Student.com

Last updated
Student.com
Student.com logo.png
Screenshot
Student.com Screenshot
Type of business Private
Founded2011
Area servedWorldwide
Founder(s) Luke Nolan, Shakil Khan, JP Jones
CEOLuke Nolan
Industry Real estate, Accommodation, Travel
Employees200
URL student.com

Student.com is a student accommodation marketplace that tries to help students find residential accommodations. [1] The company operates focusing on the student accommodation market, by connecting students to landlords; highlighted in a niche in the property market. [2] Student.com was founded by Luke Nolan in 2011 with Shakil Khan and John-Paul Jones joining in 2014. [3] The company is headquartered in Dubai, with offices in the UK, China, Hong Kong, USA, Australia and India. [4]

Contents

Company history

Inception

The company was initially founded in 2011 as Overseas Student Living by Luke Nolan. [5] [6] After working in China for several years, Nolan was regularly called upon by his Chinese friends to help recommend accommodation for students looking to study in the US, UK and Australia. Recognizing that many other individuals, especially students, were facing similar issues, Nolan realized that there was a potential market for an online student accommodation marketplace that could help in connecting students with trusted professional landlords for their accommodation needs. [7] [8] In 2014, he was joined by other co-founders Shakil Khan, who met Nolan 10-years earlier in Shanghai, and John-Paul Jones. [9] [10] The company rebranded itself as Student.com in 2015 to focus on expanding globally and hired a team of multilingual booking agents. [11] [12] [13]

Growth and funding

In 2015, the company saw $110 million in bookings, listed properties in 426 cities in proximity to 1,000 universities. [14] [15] The company raised combined Series B and C funding of $60 million in 2016 led by VY Capital, Horizons Ventures, Expa, Spotify founders Daniel Ek and Martin Lorentzon, and Hugo Barra of Xiaomi. [16] [17]

Products and features

The listings on Student.com are displayed on an interactive map subdivided by different neighborhoods. [18] The platform claim to help in the accommodation search for international students needing to secure a base for their studies from a distance. [19] The website assigns the user to a booking consultant, who contacts the student to verify their details, including choice of room, roommate, tenancy length, price and student status. The service is free for students and it takes its commission as a cut from bookings. [20] [21] In April 2016, Forbes revealed that billionaire investor, Jim Breyer invested an undisclosed amount in Student.com. [22]

Related Research Articles

<span class="mw-page-title-main">Sean Parker</span> American entrepreneur and philanthropist (born 1979)

Sean Parker is an American entrepreneur and philanthropist, most notable for co-founding the file-sharing computer service Napster, and was the first president of the social networking website Facebook. He also co-founded Plaxo, Causes, Airtime.com, and Brigade, an online platform for civic engagement. He is the founder and chairman of the Parker Foundation, which focuses on life sciences, global public health, and civic engagement. On the Forbes 2022 list of the world's billionaires, he was ranked No. 1,096 with a net worth of US$2.8 billion.

James W. Breyer is an American venture capitalist, founder and chief executive officer of Breyer Capital, an investment and venture philanthropy firm, and a former managing partner at Accel Partners, a venture capital firm. Breyer has invested in over 40 companies that have gone public or completed a merger, with some of these investments, including Facebook, earning over 100 times cost and many others over 25 times cost. On the Forbes 2021 list of the 400 richest Americans, he was ranked #389, with a net worth of US$2.9 billion.

Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.

Zomato is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in more than 1,000 Indian cities and towns, as of 2022–23. Zomato rivals Swiggy in food delivery and hyperlocal space.

<span class="mw-page-title-main">Udemy</span> American online learning platform

Udemy, Inc. is an education technology company, founded in May 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar. It is based in San Francisco, California, United States, with hubs in Denver, Colorado; Dublin, Ireland; Austin, Texas; Melbourne, Australia; İstanbul, Turkey, and Gurgaon, India.

<span class="mw-page-title-main">Xiaomi</span> Chinese electronics company

Xiaomi Corporation, commonly known as Xiaomi, is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, automobiles and household hardware, with headquarters in Beijing, China. It is the second-largest manufacturer of smartphones in the world, behind Samsung, most of which run on the MIUI operating system. The company is ranked 338th and is the youngest company on the Fortune Global 500.

<span class="mw-page-title-main">Uniplaces</span>

Uniplaces is an online marketplace for booking student accommodation. Based in Lisbon, the platform was founded in 2012 by Miguel Amaro, Mariano Kostelec and Ben Grech. As of October 2015, students from over 140 countries have booked with Uniplaces for a total of more than 500,000 nights.

