# Tripalink

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tripalink

- Industry: Consumer Services
- Headquarters: Los Angeles, US
- Website: www.tripalink.com
- Total disclosed funding: $31M
- Latest round: Series B (Sep 13, 2021)
- Investors on record: 9

## About

Tripalink Corp. specializes in providing affordable apartment and student housing rentals aimed at university students and young professionals in urban locations. The company focuses on enhancing community living experiences through well-designed shared spaces.Founded in 2016, Tripalink Corp. is focused on offering innovative housing solutions for university students and young professionals. Headquartered in Los Angeles, US, the company has successfully completed 5 deals, with their latest funding round being a Series B raising USD 18.00 mn on September 13, 2021, led by investors including Altos Ventures and K2VC. CEO Donghao Li, the founder, has played a significant role in driving the company's strategic direction since inception.Tripalink offers affordable apartment and student housing rentals primarily targeting university students and young professionals in urban areas. Their core product suite consists of fully furnished apartments and shared homes, featuring private bedrooms and communal living spaces designed to foster community interaction. The company provides flexible leasing options, allowing clients to choose between short-term and long-term agreements to accommodate various lifestyle needs. Tripalink’s services extend beyond mere housing to include curated community events, maintenance support, and advanced security options like smart locks and keyless entry. Their properties are strategically located in cities including Los Angeles, Pittsburgh, Seattle, Irvine, Tucson, Chicago, the Bay Area, Berkeley, Washington, D.C., and Rochester, catering to a diverse clientele.Tripalink generates revenue through rental agreements facilitated via online platforms, engaging directly with customers seeking housing solutions. The company operates on a B2C model, allowing clients to browse listings, schedule tours, and complete applications through their digital portal. Revenue is derived from leasing fully furnished apartments and shared housing arrangements, which are available at various price points reflecting the amenities and locations offered. Rental structures typically require tenants to pay monthly rent, processed easily through Tripalink’s online payment system.In September 2021, Tripalink Corp. raised USD 18.00 mn in a Series B funding round, which included venture debt financing. The company plans to utilize this funding to enhance its technology ecosystem and accelerate its geographic expansion into new markets. Specific future plans include targeting additional urban areas to increase their footprint in the housing market.

## Funding rounds

- Series B, Sep 13, 2021, $18M — Altos Ventures, Preferred Bank, Tekton Ventures, K2VC, Oriza Ventures, UpHonest Capital, Assurant Growth Investing, Conductive Ventures, Calin SJG Fund
- Series B, Aug 7, 2019, $7.9M — Tekton Ventures, K2VC, Oriza Ventures, Calin SJG Fund
- Series A, Feb 22, 2019, $3M — Tekton Ventures, K2VC, Calin SJG Fund
- Seed, Oct 1, 2018, $1.6M — K2VC, UpHonest Capital

## Investors

- K2VC (https://capitalatlas.ai/funds/k2vc) — Seed, Series A, Series B
- UpHonest Capital (https://capitalatlas.ai/funds/uphonest-capital) — Seed, Series B
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Series A, Series B
- Calin SJG Fund — Series A, Series B
- Oriza Ventures (https://capitalatlas.ai/funds/oriza-ventures) — Series B
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series B
- Preferred Bank — Series B
- Assurant Growth Investing (https://capitalatlas.ai/funds/assurant-growth-investing) — Series B
- Conductive Ventures (https://capitalatlas.ai/funds/conductive-ventures) — Series B