LifeX raises €7.5 million in a seed funding round led by Cherry Ventures– a Berlin-based early state fund– with participation from Founders, a Copenhagen-based startup studio
LifeX is one of the largest networks of co-living homes in Europe. The company organizes large apartments in attractive neighborhoods, designs the interior in the popular Nordic aesthetic, provides weekly cleaning services, and does not require any rigid commitment on the part of residents. Membership is flexible, unlike traditional long-term leases.
The added bonus is the community of fellow members, who create a built-in social network for those facing a new city alone. In an unprecedented age of professional flexibility, globalized workforces, and the digital nomad, young people are moving across countries and continents to build lives around their careers.
LifeX aims to serve exactly this demographic of “expat” young professionals. The company is doing so by partnering with the employers: fast-growing startups like N26, Pleo, and Delivery Hero, who are trying to attract foreign talent and have a vested interest in making relocation as convenient as possible. LifeX apartments are currently available in Copenhagen, Berlin, London, Paris, Munich, and Vienna, with more than 300 members from over 50 countries.
Originally, though, the co-living idea came from the Founders’ personal experience. LifeX Co-Founder Ritu Jain explained: “While moving from San Francisco back to Copenhagen, Denmark we struggled to find a place to call home.”
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