Study Abroad Apartments
Latest round
- Seed
Last raised
- Mar 2016
Total raised
- Undisclosed
Investors
- 2
About Study Abroad Apartments
Study Abroad Apartments Inc.Founded in 2013 by Brett Newman and Ryan Blum, Study Abroad Apartments Inc. operates from New York, US. The company connects university students with verified rental properties in cities like Barcelona, Madrid, London, and Prague., a portfolio company of several investment firms.Study Abroad Apartments offers an online housing marketplace tailored for students seeking furnished accommodations while studying or interning abroad. The core service includes facilitating the search for verified rental properties across prominent European cities, including but not limited to Barcelona, Madrid, London, and Prague. By creating an easy-to-navigate platform, the company aims to alleviate the challenges associated with securing housing from long distances. The target clientele consists primarily of university students and young professionals, allowing them to live in shared buildings with other international students, fostering community and shared experiences during their time abroad.The revenue model for Study Abroad Apartments is structured around transaction fees linked to successful rental bookings made through their platform. Upon a student selecting a rental property, the landlord has a specified timeframe of 48 hours to accept or reject the booking request. Once accepted, the student must finalize the first month’s rent within three days, with the option to split payments among roommates. Transactions are primarily conducted on a direct-to-consumer basis, where students pay their rent directly to landlords, while the company maintains oversight and support throughout the tenancy.Looking forward, Study Abroad Apartments Inc. aims to expand its offerings by introducing new products designed specifically for enhancing the student housing experience, with potential launches planned for late 2024. The company is also exploring expansion into additional European markets such as Amsterdam and Milan, aiming to establish a presence there by mid-2025.50 mn will be utilized to support these initiatives, enhancing the platform's capabilities and market reach.
Who invested in Study Abroad Apartments
2 investors across 2 rounds
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Questions about Study Abroad Apartments
Who invested in Study Abroad Apartments?
Study Abroad Apartments has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Study Abroad Apartments raised?
Study Abroad Apartments has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Study Abroad Apartments last raise money?
Study Abroad Apartments's most recent round on record is a Seed, in Mar 2016.
What does Study Abroad Apartments do?
Study Abroad Apartments is a internet company.
Where is Study Abroad Apartments headquartered?
Study Abroad Apartments is headquartered in New York, US.
Which VCs invest in companies like Study Abroad Apartments?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Study Abroad Apartments's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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