Business

Abodo gains investment from Leawood-based Flyover Capital

Abodo, a mobile apartment-listing service, has obtained funding from Leawood-based Flyover Capital.
Abodo, a mobile apartment-listing service, has obtained funding from Leawood-based Flyover Capital. Abodo

Leawood-based Flyover Capital, a seed and early-stage venture capital company, provided some of the funding in a $4.8 million venture capital financing round to Abodo, an apartment search service.

Abodo, based in Madison, Wis., said Flyover Capital joined 4490 Ventures and American Family Ventures in financing the Series A round of venture capital.

Thad Langford, general partner at Flyover Capital, said its investors believe Abodo has a “proven go-to-market strategy and the top talent necessary to execute” national expansion.

Abodo, which offers mobile-first, localized apartment searches, is a privately held company. It said user growth increased 600 percent in the past year.

Diane Stafford, stafford@kcstar.com

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