• TechCrunch, Thursday, July 7, 2011 12:16 PM

Competing with sites like Apartments.com, Padmapper.com and Hotpads.com, a start-up named Nestio just raised $750,000 in seed funding to organize apartment hunting online. "The start-up plans to use its recent funding to build out its development team and is currently working on adding a number of features that will provide deeper context and transparency to apartment listings," TechCrunch reports.

The round was led by Quotidian Ventures, along with participation from angel investors, including Joanne Wilson, Rick Webb, Josh Auerbach and David Tisch. While the service currently only offers Web and mobile support to New York City, Nestio plans to begin rolling out support for additional cities in the next few months.

"The start-up hopes to put an end to long email chains, messy spreadsheets, and multiple tabs in one's browser," TechCrunch adds. "Nestio enables users to edit listing information, add comments, and to collaborate with roommates in realtime during apartment searches by sharing listings, photos and notes." Nestio recently released the first version of its iPhone app to let users to keep track of the places they view on the go.

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