The Spanish proptech startup Badi has very recently raised $30 million to accelerate further growth. This new funding round, which brings Badi’s total amount of funding to about $45 million, was led by the Silicon Valley-basd VC firm GoodWater Capital and joined by Spark Capital, Mangrove Capital and Target Global. Also interesting to note is that GetYourGuide co-founder and COO Tao Tao is joining the startup’s advisory board.
Founded in 2015, Badi helps students and young people to find a nice place to live, or on the other side, they help you find the perfect roommate according to age, interests and other things. All of this is done without real estate agents and their high fees. The proptech startup uses artificial intelligence to connect the best fitting profiles, both for roommates and rooms.
In the beginning of 2017, we mentioned Badi both as one of the 10 Barcelona-based, and 10 startups to watch in 2017. In 2018 then, Badi surpassed 1 million users, expanded into London, Paris, Amsterdam and Rome, and currently lists more than 120,000 rooms on their platform. Also, they unveiled a new brand identity last year. More info about that can be found in the video below: