Blueground joined the Unicorn Club on March 28, 2024, after raising a $45M Series D funding round. Founded in 2013, the company offers a furnished apartment rental platform for flexible mid- to long-term stays, catering to professionals, remote workers, and travelers. With total funding of $274M, Blueground enables digital booking, integrated guest app management, and fully serviced apartments.
Keep reading to explore Blueground’s funding history, key investors, and what’s next for this residential real estate tech innovator.
What Is Blueground and What Does It Do?
Blueground is a New York City, New York, United States-based platform offering professionally managed, fully furnished apartments for stays of one month or longer. Apartments include high-speed Wi-Fi, kitchenware, linens, smart entertainment setups, and flexible lease options.
Users can search listings, book digitally, and manage check-ins via an integrated app. The platform also provides responsive customer support, combining app-based messaging and in-person services to enhance the rental experience.
How Much Funding Has Blueground Raised?
- Series D
- Amount Raised: $45M
- Date: March 28, 2024
- Lead Investors: Not disclosed
- Motivation: To expand apartment inventory, enhance platform features, and scale operations.
Total Funding Raised: $274M
Valuation: $750M (as of September 20, 2021)
Latest Funding Date: March 28, 2024
Key Investors
- Trinity Capital
- Details: Venture capital firm investing in growth-stage technology companies.
- Investment Focus Areas: Residential real estate tech, platform scaling, digital services.
- SVB (Silicon Valley Bank)
- Details: Financial institution providing funding and banking services to technology and innovation-driven companies.
- Investment Focus Areas: Real estate tech, startups, and growth-stage platforms.
Where Is Blueground’s Headquarters?
Blueground is headquartered in New York City, New York, United States —a hub for residential real estate innovation, technology, and remote work solutions. This location provides access to investors, talent, and urban markets.
What’s Next for Blueground?
Blueground plans to expand its furnished apartment inventory globally, improve the digital booking and guest management app, and enhance customer support services. With a strong investor base and annual revenue of €22.9 million (2023), the company aims to expand its flexible rental solutions for mid- to long-term stays and strengthen its position in residential real estate technology.
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