University Cribs has completed a seed funding round with a capital raise of £450,000.
The online platform for student property rental plans to expand its geographic reach with letting agents and student property providers across the UK, while investing in the technology platform to stay ahead of the market.
Launched last year, University Cribs has listed more than 120,000 rooms for rent from a mix of 300 customers comprising lettings agents and student housing providers.
The new investment values the company at £2m.
Investors included Raffaelle Russo, director of Loc8Me and Dave Harvey & Tom Paine, co-founders of TeamLove.
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