blueground
Financials
Estimates*
USD | 2018 | 2022 | 2023 |
---|---|---|---|
Revenues | 36.5m | 300m | 560m |
% growth | - | - | 87 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €5.5m | Series A | |
$20.0m | Early VC | ||
* | $12.0m | Series B | |
* | $20.0m | Late VC | |
* | $50.0m | Series B | |
$140m Valuation: $750m | Series C | ||
$40.0m | Debt | ||
* | N/A | Late VC | |
* | $45.0m Valuation: $750m 1.3x EV/LTM Revenues | Series D | |
* | N/A | Debt | |
Total Funding | $296m |
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EditBlueground is a tech-savvy real estate startup that offers fully furnished and serviced apartments for rent. It caters to a diverse clientele including travelers, students, employees, and mobility managers who are in search of a flexible and convenient housing solution. The company operates in a large market, with its services available in multiple countries and cities.
Blueground's business model is centered around providing a hassle-free living experience. It does this by offering fully furnished apartments that are designed and outfitted by professional interior designers. These apartments come with high-speed Wi-Fi, smart home entertainment, kitchenware, and in some cases, access to gyms and pools. The company also offers exclusive partner services such as meal kits, wine delivery, on-demand fitness, and car rentals, although these services vary by city.
The company makes money by renting out these apartments on a short-term or long-term basis. It also generates revenue from its partner services. Customers can easily search for available apartments on Blueground's website, book instantly, and move in without any hassle. The company also offers a guest app for support, home cleanings, and more.
In summary, Blueground is a tech-savvy real estate startup that offers fully furnished and serviced apartments for rent. It caters to a diverse clientele and operates in a large market. The company makes money by renting out these apartments and from its partner services.
Keywords: Real Estate, Tech-Savvy, Fully Furnished Apartments, Serviced Apartments, Professional Interior Design, High-Speed Wi-Fi, Smart Home Entertainment, Partner Services, Guest App, Flexible Housing Solution.