Badi exceeded 300,000 rooms for rent in 2019

January 20, 2020
Share this Post: 

The long-stay room rental company Badi exceeded 300,000 rented rooms during the past year 2019, in mainly Barcelona, ​​Madrid, London, Berlin and New York, with almost two million users, according to a statement.

The Barcelona-based startup last year added more than 192,000 new rooms to its platform and captured more than 85,000 reservation requests during that year, calculating that they received a request every two minutes.

Users of this room search platform -which takes its name from the English 'buddy', companion-, live in these rooms an average of 5.5 months, 28% more than in their competitors.

Barcelona, ​​Madrid and London are the most demanded cities for a startup that this year has reached 125 employees, so it has almost doubled its team compared to last year.

Security in the reserve, one of Badi's keys

The Founder of Badi, Carlos Pierre, has considered that one of the keys of the company's growth is to have managed to create a platform that "guarantees a safe reserve process".

"In this sense, we have recently updated our reservation system, which offers more guarantees to both tenants and owners," Pierre added through a statement.

The emerging Barcelona company has completed several rounds of financing during its five years of operation that have allowed it to group 45 million euros of investments.

The last one, exactly one year ago, allowed him to capture 30 million in a round led by the US fund Goodwater Capital.

Read more here.

Property Portal Watch Bangkok Conference, 2020

Read more

January 20, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hiring Roundup 26 April
People Roundup: Lamudi Philippines, Private Property

This week's hiring roundup is shorter, but our two stories both come straight from the C-suite.   Lamudi Philippines hires...

Read More
Funding Roundup 26 April
Funding Roundup: Zefir, Jubenial

This week's funding roundup includes another iBuyer that is no longer an iBuyer, and an interesting marketplace for the older...

Read More
Product Roundup 26 April
Product Roundup: Zillow, Dubizzle, Lifull, Homming, Homesearch

The portal wars accelerated in earnest in this week's product roundup, while we've spotted two more "money-focused" updates from Dubizzle...

Read More
Nar Settlement To End Buyer Agent Commissions
Judge Approves $418M NAR Settlement—Buyer Commissions to be Eliminated?

In a major change to the industry, home sellers in the United States will no longer be required to offer...

Read More

Editor's Pick