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. 

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Jasleen Bhatia works as a content writer for VCBay News. She is pursuing her final semester in Bachelor of Business Administration from IIPS, DAVV. Driven by her keen interest in entrepreneurship and finance, she writes business-related articles.


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