The CAA Ventures-backed apartment network secured a valuation of over $600m through an ongoing series C round it announced this week.
Bungalow, the US-based co-living apartment operator backed by talent agency CAA, plans to raise $75m in a series C round led by alternative asset manager Deer Park Road, it revealed yesterday.
The figure would increase Bungalow’s total funding to over $150m, it said, and the round and also features Atomic, Founders Fund, Coatue and Khosla Ventures. It values the company at over $600m, according to a Bloomberg report.
Founded in 2017, Bungalow operates a network of more than 700 co-living…
