Online Real Estate – Trulia

Online Real Estate – Trulia


Trulia

Founded: May 1, 2004
Founder (S): Pete Flint, Sami Inkinen
Headquarters: San Francisco, CA

Key People / s: Sean Aggarwal ( CFO ), Lee Clancy ( VP Consumer Products ), Michael Coutinho ( Engineering Manager-Mobile ), John Doherty ( Senior Growth Marketing Manager, Rentals ), Sarah Drasner ( Senior UX Engineer ), Daniele Farnedi VP of Engineering ), Vinnie Giarrusso ( Software Engineer ), Sami Inkinen ( Co-Founder ), Jed Kolko ( Chief Economist and Head of Analytics ), Paul Levine ( COO ), Christa Mabee ( Senior Android Developer ) and Jonathan McNulty ( Vice President is Product of )

Company history

Inception
Trulia’s founders Pete Flint and Sami Inkinen met at Stanford Graduate School of Business. In 2004, while looking for off-campus housing while studying for his MBA, Flint was surprised to discover that the local real estate information available online was often insufficient, out Of date or both. Flint and Inkinen took this opportunity to simplify the process of finding a new home through technology. Flint was the CEO and Chairman from inception to acquisition.

Growth
the In September 2005, with Trulia Launched ITS Beta Product, Originally only Serving Properties in California. Soon After, with Growing Demand from Listing Agents Wanting to give Their listings More visibility Nationwide, with Trulia a rolled OUT across The United States less Within last A year later.
The In A 2012 review, Trulia reported 22 million monthly unique visitors.
In July 2012, Trulia filed for an initial public offering and stated they would trade on the New York Stock Exchange under the symbol “TRLA.” In August 2012, Trulia revealed they would plan To raise up to $ 75 million in the IPO. The IPO was priced at $ 17 per share and and trading trading on September 20, 2012 at an opening price of $ 22.10.
In May 2013, Trulia announced plans to acquire Kirkland, WA-based Market Leader Inc. for $ 355 million,Expanding its offering for real estate agents. The date of recognition on closed August 20, 2013.

Acquisition
On July 28, 2014, Zillow announced a deal to buy Trulia for $ 3.5 billion.
As of November 2014, Trulia’s offices occupy one third of 535 Mission Street in San Francisco.