About Blueground
Blueground is a Real Estate & Construction company based in New York (United States) founded in 2013 by Penny Papakonstantinou, Andreas Nezeritis, Alex Chatzieleftheriou, and Alexis Maragkos. Furnished apartments are rented for flexible mid- to long-term stays. Blueground has raised $274.24 million across 13 funding rounds from investors including Barclays, HSBC and SVB. The company has 756 employees. Blueground has completed 3 acquisitions, including Nestpick, Tabas and Travelers Haven. Blueground was last valued at $750 million in March 2024. Its chief executive, as recorded, is Alex Chatzieleftheriou. Its website theblueground.com draws about 1 million monthly visits. Blueground offers products and services including Furnished Apartments, Blueground for Business, and Studentground. Its focus areas include Consumer, Residential Real Estate Tech, Home Rentals and Managed. Its competitors include Vacasa, Sonder and TurnKeyVR; 3 of its 3 listed competitors have raised funding.
Company details
Provider of furnished apartment rental platform for flexible mid to longterm stays. The company offers professionally managed, fully furnished apartments available for stays starting at approximately one month. It enables users to search listings, book digitally, and manage check-in through an integrated guest app. Apartments are equipped with high-speed WiFi, kitchenware, linens, and smart entertainment setups, and support flexible leases and extensions. The platform includes responsive customer support via app messaging and in-person services.
- Headquarters New York, United States
- Employees 756
- Founders Penny Papakonstantinou, Andreas Nezeritis, Alex Chatzieleftheriou, Alexis Maragkos
- Stage Unicorn
- SectorsReal Estate & Construction
- Website category News and Media
- Email••••••••
- Phone•••• ••••
- Website theblueground.com
- Social LinkedIn X Facebook
Products & Services of Blueground
Blueground offers a comprehensive portfolio of products and services, including Furnished Apartments, Blueground for Business, and Studentground.
Provides equipped apartments for short and long-term stays globally.
Offers housing for corporate travelers with flexible terms.
Delivers discounted apartments near campuses for students.
Funding Insights of Blueground
Blueground has successfully raised a total of $274.24M across 13 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $274.24M
- Total Rounds 13
- Investors Count 21
Latest 10 of 13 funding rounds of Blueground with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $45M | Series D | – | – | |
| Mar 2024 | Debt – Conventional | – | – | ||
| Nov 2022 | Series C | – | – | ||
| Jun 2022 | Series C | – | – | ||
| Sep 2021 | $40M | Debt – Conventional | – | – | |
| Sep 2021 | $140M | Series C | $750M | WestCap | |
| Sep 2019 | $50M | Series B | – | WestCap, Prime Ventures | – |
| Mar 2019 | $20M | Series B | – | Venture Friends | |
| Oct 2018 | $12M | Series B | – | Jabbar | |
| Apr 2017 | $5.87M | Series A | – | Endeavor |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $750M | •••••••• |
Full valuation and stage history of Blueground
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Last known valuation $750M (Mar 2024). 21 investors in total: 20 institutional and 1 angel.
Investors in Blueground
Blueground has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Barclays, HSBC and SVB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors by WestCap. | westcap.com | San Francisco, United States | ||
Growth equity investments are provided for software and information services companies. | 2006 | spcllc.com | Bala Cynwyd, USA | |
Early and late-stage startups are supported by venture capital-backed studio. | disruptad.ae | Abu Dhabi, United Arab Emirates | ||
Venture debt and equipment financing are provided to growth-stage companies. | 2008 | trinitycap.com | Phoenix, United States | |
Geolo Capital is engaged in private equity investments focused on real estate and hospitality. | 2005 | geolo.com | San Francisco, United States | |
Investments are made in proptech, fintech, SaaS, and multiple sectors. | venturefriends.vc | Athens, Greece | ||
Venture capital is invested in European technology sectors. | primeventures.com | Amsterdam, Netherlands | ||
Endeavor is focused on supporting high-impact entrepreneurs globally. | endeavor.org | New York, United States | ||
Venture capital-backed accelerator focused on healthcare and multiple sectors. | alleycorp.com | New York, United States | ||
Venture capital investments are directed toward tech sectors. | mangrove.vc | Luxembourg, Luxembourg |
Investor details for Blueground
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Co-investor network
Verified entity values are shown only after access is granted.
