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Silicon Valley startup Belong Home is aiming to disrupt the long-term rental market with a platform they say simplifies and improves the relationships between landlords and tenants. On Tuesday, the company announced a $40 million funding round and plans to open a new secondary headquarters in Utah and staff it with 100 new employees.
Belong Home
Silicon Valley startup Belong could have leveraged a fresh cash infusion to expand its current headquarters in San Mateo, California.
But instead, the 3-year-old company will put a portion of its $40 million Series B funding round announced Tuesday to work in Utah, with plans in place to establish a secondary headquarters and hire 100 new employees to staff it.