What it is: Flip is a platform that allows tenants to list available space and find sub-letters. In a similar vein as Airbnb, hosts create a listing, add photos and information like how long the place is available. Flip then takes over, sending out a notice to the landlord, which protects tenants in case the process gets contentious later on.
If a user matches with a subletter, Flip will perform a credit check and make a recommendation as to whether that subletter is the right fit. Essentially, Flip is an advocate, assistant, and housing expert all rolled into one.
Flip operates in New York, Los Angeles, and San Francisco and says it offers about 2,300 housing options in total.
Founders: Susannah Vila and Roger Graham
Funding: $3.4 million from Union Square Ventures, BBG Ventures, Joanne Wilson, Collaborative Fund, Techstars Ventures, and others