Study Abroad Apartments
Easy, reliable, stress-free process finding the best apartments abroad.
| Date | Investors | Amount | Round |
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| N/A | €0.0 | round | |
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| Total Funding | 000k | ||
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Study Abroad Apartments operates as an online marketplace for mid- to long-term furnished accommodations, targeting students, interns, and young professionals. The company was founded in 2013 by Ryan Blum and Brett Newman, who, after their own study abroad experiences, sought to create a more secure and streamlined process for finding student housing. The platform was reportedly inspired by a scam that highlighted the lack of transparency in the market.
The firm's business model serves as an intermediary between students and property owners. It generates revenue by facilitating the booking process; a student requests to book a property, and upon the landlord's approval, the student pays the first month's rent to Study Abroad Apartments, which holds the funds until the student moves in. This model is designed to protect both parties and ensure the listing is accurately represented. The company verifies all properties to prevent bait-and-switch scenarios, ensuring renters get what they booked online. Their clients include individual students and interns, as well as over 100 affiliated universities seeking reliable housing solutions for their program participants.
The platform allows users to search by city and dates to find furnished apartments and rooms. Beyond listings, the service provides 24/7 customer support and aims to build a community by often housing students in the same buildings. The company started with a focus on European cities in Spain, Italy, France, the UK, and the Czech Republic, along with New York City. The company went through the Dreamit Ventures accelerator program and has received venture funding. In March 2018, Study Abroad Apartments was acquired by Roomi, a flexible housing marketplace.
Keywords: student housing, study abroad accommodation, international student housing, furnished apartments, intern housing, mid-term rentals, long-term rentals, online rental marketplace, student lettings, verified properties, Ryan Blum, Brett Newman, Roomi, Dreamit Ventures, European student apartments, NYC intern apartments, student travel, university housing partnerships, online booking platform, accommodation for young professionals