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Funding · Professional & Local Services

House of Student raises $2 million seed round

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Date
Company
House of Student
What it does
Student housing marketplace
Kind
Funding
Amount
₹19 crore
Stage
seed
Based in
San Francisco
Founded
2025-02
Sector
Professional & Local Services

What they do

House of Student is a marketplace for student housing with over 2.5 million verified rooms across 25 countries

What happened

It raised $2 million in seed funding (equity and debt) led by Saltwater Sutra and co-led by Nirmitsu Inspirational Ventures

Why it matters

The company plans to use the funds to accelerate product innovation, grow AI capabilities, and expand globally

The details

  • House of Student raised $2 million in seed funding, consisting of both equity and debt.
  • The round was led by Saltwater Sutra, a boutique investment banking group with offices in New York and Mumbai.
  • Nirmitsu Inspirational Ventures co-led the round.
  • Other participants included Gautam Verlekar, Glen Fernandes, Richard McCallum, Ali Moosa, and several industry executives.
  • Existing investor Unilodgers also participated in the round.
  • The company will use the funds to accelerate product innovation, grow AI capabilities, expand housing supply, and pursue global expansion.
  • House of Student also plans to expand into AI-enabled student support services beyond accommodation.

The bigger picture

  • The founder's previous company, Unilodgers, was valued at $109 million in its first institutional round.
  • The student housing market is competitive, with rivals including Uhomes, Amber, and Uniplaces.
  • House of Student was founded in February 2025, making it just over a year old at the time of this funding.

About the business

  • House of Student operates a student housing marketplace that enables online booking and housing network management.
  • It offers over 2.5 million verified student rooms across more than 25 countries.
  • Its coverage includes the UK, US, Australia, Canada, New Zealand, UAE, Singapore, and 18 European countries.
  • The company is headquartered in San Francisco and has operating teams in India, the UK, and the Middle East.
  • It also has a presence in Gurugram and the US.

What happens next

  • Accelerate product innovation and grow AI capabilities.
  • Expand housing supply and pursue global expansion.
  • Expand into AI-enabled student support services beyond accommodation.

The deal

Type
seed

Investors

  • Saltwater Sutra (lead) — A boutique investment banking group with offices in New York and Mumbai.
  • Nirmitsu Inspirational Ventures (co-lead)
  • Gautam Verlekar (participant)
  • Glen Fernandes (participant)
  • Richard McCallum (participant)
  • Ali Moosa (participant)
  • Unilodgers (existing) — A student housing marketplace and the founder's previous company.

Founders

  • Vaibhav Verma, Founder

About House of Student

Product
Online platform for searching and booking student accommodation
Customers
International students in education hubs
How it makes money
B2C platform connecting students with accommodation providers
What sets it apart
First student housing marketplace with AI-enabled services

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