# Apartment Jet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apartment-jet

- Industry: Internet
- Headquarters: Chicago, US
- Website: http://www.apartmentjet.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Oct 25, 2017)
- Investors on record: 3

## About

Apartment Jet, Inc. is a technology-driven company that facilitates vacation rental bookings, providing users with an efficient platform to find and secure diverse accommodation options worldwide.Apartment Jet, Inc. operates in the vacation rental market, offering a platform for users to easily book accommodations. Founded in 2016, the company is headquartered in Chicago, US. In October 2018, Apartment Jet, Inc. was acquired by Expedia Group, with financial terms undisclosed. The company has successfully completed two deals to date, with the latest funding round being a SEED round where they raised USD 1.20 mn led by Network Ventures, along with other investors including Blue Tree Allied Angels and Fulcrum Investing.Apartment Jet, Inc. provides a comprehensive platform for vacation rentals, enabling users to search for accommodations like apartments, beach houses, and cabins. The platform tailors its offerings to meet various traveler needs, such as pet-friendly options, thus appealing to families and groups. Geographically, the company serves clients primarily within the United States and also reaches popular tourist destinations globally, including areas in Canada, Mexico, and Europe.The revenue model for Apartment Jet, Inc. is based on transaction fees and service charges collected from bookings made through its platform. When users book accommodations, a percentage of their total booking cost is charged as a service fee. Additionally, property owners may pay a listing fee or commission based on the bookings they receive, ensuring a direct revenue generation from travelers utilizing the service.Following their acquisition by Expedia Group on October 25, 2018, Apartment Jet, Inc. is expected to leverage resources to expand its product offerings and enhance user experience. Future plans may include launching new features aimed at improving customer engagement and expanding into additional markets. Specific geographic regions targeted for growth have not been disclosed, but the company aims to utilize its resources effectively to support these initiatives.

## Funding rounds

- Seed, Oct 25, 2017, $1.2M — Blue Tree Allied Angels, Network Ventures, Fulcrum Investing

## Investors

- Blue Tree Allied Angels — Seed
- Network Ventures (https://capitalatlas.ai/funds/network-ventures) — Seed
- Fulcrum Investing — Seed