StudentRoomStay announces $10m funding round

Student accommodation provider StudentRoomStay.com has closed its first seed round of funding at a post valuation of more than $10 million as it prepares its 2020 US launch, before expanding to other international markets.

Founded by Adam Lee of US-based AmeriStudent and David Bycroft of Australian company MyStay International, StudentRoomStay is seeking to “build the future of student accommodation worldwide” for both domestic and international students.

The provider raised the funding round in order to accelerate growth post Covid-19, as well as purchase technology and IP from MyStay International …

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