Zeus Living set to cease operations
US: Mid-term housing rental and property management startup, Zeus Living, has reportedly told landlords this week that it is “winding down operations”, according to The Information.
Zeus Living secures $55m for flexible living model
US: Mid-term housing rental and property management startup, Zeus Living, has announced that it has raised $55 million in a funding round led by SIG. The likes of Initialized Capital, CEAS Investments, TI Platform, NFX, Opendoor’s Eric Wu and Miras also participated in the round, bringing the startup’s total amount raised to date to $125 […]
Zeus raises $15m, valuation drops by 50 per cent
US: Corporate housing provider Zeus Living, which received financial backing from Airbnb in December, has raised $15 million in equity and debt at a value of roughly $110 million from backers including CEAS Investments I, Initialized Capital Management and Soros Fund Management. As the coronavirus crisis continues to decimate the short-term lodging and travel industries, […]
Zeus Living joins growing list of companies to lay off staff
US: Furnished apartment provider Zeus Living has joined the growing list of companies in the real estate and travel sectors to lay off a significant portion of its staff. The firm, which provides furnished spaces for business travellers primarily, is laying off around 80 people from its workforce, which represents roughly 30 per cent of […]
Airbnb invests in Zeus Living’s $55m Series B round
US: Airbnb is making a strategic investment in the corporate housing space by contributing to Zeus Living’s $55 million Series B funding round. Also participating in the round was Comcast, CEAS Investments and TI Platform Management, as well as existing investors Alumni Ventures Group, Initialized Capital, NFX and Spike Ventures. The funding eventually came in […]
Zeus Living officially launches in New York
US: Furnished apartment provider Zeus Living, which aims to cater to the modern workforce, has launched in New York. The company, which already operates 1,600 homes in the San Francisco Bay Area, Los Angeles, Seattle, and Washington DC, offers professionals the freedom to live where opportunity takes them without sacrificing the ease and comfort of […]
Zeus raises $24m to fund expansion plans
US: Furnished housing for business provider Zeus has raised $24 million to fund its expansion in to the corporate housing market. San Francisco-based Zeus inspects, furnishes and rents private homes to business travellers. It has annual revenues of $45 million from renting out 900 homes in 23 US cities. The $24 million raise includes a […]