Tuesday, June 26, 2012

Home Swapping Startup CasaHop Raises $1.2 Million From First Round, Lerer Ventures, Betaworks, And Others

photos casahop 03New York City-based CasaHop aims to be the go-to place for home swapping on the web, and it's signed up a pretty impressive lineup of investors. The company just raised a $1.2 million seed round led by First Round Capital, with participation from Lerer Ventures, Betaworks, hotelier Andre Balazs (who owns The Standard and The Mercer), MTV co-founder and Clear Channel CEO Bob Pittman, TechStars managing director David Tisch, One Laptop per Child (OLPC) founder Nicholas Negroponte, 24/7 Real Media and Tacoda co-founder Dave Morgan, and Moat and WGI Group co-founder Jonah Goodhart. The idea behind CasaHop is to democratize home sharing, and use technology to help people find places to stay and learn more about the places that they're visiting. There's something about being able to drop into each others' lives and travel like a local that's appealing, but few sites have specialized in the experience. Paul Berry, the ex-CTO of HuffPo and partner in SoHo Tech Labs, where CasaHop was incubated, has done a number of home swaps over the years, but believes it could be made easier.

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