People of Blueground
148 people are tracked at Blueground (49 in leadership, 99 in team); the tracked headcount is 756.
| Name | Role | Group |
|---|---|---|
Penny Papakonstantinou | Co-Founder | Leadership |
Andreas Nezeritis | Co-Founder | Leadership |
Alex Chatzieleftheriou | Co-Founder & CEO | Leadership |
Alexis Maragkos | Co-Founder | Leadership |
Caroline Adba | Head Of Business Development - Real Estate | Leadership |
Dan Palermo | Director, Real Estate | Leadership |
Rustom Vickers | Vice President, Head Of Development | Leadership |
Christos Misailidis | Chief Sales Officer & Chief Strategic Partnerships Officer | Leadership |
Matt Was | Head Of Mobility Partnerships | Leadership |
Stratos Pavlakis | CTO | Leadership |
Nadim Naccouzi | Director Of Operations - EMEA & APAC | Leadership |
Farzan Bhanwadia | Chief Business Officer - US | Leadership |
Nina Klishevich | General Manager - Dubai | Leadership |
Katie Benton | Director Of Integrations And US Operations | Leadership |
Konstantinos Vorgias | Director Of Global Treasury & Controlling | Leadership |
Kelsey Whittleton | Head Of Sales Operations | Blueground For Business | Leadership |
Alejandro Z. | Head Of Business Development, Partner Network | Leadership |
Dimitris Chatzieleftheriou | Head Of Partner Growth | Leadership |
Maria Drosou | Head Of Expansion, Franchise Business | Leadership |
Apostolos Foteinakis | CFO | Leadership |
128 more people are available in the full profile.
Complete people profiles for Blueground
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Blueground
Blueground has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Nestpick, Tabas and Travelers Haven.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
An online platform is used for searching furnished apartments. | nestpick.com | Berlin, Germany | 2014 | May 2023 | •••• | |
Short-term housing rentals are facilitated via an online US platform. | travelershaven.com | Denver, United States | 2008 | Feb 2023 | •••• | |
Furnished apartments are rented online in Brazilian cities. | tabas.com.br | Sao Paulo, Brazil | 2020 | Nov 2022 | •••• |
Complete acquisition details for Blueground
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Blueground
8 dated milestones of Blueground across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Blueground is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Tabas.
- Acquisition Acquires Travelers Haven.
- Acquisition Acquires Nestpick.
- Funding Latest funding round, Debt – Conventional,.
- Milestone Reaches Unicorn status.
Competitors of Blueground
Blueground has 3 listed competitors in our database, 3 of them funded. They include Vacasa, Sonder and TurnKeyVR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vacasa.com | 2009 | Portland, United States | $639.5M | 7,114 | Vacation rentals are booked via an app-based platform by travelers. | |
| sonder.com | 2012 | Thornton, United States | $680M | 993 | Managed vacation rentals are booked through an app-based platform. | |
| turnkeyvr.com | 2012 | Austin, United States | $119.53M | 403 | Vacation rental management and booking services are provided to homeowners. |
Detailed competitors of Blueground
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Blueground
The website of Blueground (theblueground.com) receives about 1M visits a month and ranks #44,181 among all websites worldwide, #3,167 in News and Media.
- Monthly visits1M
▲ 20.3% vs previous month
- Unique visitors446.2K
per month
- Global rank#44,181
among all websites
- Category rank#3,167
News and Media
- Bounce rate44%
- Pages per visit6.0
- Average visit2 min 36 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with Blueground. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
finance.yahoo.com | finance.yahoo.com | 100% | #205 | – | |
| cnn.com | 98% | 494.3M | #131 | View details | |
| bbc.com | 97% | 547.1M | #107 | View details | |
| wsj.com | 96% | 88.1M | #764 | View details | |
| theguardian.com | 95% | 338.1M | #159 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for Blueground
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- 36 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as Blueground (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | |||
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M |
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Related news about Blueground
Complete news archive for Blueground
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Frequently Asked Questions about Blueground
Blueground was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Blueground is headquartered in New York, United States. It is registered at New York, New York, United States.
Alex Chatzieleftheriou is the CEO of Blueground, as recorded in our data. They have also founded this company.
Blueground is a funded company, having raised a total of $274.24M across 13 funding rounds to date. The company's 1st funding round was a Series A of $5.87M, raised on Sep 2015.
Blueground has 756 employees.
Annual revenue of Blueground is $24.82M as on Dec 31, 2023.
Provider of furnished apartment rental platform for flexible mid to longterm stays. The company offers professionally managed, fully furnished apartments available for stays starting at approximately one month. It enables users to search listings, book digitally, and manage check-in through an integrated guest app. Apartments are equipped with high-speed WiFi, kitchenware, linens, and smart entertainment setups, and support flexible leases and extensions. The platform includes responsive customer support via app messaging and in-person services.
Blueground offers Furnished Apartments, Blueground for Business, and Studentground.
Blueground has made 3 acquisitions, including Nestpick, Tabas, and Travelers Haven.
Blueground has 21 investors. Key investors include Barclays, HSBC, SVB, Deutsche Bank, and Morgan Stanley.
The valuation of Blueground is $750M as of Mar 2024.