Uniplaces, a London, UK-based student accommodation website, raised over £700k in seed funding.
The round was led by Octopus Investments, with participation from angel investors Alex Chesterman (Founder and CEO of Zoopla Property Group) and William Reeve (Chairman of Graze.com).
The company intends to use the funds to expand in other geographical regions.
Co-founded by Ben Grech, Uniplaces provides a booking platform for student accommodation, marketing a wide variety of properties from privately rented accommodation to professionally managed student residences.
The company first launched in Lisbon in 2012, backed by Shilling Capital Partners alongside Mr Chesterman and Mr Reeve, with the website expanding to include London – now its headquarters – in June 2013.
It already has more than 6,000 rooms listed in London and has placed hundreds of students looking for a place to stay.
FinSMEs
11/11/2013