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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.
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.
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.
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.
| 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
|