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Crib raises $400K in pre-seed round

Co-living marketplace Crib has raised $400,000 (about Rs 2.9 crore) in its pre-seed funding round led by Pranay Gupta (co-founder, 91Springboard) through his AngelList syndicate 91Ventures. BlackSoil Capital, Faad Network along with other angel investors have also participated.

According to the Gurugram-based startup, the proceeds will be used to build its engineering team, boost product development and onboard the first set of properties from Bangalore, Pune, Hyderabad, Mumbai and Delhi NCR. 

Floated by Sunny Garg and Shaifali Jain, Crib is building a digital ecosystem aimed at redefining how landlords operate, tenants stay and market sells.

Through their SaaS-based marketplace model, Crib is creating a full stack solution for co-living including property management software bundled with a reseller platform.

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