What is Settl?
Founded in 2020 and headquartered in India, Settl operates as a curated community offering furnished apartments and studios designed for short-duration stays. The company aims to provide a seamless and comfortable living experience for individuals seeking flexible accommodation solutions, positioning itself as a key player in the evolving hospitality and co-living sector.
How much funding has Settl raised?
Settl has raised a total of $1.7M across 2 funding rounds:
Angel/Seed
$500K
Other Financing Round
$1.2M
Angel/Seed (2021): $500K with participation from We Founder Circle and Ah.ventures
Other Financing Round (2024): $1.2M led by Inflection Point Ventures, Gruhas Proptech, We Founder Circle, and ah! Ventures Fund
Key Investors in Settl
Inflection Point Ventures
Inflection Point Ventures is a prominent angel investing platform in India, focusing on providing viable investment opportunities and founder-friendly support to startups. They aim to build the world's most accessible angel-investing network, offering both funding and non-monetary support for startup growth.
Gruhas Proptech
Gruhas is an India-focused Venture Capital fund that invests in sectors like PropTech, CleanTech, Media Entertainment, and Consumer Focused industries. They partner with entrepreneurs from seed to growth stages, emphasizing strategic partnerships and innovative technologies.
We Founder Circle
We Founder Circle is a leading startup investor community in India that invests in early-stage startups, providing seed funding and business development support. They operate with a founder-first thesis and a global network of founders and angel investors.
What's next for Settl?
The substantial enterprise-level funding and recent strategic investment indicate that Settl is poised for significant expansion and operational enhancement. This capital infusion will likely fuel further development of its property portfolio, technological infrastructure, and market reach, solidifying its competitive advantage and supporting its growth trajectory in the burgeoning co-living and short-stay market.
See full Settl company page