MetroResidences - About the company
MetroResidences is a series A company based in Singapore (Singapore), founded in 2014 by James Chua and Lester Kang. It operates as an Online platform for business travelers to book serviced apartments. MetroResidences has raised $3.52M in funding from Rakuten Capital and 500 Durians. The company has 12 active competitors, including 3 that are funded. Its top competitors include companies like Rentberry, Discover ASR and Sheryna.
Company Details
MetroResidencs is an online platform for business travelers to book serviced apartments in Singapore, Japan, and Hong Kong. Enables users to search, compare and book serviced apartments on the platform after providing travel details. The company manages the properties themselves. Corporate clients include Samsung, STMicroelectronics, National Australia Bank among others.
- Website
- www.metroresidences.com/
- Email ID
- *****@metroresidences.sg
- Phone Number
- +65 **********
- Registered Address
- SERANGOON ROAD, Singapore, 218136
Key Metrics
Founded Year
2014
Location
Singapore, Singapore
Stage
Series A
Total Funding
$3.52M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 12 active competitors
Employee Count
29 as on Oct 31, 2026
Legal entities associated with MetroResidences
MetroResidences is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MR SINGAPORE PTE. LTD. UEN: 201504135N , Singapore, Active | Feb 11, 2015 | - | - |
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MetroResidences's funding and investors
MetroResidences has raised a total funding of $3.52M over 2 rounds. Its first funding round was on Jan 11, 2016. Its latest funding round was a Series A round on Mar 15, 2017 for $*****. 1 investor participated in its latest round. MetroResidences has 3 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of MetroResidences:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 15, 2017 | 8084542 | Series A | 3135216 | 9630782 | 4276485 | 9474436 |
Jan 11, 2016 | 5262162 | Seed | 9541702 | 5103164 | 3725564 |
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MetroResidences' founders and board of directors
Founder? Claim ProfileThe founders of MetroResidences are James Chua and Lester Kang.
Here are the details of MetroResidences' key team members:
- James Chua: Founder of MetroResidences. They serve on the board of 1 company.
- Lester Kang: Co-Founder of MetroResidences and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
MetroResidences' Board of Directors
MetroResidences's board has 2 active members. James Chua and Lester Kang are part of team.Here is the list of MetroResidences' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 8m | |
Team | - | Current | 11y 8m |
View details of MetroResidences's Founder profiles and Board Members
MetroResidences' employee count trend
MetroResidences has 29 employees as of Oct 26. Here is MetroResidences's employee count trend over the years:
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MetroResidences's Competitors and alternates
Top competitors of MetroResidences include Rentberry, Discover ASR and Sheryna. Here is the list of Top 10 competitors of MetroResidences, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rentberry 2015, San Francisco (United States), Series A | Provider of digital tools for managing rental properties and applications | $118M | 67/100 | |
2nd |  Discover ASR 1998, Singapore (Singapore), Unfunded | App-based platform for booking service apartment accommodations | - | - | 42/100 |
3rd | MetroResidences 2014, Singapore (Singapore), Series A | Online platform for business travelers to book serviced apartments | $3.52M | 38/100 | |
4th | Classified platform offering multi-category products | - | - | 24/100 | |
5th | Online platform for booking rental rooms | - | - | 23/100 | |
6th |  Digital Property Hub 2019, Singapore (Singapore), Series A | Platform providing verified real estate listings with direct buyer-to-seller communication | - | 23/100 | |
7th | Provider of a platform facilitating global connectivity and real estate listings management | - | - | 22/100 | |
8th | ShortTermRentals 2010, Singapore (Singapore), Deadpooled | AirBnB for real estate properties | - | - | 21/100 |
9th |  EZ Property 2012, Singapore, Unfunded | Provider of online portals listing residential properties for direct transaction | - | - | 19/100 |
10th |  Livethere Singapore 2022, Singapore (Singapore), Unfunded | Provider of home rental listing platform for residential properties | - | - | 16/100 |
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MetroResidences's Investments and acquisitions
MetroResidences has made no investments or acquisitions yet.
Reports related to MetroResidences
Here is the latest report on MetroResidences's sector:
News related to MetroResidences
•
Flexible housing platform Anyplace enters Southeast Asia, teams up with coliving operatorse27•Jan 12, 2020•Anyplace, MetroResidences, Outpost, Hustlers Villa - Coliving, Coworking & Café in Bali and 1 other
•
MetroResidences, the Airbnb for business travellers, launches in Hong Konge27•Feb 07, 2018•MetroResidences, Airbnb
•
•
Rakuten invests $2.8M in 'Airbnb for business travel' startup MetroResidencesTechCrunch+•Apr 10, 2017•MetroResidences, MetroResidences, Rakuten Capital
•
Serviced apartments startup MetroResidences secures S$4m for Asian expansionDeal Street Asia•Apr 09, 2017•MetroResidences, MetroResidences, Rakuten Capital
•
MetroResidences secures S$1m funding led by 500StartupsDeal Street Asia•Jan 11, 2016•MetroResidences, 500 Global, MetroResidences
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