Archive:Spotahome (platform)
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Spotahome is a Spanish online marketplace for medium- and long-term residential rentals. The platform lists apartments, rooms and student residences for stays of at least 30 days, which tenants book without an in-person viewing, relying instead on videos, 360-degree photographs and floor plans produced by inspectors.[1][2]
History
Spotahome was founded in 2014 by Alejandro Artacho of Spain, Bruno Bianchi of Argentina and Italy, Hugo Monteiro of Portugal and Bryan McEire of Costa Rica.[1][3][4]
In 2016, the company won the startup competition at South Summit in Madrid.[5] In October 2017, Spotahome raised US$16 million in a round led by Passion Capital and Seaya Ventures, bringing its total funding to $25 million.[6][7] At the time, it operated in 16 cities in nine countries and listed about 40,000 properties.[1][8]
In March 2018, Spotahome acquired Erasmusu, an online community for international students founded in Murcia.[9][10][11] In June 2018, the company closed a $40 million Series B round led by Kleiner Perkins,[12] with participation from Passion Capital and Seaya Ventures.[9][13][3] By then the platform listed more than 50,000 properties in 33 cities across 17 countries.[9]
In September 2019, the company opened an office in Lisbon and appointed Miguel Costa as general manager for Portugal.[2] In October 2021, Spotahome raised €25 million (about $29 million) in a round joined by Mundi Ventures, taking total funding past $92 million. The company become profitable in the third quarter of 2021.[14]
In January 2026, co-founder Alejandro Artacho stepped down as chief executive. He was succeeded by Eduardo Garbayo, a former Boston Consulting Group consultant and BBVA executive who had previously served as the company's general manager for Iberia and chief operating officer. The company had revenue of more than €17 million for 2025.[15][16]
Operations
The platform mainly serves international students, relocating workers and remote professionals.[9] Each listing is visited by a homechecker who records a video tour, takes photographs and draws a floor plan. Booking and payment are handled online.[1][13]
Portugal
Spotahome entered Portugal in 2018 after acquiring Erasmusu, and by August that year listed more than 500 properties in Lisbon and about 100 in Porto.[3] By January 2022, it listed about 6,000 properties in Lisbon, Porto and Coimbra and had recorded more than 12,000 bookings in the country, 47 percent of them by students.[17][18] In 2023, it launched Spotahome Plus in Portugal. The service guarantees rent payment to landlords, covers up to two months of damage, and lets tenants book without a deposit.[19] Portuguese media have grouped Spotahome with other mid-term rental platforms such as Inlife and Flatio.[17]
France
In 2018, Spotahome operated in Paris, Lyon and Lille, with more than 2,400 properties listed in France.[9]
See also
References
- ↑ 1.0 1.1 1.2 1.3 "Spotahome, 16 millions de dollars pour louer un appartement en ligne sans le visiter" (in fr). 17 October 2017. https://www.frenchweb.fr/spotahome-16-millions-de-dollars-pour-louer-un-appartement-en-ligne-sans-le-visiter/306073.
- ↑ 2.0 2.1 Bandeira, Mariana (4 September 2019). "Espanhola Spotahome vai abrir escritório em Lisboa" (in pt). O Jornal Económico. https://jornaleconomico.sapo.pt/noticias/espanhola-spotahome-vai-abrir-escritorio-em-lisboa-485837/.
- ↑ 3.0 3.1 3.2 "Spotahome faz check-in em Lisboa após investimento de Silicon Valley" (in pt). 7 August 2018. https://linktoleaders.com/spotahome-lisboa-silicon-valley/.
- ↑ Kennedy, John (2017-12-18). "Spotahome opens the door to a world of real-estate possibilities" (in en-GB). Silicon Republic. https://www.siliconrepublic.com/start-ups/spotahome-real-estate-ecommerce.
- ↑ "El South Summit 2016 cierra con Spotahome como startup ganadora" (in es). 2016. https://www.itespresso.es/south-summit-2016-cierra-spotahome-startup-ganadora-156765.html.
