Habyt Successfully Secures €40 Million Funding for Growth

Habyt Secures €40 Million in Financing

Leading the charge in the flexible housing market, Habyt has achieved significant milestones with the successful closure of a financing deal worth 40 million EUR. This remarkable funding, led by Mars Growth Capital in collaboration with Liquidity Group and MUFG, is set to play a crucial role in bolstering Habyt's global expansion strategy.

Vision and Purpose of Habyt

Established in 2017, Habyt has emerged as a frontrunner in providing flexible living spaces across the globe. With a diverse range of options from co-living arrangements to luxurious single-bedroom flats, they cater to various preferences and lengths of stay, establishing their presence in more than 50 cities across three continents.

CEO's Insights on Growth Potential

Luca Bovone, the Founder and CEO of Habyt, emphasized that this capital infusion reflects their commitment to not only maintaining but enhancing their market position through potential acquisitions. He remarked, "Our flexible living solutions resonate well with the increasing demand for adaptable housing options, especially in urbanized areas. The efficiency displayed by Liquidity Group in the funding process has been commendable, and we are poised to make strategic advancements that bolster our profitability."

Financial Growth and Future Portfolio Additions

Habyt's recent financial trajectory showcases impressive revenue growth and an accelerated path towards achieving cash flow positivity. They are actively pursuing additional EBITDA-generating portfolios and are currently assessing various opportunities with an aim to finalize at least one acquisition by year-end.

Liquidity Group's Role and Partnership

Liquidity Group, recognized for its AI-driven asset management strategies, is also capitalizing on the burgeoning opportunities within the European market. Their commitment to Habyt and their financial backing exemplifies a robust partnership aimed at fostering sustainable growth and profitability.

Global Strategy and Investor Base

Habyt has been strategically aligning itself with Europe's leading venture capital firms, positioning itself to leverage the depth of experience and financial acumen of its investor base. The support from such distinguished backers is vital for Habyt's ambitious growth ambitions in the dynamic real estate landscape.

About Habyt

At its core, Habyt’s mission is clear: to simplify the housing process for all. With over 30,000 residential units at their disposal, the company’s aim is to ensure that everyone has access to quality housing solutions worldwide. Their unique digital-first approach further enhances the user experience, making it easier for both tenants and landlords to navigate the housing market efficiently.

Future Outlook

With the recent funding, Habyt is well-positioned to embark on its next stages of growth, aimed at expanding further into both established and emerging markets. The flexible living solutions it offers not only are in high demand but also align with the evolving preferences of modern urban dwellers, making Habyt a pivotal player in the real estate sector.

Frequently Asked Questions

What is Habyt's primary business focus?

Habyt specializes in providing flexible living spaces, including co-living and short-term rental options, across global markets.

How much funding did Habyt recently secure?

Habyt successfully closed a financing deal worth 40 million EUR to support its expansion goals.

Who are Habyt's partners in the recent financing?

The financing was led by Mars Growth Capital, in collaboration with Liquidity Group and MUFG.

When was Habyt founded?

Habyt was established in 2017 and has rapidly grown to serve a wide range of customers globally.

What are Habyt's future plans following this funding?

The company aims to pursue strategic acquisitions and enhance its market presence while focusing on profitability.

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