Considered among the largest marketplace for student accommodations in the world, Student.com has recently gotten a boost in funding by $10 million for its Series C+ funding round which will bring the total amount of capital to $80 million. CITIC Capital provided this most recent funding which coincides with the marketplaces' gross booking value of $600 million.
At Student.com 2019 has begun with the continued focus on building enhanced technology to provide the ultimate student accommodation platform - meeting the needs of the modern-day student. Based on user behavior, during 2019 Student.com will continue to upgrade the platform’s technology solutions including the systemization of the native app experience, and work to improve the intelligent service level of the platform through application of Artificial Intelligence.
Luke Nolan, Founder and CEO at Student.com comments, “At Student.com we believe that this is just the tip of the iceberg for the student accommodation sector - and its true value sits in the region of $180 billion globally. Following our growth last year, we are looking at hitting the $1 billion completed gross booking value to date by the end of 2019.
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