Nestpick

Last updated
Nestpick
Company typeOnline platform
IndustryReal Estate
Founded2016, Berlin, Germany
FounderOmer Kucukdere
Anil Yeni
Headquarters Berlin
Key people
Omer Kucukdere (CEO)
Website www.nestpick.com

Nestpick is an online platform for on-demand housing; month to month rentals of furnished apartments & rooms, operating worldwide. The website shows rooms and student accommodation. Offers from many international providers are aggregated on the Nespick website.

Contents

nestpick previous logo Nestpick company logo.jpg
nestpick previous logo

History

Nestpick was founded in Rotterdam in 2014 by German entrepreneur Fabian Dudek and Dutch tech entrepreneur Peter Hofman. Together with co-founder and CTO Peter Hofman they built the foundation of Nestpick and in December 2014 Dr. Patricia Moubarak joined Nestpick as COO and co-founder.

The company experienced rapid expansion since its founding, culminating in Dudek winning two awards for young entrepreneurs in the Netherlands, [1] and an investment from Berlin-based startup incubator Rocket Internet. [2] [3] The company subsequently moved from Rotterdam to Berlin. Nestpick added more cities and countries to its platform, [4] [5] resulting in a total of 25 cities and 8 countries in which the company offered its services. [6]

Towards the middle of 2015, the company was restructured and began implementing a growth strategy. On 2 November 2015, Nestpick closed its Series A funding, receiving €11 million USD from Mangrove Capital Partners, Target Global [7] and Rocket Internet. [8]

In April 2016, nestpick made 46 of its 66 employees redundant. [9] Fabian Dudek [10] and Patricia Moubarak [11] left the company shortly afterwards, and the management of the company was passed over to Rocket Internet. Ömer Can Kücükdere (former managing director of Clickbus) became the CEO of Nestpick in August 2016. [12] Since then the business model of Nestpick has changed to its current one, being an international platform for furnished apartment rentals optimized specifically for expats and international students but also suitable for anyone wanting to rent month to month furnished apartments.

Concept

Nestpick brings together mid- to long-term furnished properties providers and their international clientele on a metasearch engine, where furnished rentals can be easily compared. Providers advertise real estate properties on a pay-per-click basis or pay-per-lead basis. The company aims to streamline the rental process, allowing the tenant to rent a property safely from anywhere in the world without first viewing it in person. Nestpick also provides information on its website about the cities it operates in.

Nestpick Studies

Studies directed so far, compare cities with respect to LGBT friendliness, [13] attractiveness to millennials [14] and allure for professionals looking to work in startups. This is aimed at providing a more comprehensive image of an unknown city compared to other international cities, in the interest of anyone looking to relocate. In 2021, Nestpick released the Vegetarian Cities Index that ranks cities based on availability of vegetarian cuisine. [15]

References

  1. ↑ "Nestpick wins LOEY awards". Erasmus Centre for Entrepreneurship. 29 October 2014. Retrieved 2021-09-11.
  2. ↑ Auchard, Eric (December 16, 2014). "Rocket Internet backs rental start-up looking to replace realtors". Reuters– via www.reuters.com.
  3. ↑ "Nestpick: Rocket Internet bringt Airbnb-Rivalen in Deutschland an den Start | t3n". t3n.de. Archived from the original on 2015-02-10.
  4. ↑ "Rental Booking Platform Nestpick launches in UK, France, Spain and Italy today". Archived from the original on 2015-09-30. Retrieved 2015-10-09.
  5. ↑ Ohr, Thomas (December 16, 2014). "nestpick, a platform for verified rental booking, starts its European expansion". EU-Startups. Retrieved 2021-09-11.
  6. ↑ Richters, Kim (2021-03-24). "Rockets Wohnungsvermittler Nestpick expandiert weiter". Business Insider. Retrieved 2021-09-11.
  7. ↑ "Target Global eröffnet Berliner Büro". Gründerszene Magazin. 18 February 2016. Retrieved 2016-02-18.
  8. ↑ O'Hear, Steve. "Rocket Internet-Backed Nestpick Raises $11M To Move Entire Rental Process Online". TechCrunch. Retrieved 2015-11-02.
  9. ↑ "Steht Nestpick vor dem Aus? (German)". Gruenderszene. 29 April 2016. Retrieved 2016-09-01.
  10. ↑ "Auf Druck der Investoren? Gründer Fabian Dudek verlässt Nestpick (German)". Gruenderszene. 6 June 2016. Retrieved 2016-09-01.
  11. ↑ "Nach den Kürzungen – die Geschäftsführerin verlässt Nestpick (German)". Gruenderszene. 3 June 2016. Retrieved 2016-09-01.
  12. ↑ O'Hear, Steve. "With founders out, Rocket-backed Nestpick reboots as apartment rentals aggregator | TechCrunch" . Retrieved 2017-08-04.
  13. ↑ "Best LGBT Cities 2017 Ranking | Nestpick". www.nestpick.com. Retrieved 2017-08-04.
  14. ↑ "Best Cities for Millennials 2017 – World Ranking | Nestpick". www.nestpick.com. Retrieved 2017-08-04.
  15. ↑ Thompson, Zac. "Cities With the Best Options for Vegetarian Travelers: A Global…". Frommers. Retrieved 2025-04-22.
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