CircleUp is a financial technology company based in San Francisco that focuses on consumer goods startups. Since its official launch in April 2012, CircleUp has helped several consumer companies raise equity, including Back to the Roots, Halo Top Creamery, Little Duck Organics, Rhythm Superfoods and others. General Mills has an investment fund that is partnered with CircleUp to invest in companies listed on the platform.

<span class="mw-page-title-main">Hurb</span> Brazilian online travel agency

Hurb Founded in January, 2011 by João Ricardo Mendes, Hurb was valued at R$ 2.6 billion or approximately US$590 million when Booking Holdings purchased a small percentage for US$60 million in 2016. Its headquarters are in the city of Rio de Janeiro, Porto and Montreal.

SoFi Technologies, Inc. is an American personal finance and fintech company founded at Stanford University in 2011. It offers loans, credit cards, investing, insurance and banking products, while also serving financial institutions via its tech platform. SoFi reports 8.8M clients and 158M platform accounts as of 2024.

Blockchain.com is a cryptocurrency financial services company. The company began as the first Bitcoin blockchain explorer in 2011 and later created a cryptocurrency wallet that accounted for 28% of bitcoin transactions between 2012 and 2020. It also operates a cryptocurrency exchange and provides institutional markets lending business and data, charts, and analytics.

Carwow is an online marketplace for buying and selling cars. It uses the reverse marketplace model to remove the need for customers to negotiate with dealers when buying or selling their cars. When buying a new car, users choose the car they want, along with the various specifications and features, and then receive offers directly from dealers. When selling a car, users upload some basic details about their car, after which different car dealers are invited to bid to buy the car directly from them. It also provides information to prospective purchasers and gives feedback on rogue dealers. The company has a YouTube page, run by motor journalist and Carwow's Chief Content Officer Mat Watson, where different cars are reviewed.

OYO Rooms, also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. As of January 2020, it has more than 43,000 properties and 1 million rooms across 800 cities in 80 countries.

<span class="mw-page-title-main">Unbabel</span> Artificial intelligence-powered human translation platform

Unbabel is an artificial intelligence-powered human translation platform. The company has headquarters in Lisbon, Portugal, and San Francisco, California.

<span class="mw-page-title-main">Handy Technologies</span> American home services marketplace company

Handy Technologies, Inc. is an online two-sided marketplace for residential cleaning, installation, and other home services. Founded in 2012 in Cambridge, Massachusetts, the now New York–based company operates services in United States, United Kingdom, and Canada. The company was acquired by ANGI Homeservices in October 2018.

<span class="mw-page-title-main">Monese</span> British financial services company

Monese is a British company that offers current accounts and money transfer services as an alternative to traditional banks. The mobile-only service provides accounts in Pounds sterling, Euros and Romanian leu, and is available in 31 countries across the European Economic Area. As of January 2020, it has over 2 million customers.

<span class="mw-page-title-main">Cadre (company)</span> New York-based technology company

Cadre is a New York–based financial technology company that provides individuals and institutions direct access to real estate investment properties, including commercial properties. The business and financial press describe it as a platform that "makes the real estate market more like the stock market" by allowing investors to select the individual transactions in which they participate, while investing a smaller amount than would be required to fully fund a transaction. For example, 12 institutional investors participated in a $60 million office building purchase. The firm was named to Forbes' "FinTech50" for 7 years in a row starting in 2016. In 2019, Cadre was the cover story of the Forbes "FinTech 50" issue. In 2018, a partnership with Goldman Sachs was announced through which Goldman Sachs' private wealth clients committed at least $250 million (USD) real estate investments through Cadre. In 2020, Cadre announced its "Direct Access" fund intended to include smaller investors with a $400 million target raise. The company also offers a managed portfolio service and a real estate secondary market, as well as a cash holdings account called "Cadre Cash". The company has announced plans to address racial injustice in the United States by investing at least 10% of its Direct Access fund investments with minority-owned operators and increasing its cash held in black-owned banks.

<span class="mw-page-title-main">Preply</span> Educational platform

Preply is an online language learning marketplace, connecting tutors to hundreds of thousands of learners in 180 countries worldwide. More than 35,000 tutors teach over 50 languages, powered by a machine-learning algorithm that recommends the best tutors for each learner.

