Zeus Raises $55 Million for Extended-Stay Rentals: Travel Startup Funding This Week

This week, travel startups announced more than $139 million in funding. >>Zeus Living, an extended-stay, serviced lodging company, has secured $55 million in Series B funding. Airbnb, Comcast, CEAS Investments, and TI Platform Management participated in the round. Zeus offers professionals furnished homes for stays of a month or longer. Its average resident stay length is three months. Zeus has grown to more than 2,000 homes across San Francisco, Los Angeles, New York, Seattle, and Washington, D.C. The plan is for Zeus to expand internationally and make it easy for workers to move cities, said Kulveer Taggar, CEO and co-founder. Airbnb will list some of the Zeus Living properties under its Airbnb for Work extended-stay offerings, which the company says accounts for about 15 percent of all its rental bookings. Since it launched in 2015, Zeus has hosted more than 27,000 residents. It has raised $90 million in total funding, it said. For more context, read "Corporate Housing Is Getting (a Little) Less Boring." >>HappyEasyGo,