Firm billed as ‘the Airbnb of students’ secures $24 million funding

Firm billed as ‘the Airbnb of students’ secures $24 million funding

Pictured: Jon Snade of Thomas Eggar, billed as ‘the Airbnb of students,’ has attracted $24 million in funding.

The Lisbon-based firm was founded in 2012 by three ex-university classmates and the website now operates in 38 cities.

Users are able to search and book affordable student accommodation in locations all over the world.

The funding round included venture capital firms as well as existing and new angel investors, including veteran internet entrepreneur Alex Chesterman, who founded property website Zoopla in 2008.

James Paton-Philip, senior corporate associate at law firm Thomas Eggar, which advised on the fund raising, said:

“It has been a pleasure to have advised Uniplaces on this significant transaction.

“We were able to draw on the experience of our multi-disciplinary team of technology sector specialists to successfully complete what was a strategically important and high-profile deal for the company.”

London-based corporate partner, Jon Snade, added: “Uniplaces is an excellent example of how we work with fast-growth technology businesses.

“We support entrepreneurs and their businesses through their entire growth cycle, from start-up, through fundraising and beyond to exit.”

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