Blueground - About the company
Blueground is a series D company based in New York City (United States), founded in 2013 by Alex Chatzieleftheriou, Penny Papakonstantinou, Alexandre Devoucoux Du Buysson and Kurtulus Cumhur Korkmaz. It operates as a Provider of furnished apartment rental platform for flexible mid‑ to long‑term stays. Blueground has raised $274M in funding from investors like Venture Friends, WestCap and Prime Ventures, with a current valuation of $750M. The company has 302 active competitors, including 56 funded and 34 that have exited. Its top competitors include companies like Landing, Bungalow and Travelio.
Sectors and market segments that Blueground operate in
Blueground serves in the Real Estate and Construction Tech market segments.The primary business model of Blueground is:Company Details
Provider of furnished apartment rental platform for flexible mid‑ to long‑term stays. The company offers professionally managed, fully furnished apartments available for stays starting at approximately one month. It enables users to search listings, book digitally, and manage check-in through an integrated guest app. Apartments are equipped with high-speed Wi‑Fi, kitchenware, linens, and smart entertainment setups, and support flexible leases and extensions. The platform includes responsive customer support via app messaging and in-person services.
- Website
- www.theblueground.com/
- Email ID
- *****@theblueground.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Series D
Total Funding
$274M in 13 rounds
Latest Funding Round
Post Money Valuation
$750M as on Mar 28, 2024
Investors
Ranked
1st among 302 active competitors
Employee Count
807 as on Apr 30, 2026
Legal entities associated with Blueground
Blueground is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BLUEGROUND HOUSING BELGIUM CIN: 0777.766.784 , Belgium, Active | Nov 26, 2021 | - | - | - |
BLUEGROUND SOLE INDIVIDUAL PRIVATE EQUITY COMPANY CIN: 124745003000 , Greece, Active | Jan 04, 2013 | $24.8M (As on Dec 31, 2023) | - | - |
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Blueground's funding and investors
Blueground has raised a total funding of $274M over 13 rounds. Its first funding round was on Sep 14, 2015. Its latest funding round was a Conventional Debt round on Mar 28, 2024 for an undisclosed amount. 4 investors participated in its latest round. Blueground has 19 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Blueground:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 28, 2024 | Undisclosed | Conventional Debt | - | - | - | |
Mar 28, 2024 | $45M | Series D | $750M | - | - | |
Nov 28, 2022 | Undisclosed | Series C | - | - | - |
View details of Blueground's funding rounds and investors
Blueground's founders and board of directors
Founder? Claim ProfileThe founders of Blueground are Alex Chatzieleftheriou, Penny Papakonstantinou, Alexandre Devoucoux Du Buysson and Kurtulus Cumhur Korkmaz. Alex Chatzieleftheriou is the CEO of Blueground.
Here are the details of Blueground's key team members:
- Alex Chatzieleftheriou: Co-Founder & CEO of Blueground. They are also an angel investor in 1 startup.
- Penny Papakonstantinou: Co-Founder - General Manager ATH of Blueground.
- Alexandre Devoucoux Du Buysson: Co-founder & General Manager - France of Blueground.
- Kurtulus Cumhur Korkmaz: Co-Founder of Blueground. Contact Info: 1 email address
Blueground's Board of Directors
Blueground's board has 5 active members. Alexandros Chatzieleftheriou is part of team and Apostolos Apostolakis, Kevin Patrick Ryan, Jonathan Poulin and Thijs Emondts are independent board members.Here is the list of Blueground's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 5m | |
Independent board member | - | Current | 9y 1m | |
Independent board member | - | Current | 7y 1m | |
Independent board member | - | Current | 3y 0m | |
Independent board member | - | Current | 3y 2m |
View details of Blueground's Founder profiles and Board Members
Blueground's employee count trend
Blueground has 807 employees as of Apr 26. Here is Blueground's employee count trend over the years:
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Blueground's Competitors and alternates
Top competitors of Blueground include Landing, Bungalow and Travelio. Here is the list of Top 10 competitors of Blueground, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blueground 2013, New York City (United States), Series D | Provider of furnished apartment rental platform for flexible mid‑ to long‑term stays | $274M | 76/100 | |
2nd | Landing 2019, San Francisco (United States), Series C | Online platform that provides managed apartments | $305M | 71/100 | |
3rd | Bungalow 2017, San Francisco (United States), Series C | Provider of managed co-living spaces | $150M | 68/100 | |
4th | Online marketplace for managed apartments & vacation rentals | $24M | 61/100 | ||
5th | Provider of fully furnished rental homes and shared living spaces | $2.83M | 60/100 | ||
6th | Provider of fully furnished, managed coliving spaces and serviced apartments | $13.7M | 57/100 | ||
7th | Provider of branded accommodations | $2.12B | 55/100 | ||
8th | Moving Doors 2022, Limassol (Cyprus), Acquired | Online platform offering managed home rentals booking services | $1.27M | 51/100 | |
9th | Vacation rentals managed under own brand | $28M | 51/100 | ||
10th | Flow Life 2018, United States, Series B | Offers an online platform providing managed home rental services | $450M | 50/100 |
Looking for more details on Blueground's competitors? Click here to see the top ones
Blueground's Investments and acquisitions
Blueground has made 1 investments in companies including Tabas. Blueground has also acquired 3 companies including Nestpick and Travelers Haven.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 30, 2023 | Acquisition | 2014 | Berlin (Germany) | |
Feb 16, 2023 | Acquisition | 2008 | Denver (United States) | |
Nov 17, 2022 | Acquisition | 2020 | Sao Paulo (Brazil) |
See all acquisitions by Blueground
Reports related to Blueground
Here is the latest report on Blueground's sector:
News related to Blueground
Media has covered Blueground for 1 event in last 1 year, It was about partnerships.
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PropTech Startup Blueground Accused of Price Gouging During LA FiresPYMNTS.com•Feb 05, 2025•Blueground
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Blueground Raises $45 Million Series D to Lead the Market for Furnished, Flexible Rentals for 30+ Day StaysBusiness Wire•Mar 28, 2024•Blueground, HSBC, Deutsche Bank, Morgan Stanley and 6 others
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Japan's Mitsubishi Estate plans 10,000 homes for 'digital nomadsNihon Keizai Shimbun•Dec 30, 2023•Mitsubishi Estate, Blueground
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Blueground acquires furnished residential rental platform Nestpickegirisim•Jun 15, 2023•Blueground, Nestpick
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Blueground buys Nestpick and launches Partner NetworkShortTermRentalz•May 30, 2023•Blueground, Nestpick
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Rental proptech company BlueGround sees good growth prospects in SpainAIM Group•Apr 04, 2023•Blueground
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