Wunderflats

Wunderflats

Furnished apartments for 1 month or longer | Housing as a service platform.

HQ location
Berlin, Germany
Launch date
Employees
Enterprise value
$36—54m
Company register number
HRB 164572 B (Charlottenburg (Berlin))
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Late VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2016201720182019202020212022
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Wunderflats
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Wunderflats GmbH operates as a digital marketplace specializing in temporary furnished housing, targeting a clientele in need of mid-term rental solutions for periods of one month or longer. The company was established in 2015 by Jan Hase and Arkadi Jampolski, who currently serve as its managing directors. The founders' journey began during their studies when they experienced the difficulties of finding flexible, furnished housing firsthand, which directly inspired the creation of the platform. Jampolski, with a background in business administration, and Hase, with experience in the startup ecosystem, combined their expertise to address this market gap.

The platform functions as an intermediary, connecting landlords and property managers with individuals and corporate clients seeking temporary accommodation. Its primary market consists of professionals, students, and expatriates relocating for work or projects who require a more flexible and convenient alternative to traditional long-term leases or expensive hotels. Wunderflats streamlines the rental process by offering verified listings, standardized rental agreements, and secure online payment processing, aiming to provide a seamless digital experience. The business model generates revenue by charging a commission-based service fee to landlords for successful bookings made through the platform. For tenants, the service simplifies the search and booking process for move-in-ready apartments.

Wunderflats' service offering is centered on its online platform, which lists a wide range of furnished apartments across major cities in Germany and has expanded its presence to other European locations like Vienna and Paris. A key feature is the verification of all listings to ensure quality and reliability for tenants. For landlords, the company provides support services that include creating professional listings with high-quality photographs, managing bookings, and handling tenant communication, thereby reducing the administrative burden of renting out properties. The company has secured significant funding to fuel its growth, including a $21 million Series C round in 2022 led by Verdane, demonstrating investor confidence in its business model and expansion strategy.

Keywords: furnished rentals, temporary housing, corporate housing, mid-term rentals, property technology, real estate marketplace, relocation services, serviced apartments, digital rental platform, housing-as-a-service

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