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Blueground Inks $45M Series D Round

NEW YORK, NY, Blueground, the largest global operator of furnished, flexible rentals for 30+ day stays, today announced that it has secured $45 million in Series D funding.
The raise includes investments from new investor Susquehanna Private Equity Investments, LLLP (Susquehanna), along with other notable investors including WestCap. In addition, Blueground raised a debt facility from Barclays with participation from Morgan Stanley, Deutsche Bank and HSBC, which replaced its prior facilities with Silicon Valley Bank (SVB). The capital will be used to accelerate the development of Blueground's technology and new strategic initiatives, fueling the company's continued growth.

Blueground is a global PropTech company that is reinventing the way people live with its curated network of thousands of quality, turnkey homes in sought-after neighborhoods around the globe, available for stays of a month or longer. Blueground's tech-enabled platform provides a fully digitized experience from viewing and booking available apartments within minutes to managing the entire stay through the Blueground Guest App. Now renters can book where they want, when they want, and on the terms they want. Blueground is headquartered in New York City, with a portfolio of over 15,000 move-in ready apartments in 32 cities worldwide.
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