2nd Address is an online marketplace specializing in monthly furnished rentals and corporate housing. Founded in 2014 in Palo Alto, California, 2nd Address' online platform officially launched in January 2015. 2ndAddress brokers furnished rentals in San Francisco, Los Angeles, New York City, Chicago, Boston, Seattle, and Washington, D.C.
2nd Address moved their operations to San Francisco, California, at the outset of 2016.
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History
Following a period of bootstrapped testing in 2014, founder and former CEO David Adams officially launched HomeSuite in January 2015 while also working on completing his MBA at the Stanford Graduate School of Business. Initially serving the San Francisco Bay Area, the company expanded to Los Angeles in July 2015. In June 2015, HomeSuite raised 2.3 Million seed funding from Battery Ventures and Bessemer Venture Partners and, subsequent to that, $10M in August 2015 from Foundation Capital. After successfully expanding to Los Angeles, HomeSuite announced plans to expand to the East Coast, and on September 8, 2015, HomeSuite launched in New York City.
HomeSuite continued its growth in the East Coast by expanding to Washington D.C. on January 18, 2016. Shortly afterwards, HomeSuite expanded their operations to the Midwest by launching in Chicago on February 23, 2016. In April 2016, HomeSuite expanded to Boston.. On November 15, 2017, HomeSuite rebranded as 2nd Address. .
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Corporate Information
2nd Address specializes in monthly furnished rentals and corporate housing with a curated and comprehensive list of furnished studios, apartments, condos, and single-family homes. As a licensed broker, 2nd Address operates between tenants and landlords and does not own any property. To ensure product quality featured on the platform, 2nd Address interviews landlords to vet each unit prior to rental.
Unlike other rental platforms like Airbnb, Craigslist, and HomeAway, 2nd Address is a licensed broker specializing in month-to-month furnished rentals and corporate housing in the real estate market, instead of vacation rentals. 2nd Address services provide a solution to people in need of a temporary furnished home. As a result, 2nd Address has served customers in all different situations - interns, undergraduate and postgraduate students, homeowners awaiting remodeling, travel nurses, and business executives, among others.
Source of the article : Wikipedia
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