BubbleStudent, the student property marketplace, has successfully raised over £430,000 on equity crowd funding platform Seedrs following their most recent campaign.
BubbleStudent easily exceeded its target of £400,000, with numerous investors displaying strong confidence in the returns offered by the app based property marketplace; designed to help university students effortlessly 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. Having experienced the fragmented, confusing process of securing a student house first hand, Felix and Sol saw an opportunity to make a real 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 even sign a contract; all from the comfort of their own home.
With UCAS figures showing 411,860 students accepting places at UK universities this year, bubbleStudent is answering the growing call for a unified, simple, and pain-free rental process for students across the country.
The platform also allows lettings agents and landlords to track real-time data on the student property market, providing a competitive insight into a lucrative and fast paced sector, whilst also fostering great relationships with student tenants.
Felix Henderson, 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.”