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VeryApt provides a data-driven concierge rental platform, offering personalized apartment recommendations through an intelligent search algorithm. The company leverages an extensive database and user reviews to match renters with ideal living spaces, streamlining the search process. This technical approach integrates detailed filters with a user-friendly interface and a dedicated concierge service, facilitating apartment discovery and tour scheduling.
The company was co-founded by Ashrit Kamireddi, Scott Bierbryer, and Andrew Mackowski, who collectively hold degrees from institutions such as Princeton, Wharton, Johns Hopkins, and Cornell. They established VeryApt in 2013, driven by the insight that granular details significantly impact apartment satisfaction and that the frustrations of apartment hunting could be alleviated through personalized recommendations based on real user feedback.
VeryApt serves individual renters, while also partnering with graduate school programs and major employers to create customized housing guides for their incoming students and employees. Its mission is to eliminate the stress and guesswork from apartment searching, ensuring that newcomers and all renters can confidently find a place that truly feels like home.
VeryApt has raised $1.0M across 1 funding round.
VeryApt has raised $1.0M in total across 1 funding round.
VeryApt has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in January 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2016 | $1M Seed | — | Bass Investment, Great Oaks Venture Capital, IVP | Announced |
VeryApt is a national real estate technology company that specializes in simplifying the apartment search process for renters through personalized recommendations and access to authentic renter reviews. Its platform serves primarily university students and employees relocating for work, helping them find apartments that truly feel like home by focusing on the small but important details such as amenities, neighborhood vibe, and proximity to work or school. VeryApt’s service covers the entire journey from search to move-in, aiming to reduce the stress and guesswork typically involved in apartment hunting[1][4][5].
Founded in 2014 and headquartered in Philadelphia, Pennsylvania, VeryApt was created by co-founders Scott and Andrew Mackowski. Scott holds a Political Science degree from Johns Hopkins University and an MBA from Wharton, while Andrew has a B.S.E. from Princeton and a Ph.D. in engineering from Cornell. The idea emerged from recognizing that the small, often overlooked aspects of an apartment—like a friendly doorman or nearby favorite eateries—are crucial to renters’ satisfaction. Early traction came from building a technology-driven platform that delivers personalized apartment recommendations based on real user reviews and preferences, which helped differentiate VeryApt in a crowded rental market[1][4][6].
VeryApt rides the growing trend of technology-driven personalization in real estate, particularly in the rental market where consumers increasingly demand tailored experiences and trustworthy information. The timing is favorable due to rising urbanization, increased rental demand among younger demographics, and the digital transformation of property search processes. By focusing on user-generated content and intelligent matching, VeryApt addresses the market’s need for transparency and efficiency, influencing how renters and landlords interact and setting higher expectations for apartment search platforms[1][3][4].
Looking ahead, VeryApt is positioned to expand its footprint in major U.S. cities and deepen partnerships with universities and employers to capture more of the relocating renter market. Trends such as increased remote work and mobility will likely increase demand for flexible, personalized rental solutions, which VeryApt’s platform is well-suited to serve. Its continued focus on authentic reviews and intelligent recommendations could further differentiate it from larger competitors, potentially enabling growth in user base and revenue. The company’s challenge will be scaling its technology and network while maintaining the quality and trustworthiness of its community-driven content[1][4][5].
VeryApt has raised $1.0M in total across 1 funding round.
VeryApt's investors include BASS Investment, Great Oaks Venture Capital, IVP.
