Fundz

Myplace Raises $5.8M To Scale Its Private Home-Sharing Social Network

PRIVATEMar 03, 2022

Amount Raised

$5.8 Million

Round Type

Funding Round

New YorkCommunity And LifestyleTravel And Tourism

Description

New York-based MyPlace, a social network designed to help friends share their private homes, has raised $5.8 million in seed funding led by Freestyle Ventures. The platform was originally launched in 2019 by entrepreneurs Zach Bell and Rameet Chawla as a way for them to share their private homes with their friends. Since then, the platform has grown into a social network used by thousands of people in 86 countries.

Quick answer

My Place raised $5.8 Million in a Funding Round round, dated March 3, 2022. My Place is based in New York, United States.

How much did My Place raise?
My Place raised $5.8 Million in a Funding Round round on March 3, 2022.
What does My Place do?
Since then, the platform has grown into a social network used by thousands of people in 86 countries.
Where is My Place based and how big is it?
My Place is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Community And Lifestyle and Travel And Tourism around the same time

Companies in the same sectors as My Place that raised within 45 days of this round, from Fundz verified event records.

  • Mad Monkey raised $4.6M (Seed) on March 22, 2022.
  • NeighborSchools raised $5M (Funding Round) on April 12, 2022.
  • Convene raised an undisclosed amount (Corporate Round) on April 12, 2022.
  • Bandwango raised $4.6M (Seed) on April 8, 2022.
  • Trait Biosciences Inc. raised $210K (Series A) on April 6, 2022.
  • Fyto raised $18M on April 6, 2022.

Who to call at My Place, and when

A new round usually means My Place is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day My Place raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at My Place, from your own LinkedIn network

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Company Information

Company

My Place

Location

New York, United States

About

Since then, the platform has grown into a social network used by thousands of people in 86 countries. The platform has a running beta community of over 3,000 community members and a waitlist of over 7,500 people. Throughout 2021, the company saw organic user growth of 40% month-over-month. The platform also has private groups that users can invite each other to. Image Credits: MyPlaceChawla said the platform currently has two different demographics. Bell notes that MyPlace is for sharing private spaces with friends or friends of friends, whereas short-term rental services are dedicated to renting out spaces for profit.

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My Place raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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