What is NestPick?
Nestpick operates as the world's largest platform for furnished rentals, boasting an extensive inventory of over 3 million accommodation options. These listings are sourced from more than 200 trusted providers and span across 3000 cities globally. The platform facilitates the search, comparison, and booking of mid-to-long term furnished apartments and rooms, catering to a diverse clientele including expats, business professionals, and students. By enabling users to filter results based on rental price, location, and amenities, Nestpick streamlines the process of finding suitable housing. Furthermore, the company provides valuable insights and studies on the rental market, empowering clients with data-driven decision-making for relocation.
How much funding has NestPick raised?
NestPick has raised a total of $11M across 1 funding round:
Series A
$11M
Series A (2015): $11M with participation from Rocket Internet, Target Global, b-to-v Partners, Enern, and Mangrove
Key Investors in NestPick
Rocket Internet
Rocket Internet is a global internet and technology company builder that incubates and scales businesses internationally. They provide operational support and leverage proprietary processes to help their ventures achieve market leadership.
Target Global
Target Global is a leading pan-European technology investment firm that invests across all stages of a company's lifecycle, from pre-seed to pre-IPO. They support entrepreneurs with extensive experience in operations and investments.
b-to-v Partners
b2venture is a European venture firm focused on investing in innovative ideas and startups at their earliest stages. They collaborate with a strong community of angel investors to provide expertise and funding.
What's next for NestPick?
The substantial enterprise-level funding and recent strategic investment indicate that NestPick is likely in a scaling phase, aiming to further solidify its market leadership and expand its global reach. This capital will likely be deployed towards enhancing its technological infrastructure, broadening its provider network, and potentially entering new geographic markets. The company's focus on data-driven insights also suggests a strategic emphasis on optimizing user experience and providing market intelligence. Future growth may involve strategic partnerships and acquisitions to consolidate its position in the furnished rental ecosystem.
See full NestPick company page
