Student property marketplace startup raises over £400k crowdfunding with Seedrs
bubbleStudent, a student property marketplace, has successfully raised over £430k on equity crowdfunding platform Seedrs following its most recent campaign.
bubbleStudent exceeded its target of £400k, with many investors. The app has been designed to help university students find and manage their rented accommodation.
The funding will be used to expand bubbleStudent’s proposition and growth across the UK and internationally, with funds also allocated for marketing and development.
Founded by Felix Henderson and Sol Wright in 2016, bubbleStudent was created to take the stress out of renting student property.
Felix, CEO and co-founder of bubbleStudent, said: “The student rental market has long been in need of a drastic change, and we’re committed to simplifying the entire process for students across the UK; from the first discussion to signing the contract.
“We’re thrilled with the level of investor engagement for our first funding campaign on Seedrs, and we will be using the funds to continue our expansion across the UK and beyond.”
Having experienced the fragmented, confusing process of securing a student house first hand, Felix and Sol saw an opportunity to make a change to the student property rental experience.
bubbleStudent’s virtual property marketplace currently lists over 200,000 student rooms across 20 UK cities, and allows students to view rooms, schedule viewings, and also sign a contract.
The platform also allows lettings agents and landlords to track real-time data on the student property market.
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