Funding of $2,3 million was raised by HomeSuite, a startup that focuses on finding furnished and corporate housing for users, who typically sign up for leases of four to five months.
Therefore, it provides an easy way to stay somewhere nice for the duration of their visit or acclimation to a new city. As for the way that HomeSuite makes money, its from a user committing to a unit. When a person agrees to sign a lease, the startup takes a percentage of the first payment ranging from 5 to 10%.
At the funding process, Battery Ventures, Foundation Capital and Bessemer participated.
