
Brownstones in Brooklyn
Fresh off a $16 million funding round, Brooklyn-based coliving startup Common announced yesterday it’s acquiring subleasing startup Skylight. Skylight is essentially Airbnb for subletting your apartment.
In the announcement, Common explained that the primary driver behind the acquisition of Skylight, which has more than 125,000 users, was its data. Because coliving differs significantly from renting, the rental data that exists wasn’t as useful for Common.
“By acquiring Skylight, Common now has access to aggregated, anonymized data from a large market segment that has been largely invisible to brokers and developers: those who find shared housing through Craigslist and other sublet searches,” the company said in a statement. “This data will give Common a large channel to have visibility into not only how to better market Common homes to prospective tenants, but also understand the preferences of a wider variety of people looking for roommates or a new home.”
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