SaaS-based marketplace for co-living Crib raises $400-K

Gurugram-headquartered SaaS-based marketplace for co-living Crib has raised USD 400,000 in a pre-seed round led by Pranay Gupta (Co-founder, 91Springboard) through his AngelList syndicate 91Ventures. The round also saw participation from BlackSoil Capital along with angel investors. Crib will use the funds to build its engineering team, boost product development and onboard the first set of properties in Bengaluru, Pune, Hyderabad, Mumbai and Delhi-NCR. Crib is building a digital ecosystem aimed at redefining how landlords operate, tenants stay and market sells. Through its SaaS-based marketplace model, it is creating a full stack solution for co-living including property management software bundled with a reseller platform.