hostU Closes Second Round
Summary
hostU, a Chicago, IL-based sublet marketplace for university students, closed its second fundraising round.The round was led by a single-family office based in Atlanta and included Edwin Marcials Thirteen Castles, which led hostUs initial financing round, as well as Ryan Kalil, Mark Wassersug, Pat Breen, and Phillip Hight.The company intends to use the funds to expand into key markets nationwide, develop an AI-driven data engine, and enhance its technology platform.Led by Bella Le Sage, Founder and CEO, hostU facilitates secure sublets within the university community with its matching algorithm that pairs guests with hosts based on preferences and needs, notifying them of potential matches.
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