Urban Ground
Latest round
- Seed
Last raised
- Aug 2021
Total raised
- Undisclosed
Investors
- 1
About Urban Ground
Urban Ground GmbH focuses on providing a seamless online rental experience for long-term apartments. Founded in 2017 in Germany, the company has successfully completed one deal as of August 2021.Urbanground specializes in providing long-term rental apartments primarily in urban centers such as Berlin and Frankfurt. Their core offerings revolve around a fully digital rental process that includes features such as 360-degree virtual video tours of apartments, flexible lease terms ranging from three months to longer durations, and multilingual support for international tenants. Urbanground’s service model is particularly tailored for expatriates and students, allowing them to search, view, and book apartments entirely online without the burden of hidden fees or additional charges. The company also accommodates non-German documentation for credit and employment verification, thereby streamlining the rental process for clients from various countries.Urbanground generates revenue through direct transactions with tenants who rent apartments via their online platform. This revenue model is characterized by a straightforward booking and payment process, where clients can pay through credit card, PayPal, or bank transfer upon selecting their desired apartment. The company does not impose additional charges, which enhances customer satisfaction and loyalty. While specific pricing details for individual apartments are not disclosed, the rental contracts typically cater to diverse needs with flexible terms. The company's offerings are distinct in that they provide dual-language rental contracts, ensuring clarity for international tenants. The company plans to utilize these funds to enhance its full-stack rental platform and to expand into additional German cities. Specific regions targeted for this expansion include other urban centers in Germany, although exact locations have yet to be disclosed.
Who invested in Urban Ground
1 investor across 1 round
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Funding rounds
Seed
Aug 10, 2021
Amount
Undisclosed
Investors
Questions about Urban Ground
Who invested in Urban Ground?
Urban Ground has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Urban Ground raised?
Urban Ground has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Urban Ground last raise money?
Urban Ground's most recent round on record is a Seed, in Aug 2021.
What does Urban Ground do?
Urban Ground GmbH focuses on providing a seamless online rental experience for long-term apartments.
Where is Urban Ground headquartered?
Urban Ground is headquartered in Germany.
Which VCs invest in companies like Urban Ground?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back commercial property companies at Urban Ground's stage. Their profiles are linked below.
VCs backing commercial property startups at Seed
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