Upgrading the way college students find and lease local rentals via a transactional platform with 3D tours, digital signing, and online payment.
LoftSmart, New York
Product management, interaction design, visual design, frontend development, and backend development following the Roadmap Completion method.
Loftsmart has become the marketplace trusted by both student renters and property managers. Their founders have disrupted the student housing space with their startup. We joined Loftsmart as their design and development team, launched the first prototype, and evolved the product through numerous milestones.
In 2016 we met two young entrepreneurs at AngelPad, Sam Bernstein and Sundeep Kumar, who were developing an ambitious project aimed at radically changing the way American college students lease apartments. This idea was called LoftSmart. They set up an exhaustive business plan and refined the first MVP of their idea; however, not having an internal technical team jeopardized everything they had achieved up to that point.
We joined LoftSmart as they design and development team and crafted the first prototype of their transactional platform. It was clear the platform had to be flexible and offer different configuration variables. We researched student renters and property managers, listened carefully to their feedback, and developed such an ideal product that investors began to emerge.
LoftSmart first raised almost $2 million by Corigin Ventures (a real estate-focused venture fund) and included additional money from Expansion Venture Capital, Full Tilt Capital, Metaprop NYC, and a number of individual investors.
Loftsmart was a very ambitious project from which we continue learning lots. Since launching the first version of the app in June 2016, we have evolved the product through numerous new milestones. Two years after the first prototype, LoftSmart raised a Series A of $16.7 million. It’s difficult to explain how proud we feel watching this startup grow, seeing how a product we have accompanied through so many different scalability phases, has achieved such triumphs.
Now, as the platform continues growing, we continue analyzing opportunities for improvement. Not only do we love to create delightful digital products, but we also love to support the evolution of startups. We are not afraid to help founders achieve new goals and to tackle challenges together.
This is how we helped LoftSmart become a desirable digital product for both investors and the public.
“Z1 is an incredible group of individuals with so much talent, and the work they produce meets the highest quality standards. They are communicative, and dedicated to the work they do”.
Co-Founder & COO, Loftsmart