FlatClub, An Airbnb For Elite Universities, Lands $1.5M Investment To Scale Up

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TechCrunch

Last year FlatClub, a sort of Airbnb for top university students and their alumni, launched across 30 U.S. and UK universities (such as Columbia Business School, INSEAD, King’s College). It’s now raised $1.5million from a network of Angels including Jeremy Coller of Coller Capital, Professor Eli Talmor of London Business School and David Wolfe of BrandJourney and InterCapital.

Flat-Club takes a 6-15 percent charge but doesn’t charge the host. The average stay is almost a month, whereas Airbnb is a few nights. After launching first in London it now has now has 50,000 verified members (members have to have a university email address), and features properties from alumni of more than 50 of the world’s top universities, including London School of Economics, London Business School, University College London, King’s College and New York University.

Hosts on Flat-Club can choose who see their postings – for instance, only alumni of…

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