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HousingAnywhere.com Raises €6 Million to Fuel Innovation in Student Accommodation.


ROTTERDAM, 8th May 2018


HousingAnywhere.com, the global accommodation platform for international students, announced today that it secured 6 million Euro in capital in a Series B Financing Round. The investment round is led by the Swedish fund Vostok New Ventures, with participation from existing investors Real Web and henQ. The funding will be used towards product innovation, market expansion and to accelerate HousingAnywhere’s vision of staying the world's leading student accommodation platform for mid-term rentals.


Initially started as a Dutch student side project when Founder Niels van Deuren tried to sublet his student room in Rotterdam, the Netherlands when he was on exchange in Singapore, HousingAnywhere has grown to be present in more than 500 cities globally since 2015, making it the biggest student accommodation platform in the world with more than 5 million visitors a year. Over the last year, the Rotterdam-based marketplace used a 5 million Euro funding from early-stage VCs Real Web and henQ to grow its presence in Europe and the USA. To further accelerate this growth, HousingAnywhere will use the funding proceeds for product development, especially by easing the process of rent collection through a peer-to-peer payment service.


According to Djordy Seelmann, CEO of HousingAnywhere, this successful financing round proves that HousingAnywhere is on a promising growth path: "This investment is really exciting news for us. At HousingAnywhere we’re focussed on remaining the largest global platform for international students to book accommodation abroad. We will use the new investment to scale up, and we are taking major steps with the continued development of our booking platform. Now that we’ve ensured that tenants and landlords can easily connect and safely conclude a tenancy agreement online, we will simplify the collection and payment of rent by offering a peer-to-peer payment service before the end of this year. This is a big step forward, and we're developing payment technology with a lot of potential, which can ultimately be used more broadly in the real estate market."


Although HousingAnywhere continues to primarily focus on ensuring the rental market is more accessible for international students, the broader potential already appears from the organic growth of the platform. "The supply of rooms and apartments is becoming more diverse, and we’re seeing that HousingAnywhere is increasingly being adopted by other user groups looking for a mid-term rental accommodation abroad, such as expats and digital nomads," says Van Deuren. The focus of expansion of the platform is currently on Western-Europe. Outside Europe there are also interesting countries for the platform, “that opportunity we will capture soon too”.


The newest investor on board, Vostok New Ventures, has a history of backing marketplace unicorns such as Avito, BlaBlaCar and Gett. "In HousingAnywhere.com, we see a team that has proven itself, with a huge drive to scale up and become the dominant player in the online real estate market”, says Per Brilioth, Managing Director of Vostok New Ventures.




About HousingAnywhere.com

HousingAnywhere.com is the leading global accommodation marketplace for international students with over 50,000 active advertisements in more than 50 countries. On the peer-to-peer platform tenants can connect directly with landlords and book mid-term rentals. Over 160 partner universities recommend their students to use the HousingAnywhere platform. HousingAnywhere.com was founded in 2009 by Niels van Deuren when he was looking for temporary accommodation for his semester abroad in Singapore. In 2018, Head of Development Djordy Seelmann, took over as CEO.




Investors:

About Vostok New Ventures

Vostok New Ventures Ltd (Vostok New Ventures), formerly Vostok Nafta Investment Ltd, is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation, with a focus on companies with network effects. The Swedish Depository Receipts of Vostok New Ventures are listed on Nasdaq Stockholm’s list for mid cap companies with the ticker VNV SDB.


About RealWeb

Real Web operates a number of leading online marketplaces in Europe through its controlled or participated entities, including – in the Real Estate vertical - Immobiliare.it in Italy, Spitogatos in Greece and in the Adriatic region and Immotop in Luxembourg; ProntoPro.it and StarOfService.com in the Professional Services marketplace in Italy and France; Uala.it, Bucmi.com and Funkmartini.gr in the Beauty segment in Italy, Spain/Portugal and Greece; Facile.it in the online insurance brokerage in Italy.


About henQ

HENQ is a Venture Capital Firm based in the Netherlands. HENQ provides capital & professional support for early stage technology companies. HENQ targets young technology companies - with a product that is scalable and has started to generate revenues - led by ambitious and strong management teams, active in international growth markets such as ICT / New Media / Mobile / Software sectors. henQ’s companies stand out because of their huge growth potential, strong management teams, international ambitions and scalable products. Above all, they stand out because, like us, they have a mind and will of their own.

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Housing Anywhere team


HousingAnywhere.com receives €5 million in funding from the company behind Italian online housing giant

With this Series A funding, the Dutch housing platform for international exchange students will expand to more cities and countries

January 10, 2017

ROTTERDAM – The international exchange student housing platform, HousingAnywhere.com has raised €5 million in its latest funding round. The Rotterdam-based startup offers student housing options, from studios and single rooms to sublets and rental houses, to international students around the world. HousingAnywhere.com will use this Series A funding to accelerate its platform’s growth and to expand to more university cities in Western Europe and the USA. The funding comes from Italian Real Web, owner of Italy’s largest online housing platform, and Dutch venture capitalist henQ.

Funding from Italy and the Netherlands
Major funding comes from Real Web, the Italian company that owns the online real estate platform Immobiliare.it. Dutch VC henQ is also investing in HousingAnywhere.com. Previously henQ led a seed funding round for HousingAnywere.com, raising €1 million. Van Deuren: “With this new funding we can continue our platform’s rapid growth. It’s very valuable to us that a major international company like Real Web has joined us. They possess a wealth of experience in the online housing market and we can learn a lot from them. The fact that henQ is also providing new funding means there is a lot of confidence in our platform.”

Student housing abroad
HousingAnywhere.com was founded in 2009 when CEO and founder Niels van Deuren was preparing for his own foreign exchange study in Singapore. Finding suitable housing in a city where he didn’t know anyone proved to be a challenge. “A lot of landlords and subletters want you to pay rent in advance to make sure you actually show up,” remembers Van Deuren, “but for a student it’s a pretty big step to transfer money without having actually seen the place first.”

Safe and secure for students and landlords
Van Deuren launched HousingAnywhere.com to address this problem. Homeowners and commercial housing companies offer student apartments and other types of housing for free on the HousingAnywhere.com platform. All transactions take place securely through HousingAnywhere.com and the first month’s rent is only transferred after the student has viewed and approved their new home.

Let out own room
Students who move abroad to study can also let out their own room or apartment on HousingAnywhere.com, which saves them from having to pay double rent during their foreign exchange period. The platform serves a network of housing offices from over 130 partner universities who recommend the company to their exchange students. This concept has already proven successful. The HousingAnywhere.com catalogue featured over 450,000 properties in 50 different countries, with 100,000 properties currently vacant.

International growth
The new funding enables the platform to expand to more countries and cities in major foreign exchange markets like the USA and Western Europe, where the EU’s popular Erasmus student exchange program alone mobilizes about 270,000 foreign exchange students each year. HousingAnywhere.com is set to reach 60 countries next year, expanding to 100 in 2018. A thousand new properties are added to the platform weekly. As growth accelerates, the company’s staff will also expand.

About HousingAnywhere.com
HousingAnywhere.com is the world’s leading international student housing exchange platform with over 100,000 listed properties in more than 50 countries. It provides a housing platform where students can let and sublet rooms when going abroad on an exchange or internship. No more than 130 partner universities recommend HousingAnywhere’s platform to their exchange students. HousingAnywhere.com was founded in 2009 by Niels van Deuren as he himself was looking for a temporary student room for his exchange study in Singapore.

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Housing Anywhere team