Global student living technology startup House of Student raises $2 Mn in seed round
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Global student living technology company House of Student has raised $2 million in a seed round through a combination of equity and debt. The round was co-led by Saltwater Sutra and Nirmitsu Inspirational Ventures, with participation from Gautam Verlekar, Glen Fernandes, Richard McCallum, Ali Moosa, and existing investor Unilodgers. The fresh capital will be used to drive product innovation, expand housing supply, strengthen AI capabilities, and support global expansion, the company said in a press release. Founded in February last year by Vaibhav Verma, House of Student operates a technology platform for student accommodation across global education destinations. It offers online booking and housing network management, and plans to expand into AI-enabled student support services. Before House of Student, Verma founded Unilodgers, which the company says was the world’s first student housing marketplace. According to the company, Unilodgers was valued at $109 million in its first institutional funding round. The Gurugram and US-based startup says it has more than 2.5 million verified student rooms across over 25 countries, including the UK, US, Australia, Canada, New Zealand, the UAE, Singapore, and 18 European countries. House of Student competes with Uhomes, Amber, and Uniplaces.
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