Bristol, UK-based aggregated platform for first-time renters, including students and young graduates, Hybr raised EUR 3.7 million in seed financing. The round took place on Dec 1, 2023. Investors such as Blackwood Ventures, Adjuvo, Alec Dent as part of the Atomico Angel Programme and individuals such as the former CEOs of The Office Group, Hannah Rothschild, serial entrepreneur Debbie Wosskow, Rosemary Leith, and Evelyn Bourke, the former CEO of Bupa provided the investment to the firm.
What the company’s official has to add
Founder and CEO of Hybr, Hannah Chappatte, said, “I am proud that we have secured an oversubscribed Seed Round, especially against the backdrop of this year, which has been a challenging time to raise capital. The funding marks the start of the positive impact we can have on the student rental space and will enable us to accelerate our growth across the UK. We plan to launch in 20 key university cities in the coming 12 months.”
What the investors have to comment
Abbas Kazmi of BlackWood Ventures said, “We are excited to be leading Hybr’s seed round as they disrupt the market for first-time renters. Their platform provides a much-needed solution for all participants in the ecosystem, from first-time renters to agents, operators and landlords, and we have been hugely impressed by their progress so far. We look forward to being part of Hybr’s journey on its important mission to revolutionise a space that has been overlooked and underserved for too long. We can’t wait to see them scale their offerings and truly believe that they have the right team in place to deliver on their ambitious plans.”
In addition, Mark Foster-Brown, CEO of Adjuvo, said, “We were interested as soon as we saw Hybr’s proposition, as many Adjuvo members know first-hand the difficulties that arise from looking for, and securing accommodation at the outset of university courses. Hybr has approached this market with a complete focus on the student’s experience whilst making the process significantly easier for landlords. We are very excited to support Hannah and her team as they scale up rapidly in the UK.”
About Hybr
Hannah Chappatte in 2020 launched the company. Hybr is an aggregate platform for first-time renters, including students and young graduates. Hybr matches young renters to vetted landlords whilst providing landlords with a connected best-in-class lease-up experience, offering pre-qualified and also supported tenants. Hybr’s service is completely free for young renters.
To explore more such startups, visit Zefyron Startup Database
For more extensive analysis and Market Intelligence reports, feel free to approach us.
We try our best to fact-check and bring well-researched as well as non-plagiarized content to you. Please let us know
if there are any discrepancies in any of our published stories,
-how we can improve,
-what stories you would like us to cover
–what information you are looking for in the comments section below or through our contact form! We look forward to your feedback, and thank you for stopping by!
Next Article