- ↑ "Rental Property Site Spotahome Gets $40 Million for Expansion" (in en). Bloomberg.com. https://www.bloomberg.com/news/articles/2018-06-06/rental-property-site-spotahome-gets-40-million-for-expansion.
- ↑ O'Hear, Steve (2017-10-17). "Spotahome raises €13.6M to let you view and book mid to long-term accommodation online" (in en-US). https://techcrunch.com/2017/10/17/spotahome/.
- ↑ Hamzaoui, Arnaud (20 October 2017). "Spotahome, le Airbnb de la location classique, a levé 16 millions de dollars" (in fr). https://immo2.pro/actualite-immobilier/spotahome-airbnb-de-location-classique-a-leve-16-millions-de-dollars/.
- ↑ 9.0 9.1 9.2 9.3 9.4 "L'Espagnol Spotahome lève 40 millions de dollars pour simplifier la location de logement à l'international" (in fr). 6 June 2018. https://www.frenchweb.fr/lespagnol-spotahome-leve-40-millions-de-dollars-pour-simplifier-la-location-de-logement-a-linternational/327420.
- ↑ O'Hear, Steve (2018-03-12). "Spotahome acquires Erasmusu, an online community for international students" (in en-US). https://techcrunch.com/2018/03/12/spotahome-acquires-erasmusu/.
- ↑ "Spotahome, a startup co-founded by IE Law alumni, adquires Erasmusu and establishes the first European Proptech holding company" (in en). https://www.ie.edu/law-school/news-events/news/spotahome-startup-co-founded-ie-alumni-raises-e13-6m/.
- ↑ Kennedy, John (2018-06-06). "Madrid’s Spotahome raises $40m in Series B round" (in en-GB). Silicon Republic. https://www.siliconrepublic.com/start-ups/spotahome-series-b-funding-madrid-proptech.
- ↑ 13.0 13.1 "La proptech Spotahome lève 40 millions de dollars grâce à un tour de table mené par Kleiner Perkins" (in fr). June 2018. https://www.next-finance.net/La-proptech-Spotahome-leve-40.
- ↑ "L'espagnol Spotahome clôture une levée de fonds de 29 millions de dollars" (in fr). 7 October 2021. https://lecourrier.es/lespagnol-spotahome-cloture-une-levee-de-fonds-de-29-millions-de-dollars/.
- ↑ "Eduardo Garbayo asume el cargo de consejero delegado de Spotahome para liderar una etapa de crecimiento" (in es). Forbes España. 2 February 2026. https://forbes.es/economia/867290/eduardo-garbayo-asume-el-cargo-de-consejero-delegado-de-spotahome-para-liderar-una-etapa-de-crecimiento/.
- ↑ "Garbayo replaces Artacho as CEO of Spotahome". 22 January 2026. https://aimgroup.com/2026/01/22/garbayo-replaces-artacho-as-ceo-of-spotahome/.
- ↑ 17.0 17.1 Santos Pereira, Sónia (15 January 2022). "Plataformas revolucionam arrendamento" (in pt). Dinheiro Vivo. https://dinheirovivo.dn.pt/plataformas-revolucionam-arrendamento-14493003.html.
- ↑ "Arrendamento: Em três anos, a Spotahome já reuniu mais de 12 mil reservas em Portugal" (in pt). 9 March 2022. https://www.diarioimobiliario.pt/Habitacao/Arrendamento/Arrendamento-Em-tres-anos-a-Spotahome-ja-reuniu-mais-de-12-mil-reservas-em-Portugal.
- ↑ Marmé, Paulo (20 April 2023). "Spotahome chega a Coimbra para digitalizar o setor imobiliário" (in pt). Forbes Portugal. https://www.forbespt.com/spotahome-chega-a-coimbra-para-digitalizar-o-setor-imobiliario/.