its growth in the East Coast by expanding to Washington D.C. on January 18, 2016.[7] Shortly afterwards, HomeSuite expanded their operations to the Midwest by launching in Chicago on February 23, 2016.[8] In April 2016, HomeSuite expanded to Boston.[9]

Corporate Information

HomeSuite specializes in short-term, monthly rentals and corporate housing with a curated and comprehensive list of furnished studios, apartments, condos, and single-family homes. As a licensed broker, HomeSuite operates between tenants and landlords and does not own any property.[10] To ensure product quality featured on the platform, HomeSuite interviews landlords to vet each unit prior to rental.[11]

Unlike other rental platforms like Airbnb, Craigslist, and HomeAway, HomeSuite is a licensed broker specializing in month-to-month furnished rentals and corporate housing in the real estate market, instead of vacation rentals. HomeSuite’s services provide a solution to people in need of a temporary furnished home.[12] As a result, HomeSuite has served customers in all different situations - interns, undergraduate and postgraduate students, homeowners awaiting remodeling, travel nurses, and business executives, among others.[13]

See also

References

  1. Russell, Kyle (11 June 2015). "HomeSuite Raises $2.3M to Provide Corporate Housing a Quarter at a Time". TechCrunch. Retrieved 5 January 2016.
  2. "Cities". HomeSuite. Retrieved 5 March 2016.
  3. "HomeSuite". Facebook. Retrieved 1 March 2016.
  4. Russell, Kyle (11 June 2015). "HomeSuite Raises $2.3M to Provide Corporate Housing a Quarter at a Time". TechCrunch. Retrieved 5 January 2016.
  5. Dave, Paresh (19 October 2015). "Venture capital investments hit $16.5 billion in quarter despite worrying trends". Los Angeles Times. Retrieved 19 February 2016.
  6. "Furnished Apartments In New York City Are Here!". HomeSuite. 28 September 2015. Retrieved 5 March 2016.
  7. "Washington D.C. Launch". HomeSuite. 18 January 2016. Retrieved 27 January 2016.
  8. "Chicago Launch". HomeSuite. 23 February 2016. Retrieved 27 January 2016.
  9. "HomeSuite Launches in Boston | Business Wire". www.businesswire.com. Retrieved 2016-07-05.
  10. Carson, Biz (11 June 2015). "Why this startup thinks it can take on Craigslist and Airbnb". Business Insider. Retrieved 5 January 2016.
  11. Kokalitcheva, Kia (17 June 2015). "This Apartment Rental Startup Can Help (or Hurt) San Francisco Housing". Fortune Magazine. Retrieved 4 February 2016.
  12. Agrawal, AJ (22 October 2015). "Housing: The Next On-Demand Market". Inc. Retrieved 5 January 2016.
  13. Sommerville, Heather (29 May 2015). "Palo Alto startup HomeSuite aims to overhaul rental market". San Jose Mercury News. Retrieved 19 February 2016.

External links

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