|Terms||Cash and Stock|
|Description||Apartment rental site|
|Series A, 3/06 |
United Dominion Realty Trust
Essex Property Trust
Marcus & Millichap Venture Partners
|Series B, 9/06 |
Sutter Hill Ventures
Split Rock Partners
MyNewPlace is the 3rd largest apartment rental site in the U.S. and the fastest growing apartment site, according to Compete, Inc.
The site offers $100 cash back when users sign a lease at participating properties and identify MyNewPlace as the referral source. Users can use advanced mapping to pinpoint their search and apply a number of filters, such as rent range, number of bedrooms and bathrooms, and various amenities.
The company’s venture backers include Sutter Hill, Trinity Ventures, and Split Rock Ventures.