Homyspace

Homyspace operates as a specialized online platform focused on the corporate housing market, providing furnished apartments for medium-term stays to businesses with employees on temporary assignment. Founded in Valencia, Spain, in 2016 by Ángel Mayoral and Alberto Garcia, the company emerged from Mayoral's personal experience with the inflexibility and high cost of hotels for work-related relocations. This firsthand frustration with the lack of suitable, home-like accommodations for trips lasting several months sparked the creation of a tech-driven solution to a clear market need.

The company's business model serves two primary client types: corporations from diverse sectors like construction, retail, and technology, and property owners seeking to monetize their real estate assets. For corporate clients, Homyspace streamlines the complex process of sourcing, booking, and managing temporary employee housing, which is often handled by personnel who are not the ones staying, signing, or paying. The platform automates documentation, centralizes billing, and provides a single point of contact, claiming to reduce accommodation costs by up to 60% compared to traditional hotels while saving significant administrative time. For property owners, Homyspace offers a channel to achieve stable, profitable occupancy from a professional and solvent tenant base without the need for a tourist license, as the rentals are governed by seasonal contracts under Spain's Urban Lease Law.

The service functions as an intermediary, connecting business needs with available properties. Companies submit their accommodation requirements, and a Homyspace agent curates a selection of suitable, fully-equipped apartments. The entire process, from booking and contract signing to payments, is managed digitally through the platform. Revenue is generated via a commission-based model; the company charges a fee for its intermediation services, which is deducted from the rental payment made to the property owner. Since its inception, Homyspace has secured approximately $1.42 million in funding over several rounds from investors including Big Sur Ventures, Encomenda, and Bstartup Banco Sabadell, facilitating its expansion across Spain and into other European markets.

Keywords: corporate housing, temporary accommodation, furnished rentals, employee relocation, business travel lodging, medium-term stays, PropTech, serviced apartments, relocation management, corporate travel solutions, extended stay, rental platform, real estate technology, B2B housing, temporary housing Spain, flexible leasing, property management solutions, online booking platform, worker accommodation, monthly rentals