- Zeus Living, a company that offers furnished homes for modern professionals, announced that it raised $55 million in Series B funding
ZeusLiving — the company that provides furnished homes for modern professionals — announced that it raised $55 million in Series B funding from Airbnb, Comcast, CEAS Investments, and TI Platform Management along with existing investors Alumni Ventures Group, Initialized Capital, NFX, and Spike Ventures.
“We make it easy for people to live where opportunity takes them, whether that means moving cities or halfway across the world,” said Kulveer Taggar, CEO and Co-Founder at Zeus. “But finding housing is stressful and time-consuming for both individuals and employers. As someone who has moved countries four times, I’ve lived through that tension. Zeus Living has built technology to remove complexity from housing, turning it into a service that enables a more mobile world. This new funding enables us to advance this mission on a larger scale.”
Ever since Zeus launched in 2015, it has grown to more than 2,000 homes across the San Francisco Bay Area, Los Angeles, New York, Seattle, and Washington, D.C. And on a year-over-year basis, the company’s portfolio of homes has grown 300%.
With this round of funding, Zeus plans to continue expanding in major metropolitan areas in the U.S. and globally. Plus the company is going to deepen its tech-led approach to the sourcing, pricing, and management of its homes. And the company’s technology enables Zeus to individuals and enterprise clients — which include Brex, Disney, ServiceTitan, and Samsara — modern, affordable extended-stay housing tailored to the needs of business travelers.
“Modern professionals travel more frequently, stay longer, and seek accommodations that feel like home. As more companies look to Airbnb for Work for extended-stay and relocation solutions, this segment remains a key focus for Airbnb,” added David Holyoke, Global Head of Airbnb For Work. “Zeus Living delivers an exceptional guest experience at affordable prices in key cities, and we are excited to invest in them to accelerate their growth.”
Zeus’s average resident stay is three months and many residents have lived with Zeus for six months or longer. And every element of the Zeus experience was built to ease the discomfort of being away from home for extended periods of time.
Residents can choose from multi-family and single-family homes in a variety of neighborhoods each with functional work areas and high-speed Internet from Comcast.
Zeus homes feature handpicked furnishings, amenities, and home essentials from brands like Article, Helix Sleep, and Public Goods. And residents have 24-hour access to the company’s on-the-ground resident experience teams.
“As professionals, we all navigate the delicate balance between our professional and personal lives. Our investments in Zeus Living are rooted in so much more than just comfortable housing, but in its potential to help people pursue opportunity without compromising the other parts of their lives,” explained Garry Tan, co-founder and managing partner of Initialized Capital and Zeus board member.
