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FlutterPads Inc
At Home Everywhere!
Los Angeles, United States

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B2C $15M 2-50 Members
Segment Seeking Team

Social Networks:

industry:
  • Real Estate
  • Hospitality and travel

Advisors:

Location:
1801 Century Park East, 1801 Century Park E, Los Angeles, California 90067, United States
company information
Active
  • Company Of Incorporation
  • 2023 founded
  • Structure
  • C-Corporation
  • Location
  • Los Angeles , United States
Team

Forged by grizzled industry-veterans with over 120 years of combined experience in Real Estate Development, Finance, Technology, and Hospitality, our team is focused on market

dominance and FlutterPads brand recognition.

Market opportunity

Extended-Stay rentals account for 3%-5% of the entire US Rental Market and exceeds $200B in just our 25 target markets. Between 21%-24% of AirBnB’s gross

booking revenues originated from extended-stays since 2019. Around 27% of total US workforce is now digital, and 16% of all US companies have gone fully remote. Short-Term Rental Platforms that are used by Extended-Stay seekers are reaping a 19.1% CAGR due to rising global mobility trends.

Problem

Existing lodging options for Extended-Stay travelers are limited to the undesirable options of poorly located low quality hotels/motels, exorbitantly expensive vacation rentals, or highly restrictive long-term leases with large security deposits and penalties. Worsening the problem are issues of unreliable quality, fraudulent property listings, and intra-network demand cannibalization occurring in existing rental marketplaces resulting in further decline in consumer experience and trust in the temporary lodging industry.

Solution

FluterPads' AI-driven marketplace provides fully vetted, affordable, flexible term rentals in prime metro areas, listing its own corporate properties alongside other qualified properties of external hosts, ensuring uniform quality standards and dynamic pricing. Actively modulated supply and demand optimizes occupancy rates and prevents intra-network competition, harboring an equitable, sustainable, and quality controlled platform that garners trust and loyalty. Our in-house branded properties being on the platform demonstrates to the market that FlutterPads means reliability, quality, and trust for all.

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$54,00,000
total amount raised
4
total amount raised
16
total amount of investors
Amount raised funding type funding round closing investors
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
$70,000,000 Series B 25 Feb, 2021
Greylock Partner
Greylock Partner
Greylock Partner
Technologies
AI And Machine Learning
Analytics And Big Data
Mobile
Platform (Enterprise / Consumer)
VR And AR
Videos
Pitch Deck / Presentation(s):
...
FlutterPads-Investor-Deck-Q1-2024-1.pdf
2024-04-10 01:47:05
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