Habyt funding boost of $42M aimed to change flexible housing

Revamp your urban dwelling experience with Habyt, a Berlin-based startup that's reinventing urban living. Fresh off securing a substantial €40M ($42M) Series C funding round, Habyt is all set to fuel your flexible living aspirations.

Here's why Habyt is making waves:

• Medium-term Stays Simplified: Ideal for digital nomads or those exploring a new city, Habyt specializes in stays typically ranging from six to nine months.

• Impressive Growth: Starting with a modest 5,000 apartments in 18 cities just a year ago, Habyt now proudly hosts 30,000 units across 50 cities.

• Digital-First Approach: You can discover and tour Habyt apartments online, and even handle all paperwork virtually. Say goodbye to antiquated house hunting!

• Expansion Plans: Backed by the new funding and global venture capital giants like Koreyla Capital and Deutsche Invest, Habyt aims to strengthen its tech platform and broaden its footprint across Europe, Asia, and North America.

• A Game-Changer in the Medium-Stay Market: Habyt is reshaping the medium-stay market, offering an alternative to fluctuating nightly charges and long-term leases.

• Financial Forecast: Habyt is on track to achieve company-wide profitability by 2024, even as the pandemic recovery continues.

Habyt has already acquired Singapore's Hmlet and New York's Common Living, and has even ventured into the hotel industry with a fully booked Berlin hotel. With this latest funding round, Habyt is poised for further growth.