HousingAnywhere Sees Valuation Decreased by Investor Despite EBITDA Profitability

The Netherlands-based international rentals specialist HousingAnywhere has seen its valuation decreased by its own stakeholders.

The Swedish investment company VNV Global has reviewed the valuation of its 29% stake in the marketplace operator, reducing it by 19% to a new valuation of $42.8 million—down circa $10 million from 2023.

However, in its Q4 report, VNV Global stated that HousingAnywhere “delivered in line with its budget and was adjusted EBITDA profitable for the full year.”

Meanwhile, VNV says its investment in HousingAnywhere is worth nearly twice as much as 2018's initial investment ($23.3 million). VNV's investment in HousingAnywhere represents a 6.5% share of the total portfolio.

VNV said:

In 2024, HousingAnywhere delivered in line with its budget and the company was adjusted EBITDA profitable for the full year. The company has actively worked to improve its offering including its Rent Guarantee product which was used in 40% of the 25k French bookings that was completed during the year. The company is working to reaccelerate top line growth in 2025 while at the same time improving margins.

VNV's portfolio saw value reductions worth a combined -$81.5 million across businesses, including BlaBlaCar, Gett, HousingAnywhere, and African marketplace Wasoko in 2024.