hostU, a Chicago, IL-based medium-term rental platform curated for university students and faculty, received an equity investment from Thirteen Castles.
The amount of the deal was not disclosed.
The investment will enable the company to accelerate the development of its technology stack and strategically expand its marketplace throughout the United States and Europe.
Launched out of Northwestern University’s Entrepreneurship center, The Garage, by Bella Le Sage, Founder and CEO, hostU is a platform that facilitates medium-term shared housing rentals within the university community, connecting students and faculty in need of housing with those looking to sublet their space. A matching algorithm verifies university-affiliation and sends users direct matches based on preferences and needs. Once connected, guests and hosts can communicate and make arrangements through the platform.
FinSMEs
24/10/2023