Urban Compass Comes Out Of Stealth With A Hyperlocal Social Network, And A Disruptive Rental Portal That Will Serve As A Magnet

Urban Compass, a New York-based startup that last year raised an $8 million seed round while still in stealth mode, is coming out of the shadows of the city and debuting its first services in public beta: a hyperlocal social network, called the Urban Compass Network, and a housing rentals platform that brings online the whole process of finding, securing and subsequently paying for a place to live. The two services, which debut first in New York, were formally unveiled today at a press conference led by the Mayor of New York City, Michael Bloomberg.

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