Apartment List was founded in 2009 by Chris Erickson, Chris Herndon, and John Kobs. Following a 2020 fundraising round, Kobs told Bloomberg that a public listing was a distinct possibility, adding that "being public has always been a goal of mine."

Apartment List is an apartment rental discovery platform. The company uses a brief questionnaire to match users with listings that fit their preferences and financial profile. Apartment List only collects a fee for listings that result in a transaction. Between 2013 and 2022, the company acquired Rent Advisor, Maguire & Fish, and Diffe.rent. Apartment List has raised more than $165 million in venture capital funding from investors including Tenaya Capital, Quantum Partners, Janus Henderson Investors, Canaan Partners, and Allen & Company. Apartment List was valued at $600 million following a $50 million fundraise in 2020.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Will Apartment List go IPO?

Apartment List has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Apartment List’s IPO price?

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When was Apartment List founded?

Apartment List was founded in 2008.

What is Apartment List funding to date?

Apartment List has raised $342.98MM to date.

Who are Apartment List’s major investors?

Western Technology Investment
Tenaya Capital
Allen & Company
Durable Capital Partners
Industry Ventures
Matrix Partners
Passport Capital
Canaan Partners
Glynn Capital
Plus Capital
Quiet Capital
Quantum Venture Partners
Mastry
CSC UpShot Ventures
Nimble Ventures

Apartment List Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
01/27/2021 Series D $60MM $xx.xx $604.32MM Allen & Company, Canaan Partners, Janus Henderson Investors, Quantum Partners, Tenaya Capital
Price per Share
$xx.xx
Shares Outstanding
16,424,856
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allen & Company, Canaan Partners, Janus Henderson Investors, Quantum Partners, Tenaya Capital
01/18/2018 Series C $50MM $xx.xx $301.12MM Allen & Company, Canaan Partners, Industry Ventures, Matrix Partners, Passport Capital, Quantum Partners
Price per Share
$xx.xx
Shares Outstanding
23,225,566
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allen & Company, Canaan Partners, Industry Ventures, Matrix Partners, Passport Capital, Quantum Partners
11/03/2016 Series B $30MM $xx.xx $136.22MM Canaan Partners, Glynn Capital, Matrix Partners
Price per Share
$xx.xx
Shares Outstanding
24,467,824
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Canaan Partners, Glynn Capital, Matrix Partners
12/19/2013 Series A-2 $6MM $xx.xx $87.76MM Glynn Capital Management, Passport Capital
Price per Share
$xx.xx
Shares Outstanding
5,769,209
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Glynn Capital Management, Passport Capital
11/20/2013 Series A-1 $23.35MM $xx.xx $77.29MM John Burbank, Matrix Partners, Nimble Ventures, Yan-David Erlich
Price per Share
$xx.xx
Shares Outstanding
27,509,418
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
John Burbank, Matrix Partners, Nimble Ventures, Yan-David Erlich
12/01/2010 Series Seed-3 $1.31MM $xx.xx $30.26MM Denis Grosz, Scott Ingraham
Price per Share
$xx.xx
Shares Outstanding
1,540,868
Liquidation Pref Order
1
Liquidation Pref As Multiplier
4.4x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Denis Grosz, Scott Ingraham
10/01/2009 Series Seed-1 $383,052.00 $xx.xx $8.15MM Ariel Poler, Bradford Stroh
Price per Share
$xx.xx
Shares Outstanding
5,334,987
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ariel Poler, Bradford Stroh
10/01/2009 Series Seed-2 $450,050.00 $xx.xx $8.15MM Ariel Poler, Bradford Stroh
Price per Share
$xx.xx
Shares Outstanding
2,036,424
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ariel Poler, Bradford Stroh
Updated on: Dec 23, 2024

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