Badi Secures €7 Million in Funding Round to boost its housing rental platform

Funding Rounds

Summary

Badi, a housing rental platform, secured 7 million in a recent funding round. This agreement supports Badis direct housing management line, involving the renovation and rental of properties.Badi facilitates renting entire apartments and individual rooms. Badi Plus, launched two years ago, offers premium furnished room rentals and currently manages over 300 beds, targeting 800 by year-end. The newly launched Badi Getaway focuses on operating hotel and mid-stay assets outside urban areas.Carlos Pierre, Badis CEO, stated that the new investment and partnership with Banco Santander validate their vision and provide resources for growth. Javier Rubi\xf3 of Barlon Capital expressed confidence in Badis positive EBITDA and sustainable growth, highlighting their commitment to supporting Badis ambitious expansion plans.

$ Funding

$
Amount $2.2M Total raised
Date June 10, 2024 Announcement date
Investors - Lead investors
Company https://www.badi.com Funded company

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industries
Travel
applications
Transportation, Logistics & Inventory

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