Flexliving Secures €1.6 Million Funding for Strategic Expansion in Corporate Housing

Ruthvik

Dec 20,23

2 mins read

Paris-based startup Flexliving, a trailblazer in flexible housing for mobile professionals, successfully raises €1.6 million to fuel its ambitious plan of doubling its real estate portfolio to 700 units by the end of 2024.

Accelerated Growth for Flexliving

Flexliving, having entered the corporate housing market just a year ago with an initial fundraising round, has reached a significant milestone with a recent funding injection of €1.6 million. This funding round, supported by influential investors such as Clément Alteresco, founder of Morning, and Henri de Lorgeril from Avizio, aims to propel the startup’s growth trajectory.

Strategic Investment and Expertise

This funding round includes participation from a group of esteemed business angels, including founders from successful startups like GetAround, Unkle, Playplay, BackMarket, and Spendesk. Beyond capital, these investors bring invaluable expertise and a well-connected network to the table.

Expansion Plans with Three Unique Solutions

Flexliving is set to accelerate its growth, aiming to double its real estate portfolio from the current 350 units to 700 by the end of 2024. The startup distinguishes itself with three unique solutions catering to the needs of mobile professionals: FlexHouse, FlexQuarters, and HyperFlex. Each of these offerings provides a flexible alternative to traditional housing methods.

  • FlexHouse: Turnkey functional accommodations offering comfort and privacy.
  • FlexQuarters: A corporate co-living solution fostering team cohesion and individual privacy.
  • HyperFlex: A subscription model allowing employees to book rooms across a pool of properties in Paris, providing flexibility and autonomy.

Quality Partnerships for Seamless Growth

Flexliving has strategically partnered with renowned real estate companies, including Gecina, Primonial REIM, and BNP REIM, to ensure access to quality properties in strategic districts of Paris. These partnerships not only facilitate rapid growth but also leverage the expertise, network, and credibility of established players in the real estate sector.

Towards International Expansion

With a solid business model and success in Paris, Flexliving is eyeing international expansion. Co-founders are considering cities like Barcelona, Milan, Brussels, or Madrid, aiming to establish Flexliving as a leading European brand in the corporate housing sector.

Flexliving: Redefining corporate housing with flexibility, comfort, and strategic growth.


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