ABODO Raises $4.8M in Funding

Abodo-logoABODO recently announced a $4.8 million round of funding.

The Madison-based startup is the creator of a popular software used by renters to locate apartments. Their service is already offered in 30 cities across the US, and they plan to use the funding to double that number by the end of 2017. In addition, the funding round led by 4490 Ventures will allow ABODO to move to bigger offices to accommodate their growing company.

With over 500,000 users per month, ABODO has positioned itself as a leader in the apartment search industry. They have now raised over $8 million to date. You can read more about ABODO here.