Total amount raised
$48 Millions
Latest funding date
Location
Tripalink has successfully raised funds through multiple rounds, with the most recent being a Series B closed on March 15, 2022. The company has attracted notable investors, including Ying Fund and Altos Ventures, among others.
Keep reading to explore the intricacies of Tripalink's fundraising journey and the investors backing this innovative platform.
What Is Tripalink?
Founded in March 2016 by Donghao Li, Tripalink is a technology-driven residential brand based in Los Angeles, California. The company specializes in co-living and standard apartment rentals tailored for students and working professionals.
Operating in the real estate industry, Tripalink manages properties across various cities, including Los Angeles, Irvine, Seattle, Philadelphia, Pittsburgh, Tucson, Austin, Berkeley, and San Francisco. The company employs between 101 and 250 people, offering high-quality, affordable, and modernized living experiences through attentive services and an all-in-one technology platform.
How Much Funding Has Tripalink Raised?
- Pre-Seed Round
- Amount Raised: $3M
- Date: October 2018
- Lead Investors: K2VC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish initial operations and develop the technology platform.
- Seed Round
- Amount Raised: $5M
- Date: February 2019
- Lead Investors: Calin SJG Fund, L.P.
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand property management services and enhance the co-living experience.
- Series A
- Amount Raised: $10M
- Date: August 2019
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enter new markets.
- Series B
- Amount Raised: $30M
- Date: November 2021
- Lead Investors: Altos Ventures, Conductive Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel technology development and support growth initiatives.
- Series B
- Amount Raised: Not publicly disclosed
- Date: March 2022
- Lead Investors: Ying Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue expanding operations and enhance service offerings.
Total Amount Raised: $48M
Current Valuation: Not publicly disclosed
Key Investors
- Ying Fund
- Details: Ying Fund is a venture capital firm that invests in early-stage technology companies. They focus on supporting innovative startups with high growth potential.
- Investment Focus Areas: Technology, Healthcare, Consumer Products
- Notable Investments: Not publicly disclosed
- Altos Ventures
- Details: Altos Ventures is a venture capital firm based in Menlo Park, California. They specialize in early-stage investments and have a long history of supporting technology-driven companies.
- Investment Focus Areas: Software, Internet, Consumer
- Notable Investments: Roblox, Coupang, SendBird
- Conductive Ventures
- Details: Conductive Ventures is a venture capital firm that focuses on expansion-stage companies. They aim to support entrepreneurs in scaling their businesses to the next level.
- Investment Focus Areas: Enterprise Software, Hardware, Consumer
- Notable Investments: Ambiq, Desktop Metal, Sprinklr
- Calin SJG Fund, L.P.
- Details: Calin SJG Fund, L.P. is an investment firm that provides capital to early-stage companies. They focus on fostering growth and innovation in various sectors.
- Investment Focus Areas: Technology, Healthcare, Real Estate
- Notable Investments: Not publicly disclosed
- K2VC
- Details: K2VC is a venture capital firm that invests in early-stage technology startups. They are known for their hands-on approach in helping companies grow and succeed.
- Investment Focus Areas: Technology, Media, Telecommunications
- Notable Investments: Not publicly disclosed
What's Next for Tripalink?
Refusal: The user has requested information based on the source collections "pressLink1," "pressLink2," "pressLink3," "pressLink4," "pressLink5," and "PressLink6." However, none of these sources contain any specific information about Tripalink's opportunities, industry trends, growth opportunities, challenges, or future fundraising/acquisitions. Therefore, it is impossible to fulfill the user's request based on the provided sources.
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