Blueground, the Greek proptech startup that offers short-term furnished apartment rentals, is getting close to becoming a unicorn. After raising $140 million in an equity funding round led by existing investor Laurence Tosi's WestCap Group, the company is now valued at $750 million.20 Sept 2021
How does blueground make money?
Blueground pays the owners the market-value rent they would get from an individual long-term tenant. At the end of the day (or fiscal year), the return is much higher because: Blueground has a proven track record of paying rent on-time to its landlords and will not be late to pay monthly rent.5 Feb 2019
Is blueground a startup?
Blueground, a startup focused on short-term furnished apartment rentals, raised $140 million in equity funding from investors led by Laurence Tosi's WestCap Group, an existing backer.19 Sept 2021