About Blueground
Blueground is a company based in New York (United States) founded in 2013 by Penny Papakonstantinou, Andreas Nezeritis, Alex Chatzieleftheriou, and Alexis Maragkos. Blueground has raised $274.24 million across 13 funding rounds from investors including Barclays, HSBC and SVB. The company has 258 employees as of December 31, 2023. Blueground has completed 3 acquisitions, including Nestpick, Tabas and Travelers Haven. Blueground offers products and services including Furnished Apartments, Blueground for Business, and Studentground. Blueground operates in a competitive market with competitors including Vacasa, Sonder, Ziroom, Travel Chapter and TurnKeyVR, among others.
- Headquarter New York, United States
- Employees 258 as on 31 Dec, 2023
- Founders Penny Papakonstantinou, Andreas Nezeritis, Alex Chatzieleftheriou, Alexis Maragkos
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
$24.82 M (USD)25as on Dec 31, 2023
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Net Profit
-$1.55 M (USD)-750as on Dec 31, 2023
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EBITDA
-$1.55 M (USD)-750as on Dec 31, 2023
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Total Equity Funding
$274.24 M (USD)
in 13 rounds
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Latest Funding Round
Not available
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Investors
Barclays
& 16 more
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Employee Count
258
as on Dec 31, 2023
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Investments & Acquisitions
Nestpick
& 2 more
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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.
People of Blueground
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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.
Investors in Blueground
Blueground has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Barclays, HSBC and SVB.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward multiple sectors by WestCap.
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Growth equity investments are provided for software and information services companies.
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Early and late-stage startups are supported by venture capital-backed studio.
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Investor details for Blueground
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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.
Investment portfolio details for Blueground
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- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Furnished apartments are rented online in Brazilian cities.
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An online platform is used for searching furnished apartments.
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Short-term housing rentals are facilitated via an online US platform.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for Blueground
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- Acquired stakes
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Financial Statements - Blueground
Detailed financials for Blueground
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Blueground Comparisons
Peer comparison for Blueground
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Competitors of Blueground
Blueground operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vacasa, Sonder, Ziroom, Travel Chapter and TurnKeyVR, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Vacation rentals are booked via an app-based platform by travelers.
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Managed vacation rentals are booked through an app-based platform.
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Branded accommodations are offered via long-term residential rentals.
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UK holiday rentals are managed via owned booking platforms.
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Vacation rental management and booking services are provided to homeowners.
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Detailed competitors of Blueground
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- Full company profiles
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Latest news on Blueground
Complete news archive for Blueground
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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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 current CEO of Blueground. They have also founded this company.
Blueground is a funded company, having raised a total of $274.24M across 13 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Blueground is 258.
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's top competitors include Vacasa, Sonder and Travel Chapter.
Blueground offers Furnished Apartments, Blueground for Business, and Studentground.
Blueground has made 3 acquisitions, including Nestpick, Tabas, and Travelers Haven.
Blueground has 17 investors. Key investors include Barclays, HSBC, SVB, Deutsche Bank, and Morgan Stanley.
The valuation of Blueground is $750M as of Sep 2021.