# Nestpick Global Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nestpick-global-services

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.nestpick.com
- Total disclosed funding: $13M
- Latest round: Series A (Dec 8, 2015)
- Investors on record: 5

## About

Nestpick is an online platform specializing in the search and aggregation of furnished apartment listings, aimed at facilitating mid-to-long-term rental solutions globally.Nestpick Global Services GmbH, founded in 2014 in Berlin, Germany, operates as a comprehensive search engine for furnished apartments, aggregating listings from various partners. The company was co-founded by Fabian Dudek and Omer Kucukdere. It has successfully completed five funding deals, with its most recent being a Series A round on May 30, 2023, which raised USD 2.000 mn from investors including Target Global and b2venture.Nestpick operates as a comprehensive search engine for furnished apartments, providing a platform that aggregates over 3 million listings from more than 200 partners globally. The company's core offerings focus on mid-to-long-term rentals of furnished apartments, rooms, student accommodations, and other types of housing. Users can filter search results by various criteria, including neighborhood, price, amenities, and property type, making it easier for expats, students, and business professionals to find suitable accommodations in cities across Europe, North America, Asia, and Australia. The service is designed to simplify the relocation process, addressing the challenges faced by individuals moving to new cities by providing up-to-date and reliable listings from vetted providers. Nestpick's clientele includes renters, property owners, and real estate agents, as well as students seeking affordable housing options in urban areas.Nestpick generates revenue through partnerships with property providers and landlords, facilitating transactions without direct ownership of the listings. The business model is primarily B2C, where consumers pay rental amounts directly to property owners, while Nestpick typically earns a commission from its partners for successfully connecting them with renters. The structure allows for diverse accommodation types, from luxury apartments to budget student rooms, catering to a wide audience across various geographical markets. While specific pricing plans are not detailed, the platform enables users to browse and compare rental prices on its website, featuring listings from prominent partners such as Spotahome and Student.com, which enhances its attractiveness to both tenants and landlords.Following its acquisition by Blueground Holdings Limited UK in May 2023, Nestpick aims to leverage the partnership for growth by establishing its Partner Network and expanding its business operations beyond its core network of managed properties. This acquisition is expected to facilitate strategic collaborations and enhance the range of offerings available to users. The company plans to further enhance its platform and expand into new geographic markets, aiming to increase its footprint in Europe, North America, and Asia over the upcoming years.

## Funding rounds

- Series A, Dec 8, 2015, $2M — b2venture, Target Global
- Series A, Nov 2, 2015, $11M — Mangrove Capital Partners, Rocket Internet SE, KAYA

## Investors

- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Series A
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A
- KAYA (https://capitalatlas.ai/funds/kaya) — Series A
- b2venture (https://capitalatlas.ai/funds/b2venture) — Series A
- Target Global (https://capitalatlas.ai/funds/target-global) — Series A