Blueground, a furnished rental startup, continues to buck market trends with $560M in revenue and a fresh $45M investment.

Quick Summary:

Chatzieleftheriou told TechCrunch that his company’s fast growth and near-profitability helped convince investors to fork over the latest funding.

Blueground leases apartments in popular neighborhoods and then equips and furnishes them for renters.

Some years later, at the height of the pandemic, business was booming for his startup’s category – short-term, furnished apartment rental companies – as people roamed the world while working from home.

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Article Details

Author / Journalist: Marina Temkin

Category: Technology

Markets: United StatesBrazilJapanThailand

Topics: Startups Venture Fundraising

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 10:00:13 (1 months ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 551 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 20543069

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