Xfund is an American venture capital firm with offices in Palo Alto, California and Cambridge, Massachusetts. It provides early-stage venture capital to entrepreneurs across multiple disciplines. Xfund was founded as the Experiment Fund in 2012 as a partnership between the venture capital companies New Enterprise Associates, Accel Partners, Breyer Capital, and Polaris Partners. Anchored at Harvard University’s School of Engineering and Applied Sciences (SEAS), it was established to make seed-stage investments in startups developed at Harvard and MIT, although the fund has been open to all founders regardless of university affiliation from the start. In 2014 the fund formally renamed itself Xfund, and raised $100 million in a second fund, Xfund 2. A third fund in 2020 raised $120 million. The first investor in most of its portfolio companies, Xfund's partners have invested companies such as 23andMe, Kensho, Gusto, Plaid, Robinhood, Patreon, Andela, and Philo.

PT Trinusa Travelindo, operating as Traveloka is an Indonesian technology company focused on travel and ticketing. Operating a services website of the same name and based out of Jakarta, Indonesia, Traveloka is active in six countries, and in 2022 remained the largest online travel app in Southeast Asia. Founded in 2012 as a travel search engine, it now also offers services such as attraction tickets, activities, transportation rentals, and restaurant vouchers. It also provides financial services such as credit and insurance. Classified as a unicorn company and regarded as functionally similar to Expedia, in 2022 it was valued approximately at US$3 billion.

References

  1. ↑ Steven Bertoni. "Tech Investors from Spotify, Xiaomi, VY Capital and Horizons Bet On Study Abroad Site Student.com". Forbes . Retrieved 26 February 2016.
  2. ↑ Natasha Lomas. "Student.com Bags $60M To Grow The Reach Of Its Student Digs Marketplace". Techcrunch . Retrieved 26 February 2016.
  3. ↑ Arjun Kharpal. "'Booking.com for students' raises $60M". CNBC . Retrieved 26 February 2016.
  4. ↑ "Student.com Expands Global Footprint to India". www.businesswire.com. 2020-03-02. Retrieved 2020-04-13.
  5. ↑ Henry Williams. "Accommodation booking platform Student.com clinches $60m". Startups.co.uk. Retrieved 26 February 2016.
  6. ↑ Daniel McDonald. "Accommodation marketplace Student.com has raised $60 million". Dailynewsx. Archived from the original on 6 March 2016. Retrieved 26 February 2016.
  7. ↑ "Student.com secures $60m investment in round led by VY Capital". Dealstreetasia. Retrieved 26 February 2016.
  8. ↑ "60 εκατ. δολ. για το Student.com, ένα marketplace εύρεσης φοιτητικής στέγης". Emea.gr. Retrieved 26 February 2016.
  9. ↑ Natalie Marsh. "Student.com raises $60m to build global accommodation reach" . Retrieved 26 February 2016.
  10. ↑ Clément Bohic. "Student.com lève 60 millions de dollars : merci la Net-économie" . Retrieved 26 February 2016.
  11. ↑ Paul Sawers. "Student.com raises $60M (and its profile) to help international students find somewhere to live". VentureBeat . Retrieved 26 February 2016.
  12. ↑ Yon Heong Tung. "Xiaomi VP, Spotify Founders join US$60M investment in Student.com" . Retrieved 26 February 2016.
  13. ↑ "李嘉诚等投资Student.com 涉资4.7亿元". Sohu.com . Retrieved 26 February 2016.
  14. ↑ "Property site Student.com gets $60m in funding". Archived from the original on 27 May 2017. Retrieved 26 February 2016.
  15. ↑ Kristijan Lucic. "Spotify Founders & Xiaomi VP Invest In Student.com" . Retrieved 26 February 2016.
  16. ↑ "Student.com Raises $60m Investment Round". Red Herring . Retrieved 26 February 2016.
  17. ↑ "STUDENT.COM SCORES $60M FOR ITS STUDENT DIGS PLAY" . Retrieved 26 February 2016.
  18. ↑ "Student.com亮相中国 留学住哪儿不用愁". Sina . Retrieved 26 February 2016.
  19. ↑ "Die besten Studentenbuden im Ausland: 60 Millionen Dollar für Student.com" . Retrieved 26 February 2016.
  20. ↑ Jeremy Kahn. "Website to Help Students Find Homes Gets $60 Million". Bloomberg . Retrieved 26 February 2016.
  21. ↑ "Student.com Secures $60M From Spotify And Its Backers". Pymnts. Retrieved 26 February 2016.
  22. ↑ Steven Bertoni (13 April 2016). "Student.com Scores Powerful Silicon Valley Connection With Breyer Capital Investment". Forbes. Retrieved 15 May 2016.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.