Here's the pitch deck a New York startup used to raise $5.5 million to expand its apartment rental service

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UpTop offers a housing rental service that allows people to browse, apply for, and pay rent on apartments.

Renters can use UpTop's service to view listings, submit applications for apartments, and pay rent.The company just announced that it's raised $5.5 million in seed funding to expand its service.

Using the New York startup's app, renters can search for apartments, schedule times to view them, fill out applications to rent them, sign leasing agreements, and even pay their rent. Landlords can list their properties in UpTop's marketplace and and use its property management service for free. Company CEO Frank Barletta got the idea for UpTop from his own experience as a renter, Foux said. In one eight-year period, Barletta moved 10 times and was repeatedly frustrated with the rental experience, he said.

The company only has about 1,000 listings so far, but that's because it just started publicizing its service, Foux said. Founded about three years ago, UpTop was until recently testing its offerings in Ithaca, New York.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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